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Markets & Policy

FAME II program backs more than 27,000 EVs

The second phase of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles program offers purchase incentives for electric and hybrid vehicles and also supports charging infrastructure.

Commercial solar rooftops dominate as India nears 6 GW

Bridge to India figures show dominance of Chinese inverters, which supplied almost 80% of installs from July last year to the end of June.

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Gujarat extends bidding for 110 MW grid-connected solar and floats new 210 MW tender

Developers now have until September 23 to lodge bids for the 110 MW procurement round and can toss their hat into the ring for a new tender in the district of Jamnagar which closes on October 5.

Chinese manufacturer Risen signs 140 MW module supply deal with UPC-AC Energy Solar

The contract, for mono PERC solar modules, follows 165 MW of orders supplied by Risen to Indian renewable energy developer Sprng Energy last month.

Mahindra & Mahindra cancels pact to sell solar arm

The company cited delay in sale completion of Neo Solren as the reason for the pact’s cancellation with CLP India. The subsidiary was formed to set up and operate solar plants in Telangana.

Green finance flows just one-tenth of the actual requirement

The tracked green finance for climate mitigation was an average Rs 124 thousand crore (US$19 billion) for FY 2017 and FY 2018, representing only about 10% of what the country required. 

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India could add 6,490 electric buses in next two years

The country’s electric bus market has gained momentum owing to aggressive government push through FAME India [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] scheme and increased interest from global investors.

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Study explores feasibility of North India’s renewables transition

The region could, by 2050, cut greenhouse gas emissions from power, heat, transport and desalination which are expected to add up to more than 825 metric tons of carbon dioxide equivalent this year. Such a transition could be perfectly possible, technically and financially.

Maharashtra utility seeks installers for 25 MW of solar rooftops

The state electric company has issued a call for expressions of interest in installing the residential arrays.

Over 26,000 register for World Solar Technology Summit tomorrow

The Summit will see the signing of four partnership agreements, including one between India’s Ministry of New and Renewable Energy, World Bank, and International Solar Alliance.

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