Federal government removes state hurdle for renewable energy projects
The MNRE has removed a layer of bureaucracy by lifting the requirement of proposed projects to be registered with power bodies at sub-national level.
Is national 225GW renewables target achievable?
There was incredulity in some quarters as the federal government raised its renewables ambition another 22%, but the stellar performance of the past four years points to the new target being a realizable one.
Global PV market to grow by another 621.7 GW by 2022, SolarPower Europe says
Global newly installed capacity for 2018 is forecast to reach 102.6 GW, of which “only” 39 GW are expected to come from China. Fourteen countries are expected to cross the GW threshold this year.
Lightsource BP completes first Indian solar project
Lightsource BP has announced the completion of its first solar project in India. The 60 MWp solar farm is located in Wagdari, Maharashtra.
India saw more utility-scale PV tenders in Q1 2018 than in entire 2017 – Bridge To India
India saw the issuance of 13 new utility-scale solar PV tenders totaling 11,945 MW in the quarter ending March 31, 2018, which is 68% more than in the entire of 2017. However, tender capacity for rooftop solar PV (greater than 1 MW in size) was down 50%, at 102 MW.
2018 global PV market to see negative growth following China backtrack
Global solar PV demand this year will be less than in 2017, on the back of China’s latest policy decision, says TrendForce. Overall, it sees new installs dropping 40% in China to 31.6 GW. The protectionist measures taken by the U.S. will also be weakened by the resulting falling module prices.
BHEL wins INR 1.25 billion worth of solar PV plant orders in Gujarat
The first order for installing a 20 MW PV power plant has been placed by Gujarat Alkalies and Chemicals Limited (GACL), while the other, for a 10 MW PV power plant, has been received from the Gujarat State Fertilizers and Chemicals Limited (GSFC). Both of the solar PV power plants will be installed at the Gujarat Solar Park in Charanka, Gujarat.
India records best ever quarter, but safeguard duties holding solar industry back – Mercom
According to Mercom India, the Indian solar PV industry has recorded its strongest quarter since the launch of the National Solar Mission. In addition to declining module prices, both rooftop and utility-scale installations saw strong growth. Clarity is needed, however, on the ongoing safeguard duty saga, to drive the industry forward.
Fortum selling 54% shares of its 185 MW PV portfolio in India
The company was adamant that it will not exit the Indian PV market, after rumors last October suggested that the company will sell its PV assets in India. Now, the company reiterates its commitment and stresses that additional funding will be used to develop new assets.
Azure Power secures 25-year PPA for 75MW project in Assam
Earlier this year the state announced it would install an additional 590 MW of solar PV to meet growing energy demand. Last year Assam had a 4.2% energy deficit.
