Blackstone could provide Indian energy security a strong boost
For one of India’s largest foreign investors, it’s time to invest in renewables.
Analyst expects recovery for PV and storage supply chains
U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.
Gujarat approves Rs 13.61 crore solar projects for water treatment plants
These solar plants—installed for eleven nagarpalikas (municipalities) in the State—would generate approximately 2,835 KW power, saving Rs 2.94 crore in the electricity bills.
Project developers in south Asia can secure cash from IRENA funding pot
The Climate Investment Platform launched by three multilateral bodies in September is now open for business and renewables companies in developing nations across 14 regions including south Asia could qualify for help with clean energy facilities, renewables-related grid improvements and energy efficiency schemes.
Ministry explores alternatives to bank guarantees for solar projects
Lobby group the National Solar Energy Federation of India has welcomed the move and asked the Ministry of New and Renewable Energy to extend any such measures to existing contracts to help developers meet working capital requirements.
DGTR initiates review of safeguard duty on solar cells and modules
An application seeking continued imposition of the safeguard duty for a further period of four years was filed by Mundra Solar PV, Jupiter Solar Power and Jupiter International, through the Indian Solar Manufacturers Association (ISMA).
Optimistic solar outlook dimmed by COVID-19 – Bridge To India
Developers are also expected to drag their heels over project completion during the first half of the year as the safeguarding duty applied to imported Chinese and Malaysian solar products is due to expire at the end of July.
India Ratings maintains stable outlook on solar sector for FY2020-21
Contracted revenue, minimal volume risk and moderate-to-strong counterparties mitigate cash flow concerns in solar assets.
Investment opportunities in India’s solar sector
India, with 750 GW of solar potential, has also one of the highest transmission and distribution losses in the world. So, while there is immense scope in PV deployment, there is a need for greater investment in grid related projects also to help the country best utilise its renewable energy potential, says the latest report by SolarPower Europe and National Solar Energy Federation of India (NSEFI) which also makes recommendations to help accelerate investments in the solar sector.
Rooftop solar leader Gujarat gets maximum central financial support for RE generation
With Rs 118.27 crore in the current financial till February 10, Gujarat is way ahead among all states and union territories in getting the central financial support for new and renewable energy generation.
