Indian government planning ‘rent a roof’ policy for solar rooftop
Under proposed ‘rent a roof’ policy, solar developers will rent rooftop space to install a PV array and offer to lease to each household and then feed the solar power to the grid, said MNRE Secretary Anand Kumar.
Anti-dumping petition has created huge uncertainty for entire Indian solar sector, Bridge to India says
Indian renewable analyst firm notes that anti-dumping comes at inopportune time with the industry already reeling from a slowdown in new project procurement, extra costs due to GST, import duties and increased module prices. It is expected to come by October 2018 and may affect all stakeholders and projects in the pipeline as well as those awaiting auction.
KREDL retenders 200 MW Pavagada Solar Park
The Karnataka renewable energy development limited (KREDL) has reissued the tender for Pavagada 200 MW solar park that was withdrawn in August 2017.
Azure Power announces results for fiscal second quarter 2018
As of September 30, 2017, Azure power has 1,381 MW operating & committed, an increase of 35% over September end 2016. Revenue for the second quarter was INR 1,823.8 million ($27.9 million), an increase of 104% over the quarter ended September 30, 2016. The company’s adjusted EBITDA for the quarter was INR 1,499.5 million (US$23.0 million), an increase of approximately 167% over the fiscal second quarter 2017.
ABB to supply inverters for Solar charging stations for E-Rickshaws
Three wheeled auto rickshaws that still operate in large numbers as a mode of transport in India are going E-Way. A solar charging station scheme in the city of Jabalpur, Rajasthan will help to reduce charging costs by 25%.
Haryana: Ultimate Sun Systems commissions 500 KW expansion
The expansion was of the 1 MW rooftop solar plant at the Maharshi Markandeshwar Engineering college in Mullana, Haryana.
Tata Power commissions 25 MW solar plant in Gujarat
Tata Power Renewable Energy Ltd. has installed 25 MW part of Gujarat solar park. The PPA is signed with SECI at the rate of INR 4.43 ($0.068)/kWh. The company was also awarded for early commissioning of 100 MW solar plant in Karnataka.
EREN RE and EDF commissions 87 MW solar capacity in India
EDEN, a joint venture between EREN Renewable Energy and EDF Energies Nouvelles, has installed three solar power plants in India amounting to 87 MW. The JV now operates 200 MW capacity in India.
Sterling & Wilson to install 500 MW in Australia
Sterling & Wilson plans to expand its Solar EPC footprint in Australia. The projects could attract investment of AUD 600 million ($ 459.54 million).
Delhi to add 1,000 MW Solar to its energy mix by 2019
Delhi power minister is aiming to have 15% renewable energy by 2019. Delhi government will buy solar power from plants to be installed across the country in next one and half years.
