Adani Green acquires 20 MW solar assets from Hindustan Power
Following 75 MW solar assets in Telangana, Adani Green Energy has completed the acquisition of 20 MW PV assets in Uttar Pradesh for INR 133 crore.
IHS Markit forecasts 181 GW of new PV capacity for this year
The U.K.-based analyst has raised its outlook for new PV additions in 2021 by around 23 GW. Due to strong demand, leading module manufacturers are sold out for the first half of the year.
JICA extends 10-billion yen support for renewable energy projects in India
Japan International Cooperation Agency has signed an agreement with Tata Cleantech Capital to mobilize JPY 10-billion debt fund for projects across renewable energy, e-mobility, and energy efficiency sectors.
Edelweiss Infrastructure acquires 74% stake in Engie’s India solar assets
The Mumbai-based investor has concluded acquiring a controlling stake in Engie’s 813 MWp operating solar capacity in India. It will also acquire 2 GW of solar assets to be developed by the French energy major over the next couple of years.
India’s rooftop solar installation still dismal at 3.9 GW
Rooftop solar, at 3.9 GW, accounts for only around 10% of the cumulative grid-connected solar capacity installed by the nation as of February end this year.
How to protect rooftop solar systems from fire risk
Dutch research institute TNO has released a series of guidelines to reduce fire hazards in rooftop PV installations. The study follows a series of fire accidents that occurred between 2018 and 2020 in the Netherlands, for which the main causes were identified.
ABB hits 5GW milestone in delivering solar plant automation solutions in India
The company attributes this milestone to many significant solar power projects that it won across India for its utility-scale SCADA and string monitoring solutions.
Adani Green to buy Sterling & Wilson’s 75 MW Telangana solar assets
Adani Green Energy has signed an agreement with Sterling & Wilson to acquire its 75 MW of operating solar projects for around INR 446 crore. The projects are located in Telangana.
Solar tariff rise due to customs duty would cost to Discoms INR9 billion annually
India’s declining solar tariff trend will see a reversal as the basic customs duty comes into effect. According to India Ratings, tariffs will likely touch INR 2.43 when using imported solar modules with 40% duty applicable, putting an additional cost burden on Discoms.
‘Solar could supply half of a new 600 GW clean energy ambition’
U.S.-based researchers have modeled the costs of achieving 200 GW, 400 GW and 600 GW of renewables capacity in India this decade and concluded PV should supply no more than half of the generation facilities and policymakers should shift their focus to wind power.
