Markets

Rural India a $50 billion market for clean energy innovations

The farming sector offers the largest green energy innovation opportunity, with rice transplanting, pesticide spraying and grain harvesting together having a market potential worth $40 billion – says the Council on Energy, Environment and Water.

Saudi Arabia and BP Group betting big on India

Two of the world’s biggest players in the oil industry have backed the nation’s ambitious solar target – and are putting their money where their mouth is.

India added world’s second largest PV capacity in first half of 2018

The nation installed 4.9 GW of solar, surpassing the USA – which installed 4.7 GW – to become the second largest solar market in the first half of the year, second only to China’s 24.3 GW.

NTPC tenders 70 MW floating solar PV project in Kerala

November is the deadline for interested bidders, who will be permitted to use cells and modules with any origin in the plant, which is planned for Kayamkulam.

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India’s 40 GW rooftop solar aim hit by high costs, net metering caps

Factors including the ability to reach less credit worthy clients, standardised regulatory support and a rating mechanism for developers could promote rooftop solar uptake in India.

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The long read: Storing up the future

The global installation of photovoltaics is expected to reach the terawatt level within just five years, according to Bloomberg NEF. And with more than 99.1 GW of grid-connected solar installed in 2017, switching on to the importance of storage is key.

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SECI defers ‘world’s biggest’ solar auction until mid November

The bid submission deadline for the national 10 GW, inter-state PV project plus manufacturing tender is now November 12. According to officials, there are amendments to be made in the tender requirements, for which it is awaiting a ministerial mandate.

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Fall in rupee against the dollar will see solar targets missed, predict analysts

Ratings agency adds to pessimistic predictions about Indian solar with MNRE ambition of 34 GW of solar auctions next year at real risk. The news follows similar warnings about India’s 100 GW solar target.

Uttar Pradesh auctions 500 MW of solar capacity at tariffs above Rs3

The lowest solar tariff, of Rs3.17 per unit, was quoted by the NTPC utility and Maheshwari Mining and Energy, for 140 MW and 20 MW of grid connected PV capacity, respectively.

Indian EPC eyes central Asian markets

Sterling and Wilson wants to construct 200 MW of PV in Kazakhstan in the next two years and says it is eager to get a slice of the Uzbek market too.

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