Finance

Maheswari Mining & Energy secures the largest slice of 97.5 MW rooftop solar

The developer won 9 MW under RESCO mode. Other major winners include SunSource with 8 MW, Ampsolar and Varp (5 MW each), and Hero Future and HFM Solar Power (4.075 MW each).

Budget 2020: TERI’s wishlist for solar, storage and more

Increased funding under the KUSUM Scheme to create further markets in farmland solar, viability gap funding to promote installation of grid-connected battery storage, and R&D support to zero-carbon technologies for cement and steel sectors would take India ahead on the green path—says the sustainability thinktank.

Tata Power Solar bags 250MW solar project from NTPC

The project—valued at Rs 15,050 million—is to be set up using only domestically manufactured cells and modules. Completion period is 20 months.

Andhra Pradesh: Care Ratings puts 26 renewable developers on negative watch

Ratings may be downgraded if there is a persistent delay in resolving the tariff related dispute or any adverse revision in the tariffs by the state regulator and/or continued delays in receipt of payments from DISCOMs.

GAIL to fund start-ups in renewable and alternate energy space

Startups looking for an equity investment from the state-owned gas utility can submit proposals online till January 24.

‘India will add 14 GW of solar this year’

The annual global outlook report for solar published by IHS Markit notes there was no real uptick in the amount of new capacity added last year, compared with the returns seen in 2018. That is likely to kill any hope India has of overtaking the U.S. as the world’s second biggest solar market in 2020.

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2020 Solar Match: Chasing the Target

While openers like SRISTI scheme for rooftop solar and KUSUM for farmland solar are likely to give a promising start, their implementation on the ground will determine our winning trajectory this year. Simply going by the connotation of 6 balls an over in the game of Cricket, this article looks at 6 factors that will push India to achieve its 2022 solar target.

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SECI tenders another 1.2 GW of grid-connected solar projects across India

Bidders can pitch for up to 300 MW of generation capacity per project with the deadline for proposals on February 4. The eighth tranche of inter-state transmission system program capacity offered by the Solar Energy Corporation of India comes with a solar energy price ceiling of Rs2.78/kWh.

2636 EV charging stations sanctioned under Fame India Phase II

Of these, 1633 charging stations will be fast charging stations and 1003 slow charging stations. With this, about 14,000 charging stations will be installed across the selected cities.

Proposals invited for joint Indo-Hungary research in renewable energy

Multidisciplinary research teams and linkages to industrial partners are highly encouraged. Project duration is 36 months. The deadline for submitting the applications is March 11, 2020.

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