ICRA assigns stable outlook to India’s renewable energy sector
The outlook is supported by a strong project pipeline, competitive tariffs, and continued policy support. The demand outlook for domestic solar module manufacturers also remains favorable.
In H1 2021, India met 72% of electricity demand growth through solar and wind
The figures paint a better picture for India than other Asian nations, where fossil fuel-based generation accounted for a much bigger share in meeting the rise in electricity demand.
Tata Power Renewables commissions 150 MW solar project in Rajasthan
The solar project, spanning 756 acres of land, was commissioned within the scheduled timeline despite the various challenges posed by Covid-19 pandemic.
NHPC tenders 600 MW solar EPC in Tamil Nadu
The tendered capacity includes 500 MW interstate and 100 MW intrastate transmission connected solar projects. Bidding closes in the first week of October.
Renewable energy investment in just four months exceeds FY2021 figures
The Indian renewable energy sector received an investment of US$6.6 billion between April and July 2021, beating the total for the previous financial year.
NHPC tenders 100 MW floating solar EPC in Odisha
The grid-connected floating solar project shall come at Rengali reservoir in the Angul district of Odisha. Bidding closes on October 7.
Indian renewable energy developers raise over INR 26,300 crore through green bonds in first half of 2021
Since 2014, Indian renewable energy developers have raised more than INR 78,200 crore through green bonds in global markets.
The potential for grid-scale energy storage in India
A new study provides a first-of-its-kind assessment of grid-scale energy storage deployment in India both in the near term and the long term. The researchers conducted scenarios-based capacity expansion modeling to assess when, where and how much energy storage can be cost-effectively deployed in India through 2050. In all scenarios, energy storage was found to play a significant role in India’s power system.
Solar modules are being detained by US customs agents, reports suggest
An order issued in late June instructed US customs agents to detain solar shipments containing silica-based products sourced from a Chinese firm and its subsidiaries. Three solar players may already have been impacted.
Engie commissions 200 MW solar plant in Gujarat
The solar plant, spread across 380 hectares in the Raghanesda Solar Park, is Engie’s second-largest PV project in India. It was completed within the schedule, despite the multiple challenges during the Covid pandemic.
