Gujarat extends solar power policy till December 31
The state’s Solar Power Policy 2015 was due to expire since April 1, 2020. With a 9-month extension, solar power plants installed and commissioned till December end become eligible for the benefits and incentives declared under this policy.
Delhi lockdown has seen solar irradiation rise
Scientists measuring air pollutants and PV performance in the city have found the lockdown conditions imposed since late March have brought about a significant reduction in air pollution which has led to an 8% increase in solar irradiation reaching rooftop arrays.
India will add just 50 GW of solar in the next five years, according to company bosses
The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
Designing behind-the-meter solar-plus-storage program for India
A new report outlines key considerations for Indian regulators and other stakeholders when designing behind-the-meter distributed solar-plus-storage system programs, based on evidence from similar programs in the United States.
REIL tenders residential rooftop solar in Bihar
Bids are invited to set up an aggregate 1 MW grid-connected rooftop solar capacity in residential sector across various locations in Bihar. The projects—in sizes of 1 kW to 10 kW and beyond 10 kW—are to be set up in turnkey mode. Bidding closes on July 8.
Singapore’s Cleantech Solar secures US$75 million green loan from ING Bank
The commercial and industrial solar developer, which commands a significant share in the Indian market, will use the amount to fund rooftop PV installations for corporates across Southeast Asia.
Haryana tenders 30 MW rooftop solar for government buildings
Bidding closes on July 20 for installation and commissioning of grid-connected solar projects. The projects are to be set up in RESCO mode on government buildings across the state.
Solar costs have fallen 82% since 2010
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
Bridge To India lowers renewable outlook for 2020-24
The Indian renewable energy market is poised for a significant contraction during the five-year period due to weakening power demand growth, deteriorating financial condition of Discoms and further constraints in debt financing.
SunSource Energy bags another IndianOil project
The new rooftop solar project will be the EPC provider’s third project for Indian Oil Corporation. It will cover ten buildings across the state-owned fossil fuel giant’s flagship Gujarat Refinery and its residential township.
