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Markets & Policy

Fourth Partner Energy secures INR 250 crore from UK investor CDC Group

The Hyderabad-based developer shall use the capital to expand its solar portfolio as it targets 3 GW of PV capacity across all its verticals by 2025. The investment, in the form of non-convertible debentures, marks CDC’s foray into India’s commercial and industrial solar segment. 

Solar 101: Is my roof ready for solar?

In this series, we’ll break down the decision-making process into bite-sized pieces so you can navigate the process and feel good about your choices.

Green taxonomy first step towards building a resilient society

The second wave of Covid-19 reminds us to build a resilient society. Climate Change, not unlike Covid-19, will deliver devastating effects to our planet and disrupt our way of life. So, in this climate decade, India must channel investments into sustainable activities. The first step is to construct a robust “green taxonomy” – a green list of sustainable activities. 

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PV-powered desalination system for rural areas

Italian start-up Genius Watter has developed a solar desalination solution that is claimed to be particularly suitable for remote areas with no connection to grid electricity. The system is able to produce up to 1,000 cubic meters of potable water per day at an opex of €0.20 per cubic meter.

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Visaka’s solar roof granted patent rights in South Africa

The company believes introducing its ATUM solar roof (PV panels integrated on cement boards) would be a gamechanger for South Africa. The product, which can directly be used as a roof, will enable distributed microgrids in the region to address the energy requirements of the unelectrified.

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Torrent Power secures PPA for 300 MW solar capacity in Gujarat

The integrated power producer will sell solar power from the Gujarat plant to its licensed distribution business unit at an INR 2.22/kWh tariff.

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Gujarat is progressing towards its solar PV rooftop target 2021-22

Gujarat tops the list of Indian states with respect to installed solar rooftop capacity, as it has already achieved around 40 percent of its allotted target. The persisting pandemic has slowed down the pace of capacity addition but policy incentives like SURYA- Gujarat are paving way towards Gujarat’s clean energy transition.

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Covid impact: Solar imports dipped 75% in ten months

Coronavirus disruption has been cited as the chief culprit as imports from China, Thailand and Vietnam slumped from April to January, but safeguarding duty also appears to have had an impact, with unaffected imports from nations such as Myanmar, Chad and Russia on the rise and Malaysian trade keeping steady.

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BHEL issues global tender to select monocrystalline module partners

Bharat Heavy Electricals Ltd (BHEL) seeks module supply partners for an aggregate 750 MW of panels as it intends to participate in the tender for 500 MW Rewa solar park in Madhya Pradesh. Bidding closes on April 27.

Indian firm purchases American hydrogen cylinder maker Catalina Composites

New Delhi-headquartered Uttam Group of Companies has purchased California-based Catalina Composites as it sees a surge in demand for clean energy solutions, including hydrogen. The company will invest at least $20 million in staff, equipment, and research and development of high-pressure cylinder production for hydrogen and compressed natural gas.

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