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Solar Energy Corporation of India was given a Rs 500 crore cash pot to help developers in February, but that clearly wasn’t enough, as a second newly announced scheme underscores just how much financial distress the country’s state power companies are in.

The state-owned engineering major will set up a floating solar plant at NTPC Ramagundam in Telangana and a ground-mounted plant at Raghanesda Ultra Mega Solar Park in Gujarat, with a capacity of 100 MW each.

The Irrigation Department of Uttarakhand, in Dehradun, has re-tendered a 27 MW solar project at the Haripura Dam and a 13 MW installation at the Tumariya Dam in the Udham Singh Nagar district. The project will now be awarded through tariff-based competitive bidding.

SECI’s 1.2 GW solar auction saw four companies – Ayana Renewable, ReNew Power, Azure Power and Mahindra Susten – secure a combined capacity of 1.15 GW at Rs2.54/kWh. Avaada Energy won the remaining 50 MW, at Rs2.55.

In news that will add urgency to Indian government efforts to establish a domestic storage industry, funding has apparently been secured for 16 GWh-plus production lines in Sweden and Germany. Is India at risk of being left in the starting blocks?

A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.

Federal trade authorities in the U.S. have ruled bifacial solar modules will no longer be subject to the Section 201 ruling which applies a 25% tariff to solar panel imports.

Solar trees—like the ones at The National Salt Satyagraha Memorial in Gujarat—are set to make their way into the residential complexes of central government employees as the Central Public Works Department (CPWD) looks to harness solar energy to the maximum extent possible.

Starting its journey as a department within Mahindra Group’s solar EPC company Mahindra Susten, the newly formed comprehensive asset care company for renewable energy customers aims to reach a 20 GWp global portfolio by 2022 from 4 GWp currently.

State-owned power generator NTPC has invited bids for development of 1 GW grid-connected solar PV projects under Central Public Sector Undertaking (CPSU) scheme Phase-II (Tranche-I). The projects are to be set up on turnkey basis under domestic content requirement category, anywhere in India. These will be awarded through domestic competitive bidding followed by reverse auction.