The recent trade conflicts will reduce India’s total solar installed capacity to 6 GW in 2018
According to the Bridge to India’s ‘India Solar Compass’ report, the total capacity addition in 2017 was 9,255 MW, up 94% over 2016. However, Q4 2017 was slow in terms of project commissioning with only 1,503 MW of utility scale projects being commissioned. Moreover, the execution costs have shot up by about 18% in just six months.
Microsoft to power its new Bengaluru office using solar
Microsoft has purchased 3 MW of solar generation capacity from a solar developer, Atria Power. This will cover 80% of the projected electricity requires at the new facility.
President of France to inaugurate 75 MW solar plant in Uttar Pradesh
According to reports, French President Emmanuel Macron will inaugurate the 75 MW solar PV power plant, located in Mirzapur, Uttar Pradesh on March 12. The plant is developed by the French company, Engie Solar.
EESL to invest more than US$500 million in Andhra Pradesh in four clean energy projects
MoUs for four projects were signed at CII Partnership Summit 2018, held in Andhra Pradesh are valued at more than US$ 500 million and are expected to create jobs, alongside bringing in revenue and saving money.
Tata Power proposes solar roof top projects in member countries of ISA
On the sixth meeting of ISA’s International Steering Committee (ISC), Tata Power Delhi Distribution Ltd made a presentation showcasing their offerings to install solar rooftop projects and key service terms proposing to reach 1 MW capacity in each country.
India: Shell may acquire majority stake in Fourth Partner Energy
Shell is rumored to be interested in acquiring a majority stake in Fourth Partner Energy, a rooftop solar power firm based in Hyderabad, India.
Government issues penalty for violating DCR under MNRE solar projects
India’s Ministry of New and Renewable Energy (MNRE) will penalize parties found in violation of the MNRE’s Domestic Content Requirement (DCR) rules for solar projects, which the World Trade Organisation (WTO) has approved for DCR use.
Solar to lead global renewables growth for next five years — KPMG
Investors throughout the world made 406 investments in large-scale renewables in 2017, collectively valued at roughly €40.1 billion (US$49.5 billion), but solar is set to grow more in terms of capacity than any other clean-energy technology over the next half-decade, according to a new report. Battery storage will play a crucial role in this, it found.
Government makes surprising u-turn on electric vehicle policy
Minister for road transport Nitin Gadkari drops plans to introduce national policy to support growth of electric vehicles in surprising reversal on earlier ambitions.
The weekend read: Foggy days ahead for Indian solar
India is planning to impose a safeguard duty this year to protect its domestic solar manufacturing sector. Many in the industry earnestly believe that if such duties were to be imposed, then a slowing down in market growth would be inevitable. However, the Indian Solar Manufacturers Association (ISMA) believes this will not be the case. Either way, this duty has created unwanted uncertainty in the market.
