Distributed Energy’s rooftop solar aggregator platform raises Rs 100 million funding
The platform connects credible renewable energy projects with investors, and has already delivered 5 MW of energy to a range of companies in Southern India and Rwanda.
ADB extends $250 million loan to EESL for energy efficiency initiatives
The investment—part of a $592 million assistance package—will be used to promote adoption of smart meters, distributed solar photovoltaic systems and e-vehicles in India.
EESL to install 75 EV charging stations for South Delhi Municipal Corporation
The electric vehicle (EV) charging infrastructure will come up in South Delhi Municipal Corporation area over a 10-year period, starting with installation in 18 locations within 6 months from the effective date.
German company Phaesun installs solar-powered water desalination plants in Gujarat
The pilot plants—installed at a temple and a school—work on a membrane-based electrodialysis technology to provide clean drinking water.
Clean energy investment in developing nations slumps as financing in China slows: BNEF
Clean energy investment across 104 emerging markets fell sharply by $36 billion in year 2018 from the previous year, even as their coal burn surged approximately 500 terawatt hours to a record high of 6.9 thousand terawatt-hours. Though the decline in clean energy investments was driven largely by China, inflows to India and Brazil also slipped by $2.4 billion and $2.7 billion, respectively. India, however, emerged as the market with greatest renewables potential.
India touches solar power capacity of 32 GW
As of October 31, a cumulative renewable energy capacity of 83.38 GW was installed in the country, which included 31.69 GW from solar, 37.09 GW from wind, 9.95 GW from biomass and 4.65 GW from small hydro.
Net metering policy change could mean end of rooftop solar in Maharashtra
The recently proposed guidelines allow electricity cost reduction of only Rs 3.64/unit for commercial and industrial consumers, which is not even sufficient to recover the capital costs of setting up the solar infrastructure.
‘The right vision is needed to unleash the potential of floating PV in India’
The technology brings environmental, economic and social benefits, says the senior VP of Ciel et Terre’s Indian business. However, the nation’s obsession with price dictating business decisions, he adds, ignores the truism that ‘in the long run, cheap products lead to more cost’.
NTPC extends bidding for 1 GW solar project
December 3 is the new bidding deadline for the grid-connected solar project that is to be set up on develop-build-demonstrate-transfer basis anywhere in India. Techno-commercial bids will open on December 4.
DVC tenders 50 MW grid-connected solar in Jharkhand
Bids can be submitted till December 27 for the project which shall come up at the state-run power producer’s Panchet project in Dhanbad district. The project shall be awarded through tariff-based domestic bidding followed by reverse auction.
