This partnership with the government-backed infrastructure-specific investment fund will help NTPC raise capital as it aims for nearly 30 GW of overall power generation capacity from renewable energy sources by 2032.
India’s entire solar industry is dependent on Chinese imports to function. Hence, there is a comprehensive need to relook at the current policies and focus on building wafers and ingots capacity that will be used to manufacture the cells and eventually, modules.
Indian solar manufacturers have cried foul over a system which exempts imported panels from yet-to-be-announced tax regimes but offers no such protection to domestic products.
The state is also reportedly set to this year unveil ‘Asia’s largest floating solar plant’, in the shape of the 150 MW Rihand Dam installation.
The state’s Solar Power Policy 2015 was due to expire since April 1, 2020. With a 9-month extension, solar power plants installed and commissioned till December end become eligible for the benefits and incentives declared under this policy.
Noida Authority has selected Energy Efficiency Services Limited to deploy public charging stations under the second phase of the FAME India Scheme. A total of 162 public EV charging stations comprising 108 122kW fast chargers and 54 Bharat DC001 (15kW) are to be installed in the city.
The National Solar Energy Federation of India said the project timeline relaxation provided by the Ministry of New and Renewable Energy is insufficient as construction continues to be severely hampered. Labour exodus and procurement delays (due to restrictions on international travel) are among the reasons affecting project progress.
The company has bagged an order from state-run Chittaranjan Locomotive Works to supply transformers for goods and passenger locomotive engines.
The Italian utility, fresh from securing its first 300 MW of PV generation capacity in the recent, record-setting tender held by SECI, has teamed up with the state-owned Norwegian Investment Fund to commit to further clean energy facilities in India.
The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
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