Rooftop solar needs greater push to reach 2022 target: IEEFA
Policy certainty and more financial subsidies would incentivise the market, as would support for domestic manufacturing and simplifying the net metering application process.
IEA warning against stagnation of renewables
After two decades of growth, the amount of newly installed renewable energy capacity is no longer rising and, despite a 7% growth in electricity generation from clean energy sources, global energy-related carbon emissions have risen 1.7%.
Belectric commissions 26 MW rooftop solar projects for Cleantech Solar
The German EPC contractor is also building a 250 MW AC ground-mounted solar farm in Karnataka. Overall, with an already installed capacity of more than 370 MWp and other projects under implementation, it expects to cross 1 GW of installed capacity in India by the year end.
US investor KKR and Singapore’s GIC own 42% stake in Sterlite Power’s grid trust
KKR has also applied to become a co-sponsor of the power infrastructure investment trust and plans to acquire additional 15% stake in it. The deal marks KKR’s first infrastructure investment in Asia.
Tata Power added 200 MW renewables in FY 2018-19, another 400 MW in pipeline
The company has identified renewables, transmission and distribution, and value-added businesses such as rooftop solar, smart metering, electric vehicle (EV) charging stations and micro grids in rural areas as key growth areas.
Huawei remained world’s largest inverter provider in 2018
The Chinese string inverter giant was the world’s biggest supplier for the fourth year in a row, despite ceding 4% of its global market share, according to analyst Wood Mackenzie. Asia-Pacific was again the largest inverter market, accounting for 64% of global shipments.
Gujarat re-tenders 700 MW of solar but response is lukewarm
Reduction in solar park charges was not enough to attract developers in the same numbers that flocked to a separate 500 MW exercise two months earlier. The Raghanesda Solar Park continues to be a headache after a previous attempt was cancelled because the tariffs were deemed too costly.
Interview: Damian Miller, CEO of rooftop solar supplier Orb Energy
Founded in 2006, Bengaluru-based Orb is a rooftop solar provider that manufactures panels and provides finance for SMEs through a collateral-free loan that matches the payback period for its solar systems. Orb has sold more than 160,000 units in India, with cumulative installations of around 65 MW of PV rooftop capacity.
Bidding extended for 40 MW solar projects at Uttarakhand dams
Bidding for 27 MW solar project at Haripura dam and 13 MW project at Tumariya dam could not be completed as scheduled due to implementation of code of conduct for General Elections Lok Sabha 2019. The revised bid submission deadline is now May 25.
Siemens Gamesa bags 250 MW solar EPC project from Sprng Energy
Spanish-German renewable energy developer Siemens Gamesa—which developed India’s first wind/solar hybrid plant—has commissioned over 400 MW solar capacity in India.
