Floating PV driving Odisha solar growth
The state, which is aiming to hit 2.2 GW of solar within two years, has received a Solar Energy Corporation of India proposal for 500 MW of floating project capacity even as it approves a 40 MW water-borne array put forward by the national solar body. The 500 MW suggested comes on top of a similar scale of floating PV planned across the state by public hydropower company NHPC.
Rajasthan could add 22.6 GW of new renewable energy capacity to the grid within a decade
The state—which has already installed an aggregate 9.6 GW of renewable energy capacity as of FY 2019-20 end—will add another 22.6 GW to the grid by the end of FY2029-30. Of the new RE addition, 18 GW will come from solar capacity.
Commercial solar rooftops dominate as India nears 6 GW
Bridge to India figures show dominance of Chinese inverters, which supplied almost 80% of installs from July last year to the end of June.
Gujarat extends bidding for 110 MW grid-connected solar and floats new 210 MW tender
Developers now have until September 23 to lodge bids for the 110 MW procurement round and can toss their hat into the ring for a new tender in the district of Jamnagar which closes on October 5.
Green finance flows just one-tenth of the actual requirement
The tracked green finance for climate mitigation was an average Rs 124 thousand crore (US$19 billion) for FY 2017 and FY 2018, representing only about 10% of what the country required.
India’s renewable energy capacity needs to grow at 16% CAGR to reach 450 GW by 2030
As of June 30, the country installed 90.5 GW of renewable energy capacity from solar (utility-scale and rooftop), wind and biomass resources.
Fourth Partner Energy bags 4.8 MW rooftop solar project for Titagarh Wagons
Solar panels at the railway coach manufacturer’s three factories in West Bengal will cover approximately 50,000 sq m of roof space and generate around a quarter of the power used by the company each year.
Rays Experts commissions 10 MW solar plant in Haryana
The Rajasthan-headquartered engineering, procurement and construction company commissioned the project as part of a 40 MW solar park in Bhiwani district. The business has an ambitious renewables plan for the state with 150 MW in its two-year pipeline.
Maharashtra utility seeks installers for 25 MW of solar rooftops
The state electric company has issued a call for expressions of interest in installing the residential arrays.
Modi loosens the purse strings to help struggling state utilities
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
