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.
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.
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.
While 95.67 MW has already been installed on various railways buildings, 248.46 MW capacity—awarded by Railway Energy Management Company Limited—is under different stages of execution.
Dhaka has heeded complaints about Indian manufacturers allegedly dumping sub-standard PV products over the border and issued a requirement for modules, inverters, charge controllers and batteries to attain IEC electrical standards.
November 28 is the last date for EPC installers to submit the rates for different capacities of grid-connected rooftop solar systems on government buildings.
November 29 is the last date to bid for projects that are to be set up in sizes of 1 KWp to 500 KWp across the state. The entire project cost is estimated at Rs 500 million.
The partnership will leverage the market intelligence of Sunvest and the tech-driven platform of U GRO in lending to MSMEs for rooftop solar.
State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.
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