Markets & Policy

Kerala extends off-grid solar incentive for two years

The order enabling payment of a rupee for every kilowatt-hour generated by off-grid PV systems has been extended until October 2021 because of anticipated delays in the state electricity board hitting its renewable purchase obligation.

MG Motor mulling EV battery assembly plant in India

The British carmaker, which is launching its electric SUV early next month in India, plans to set up a battery assembly plant in two years for its electric car models.

Cheap Indian imports claim prompts Bangladesh to introduce solar standards

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.

Uttarakhand retenders 40 MW grid-connected solar project

Developers have until December 3 to submit bids for the project which shall come up on dams at Haripura (27 MW) and Tumariya (13 MW) in district Udham Singh Nagar. The project will be awarded through tariff-based competitive bidding.

The smarter E comes to India

The smarter E India event for the new energy world will bring together Intersolar India, ees India and Power2Drive India at the Bangalore International Exhibition Centre (BIEC), from November 27 to 29.

Transmission charges waiver for renewables extended for second time

Developers will be spared interstate transmission system charges if their projects are secured through public capacity auctions held to enable electricity distribution companies to achieve their renewable purchase obligations, and provided the facilities are commissioned before 2023.

TBEA launching GW-scale PV inverter factory in Bengaluru

The Chinese company plans to roll out 2 GW of inverters annually from its manufacturing unit which will have two assembly lines—of 1 GW each—for central and string inverters.

AIIB expects $100 million annual investment in India’s renewables sector

The Beijing-headquartered Asian Infrastructure Investment Bank—which recently approved a US$75 million loan to Tata Cleantech Capital—sees private-sector investment flowing into the nation’s solar and wind projects next month onwards.

Troubled manufacturing-linked solar tender now reportedly oversubscribed

A new series of tweaks by the Solar Energy Corporation of India appear to have paid off, as the organization’s ambitious manufacturing-linked 7 GW solar tender has reportedly ended up oversubscribed by 1 GW.

Magenta partners real estate developer Lodha Group on EV charger installation

Under the partnership, Magenta will install its electric vehicle charging solution ChargeGrid Pro at Lodha Group’s real estate projects in Mumbai, delivering installation to charging support, round-the-clock service, and maintenance support.

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