Andhra Pradesh proposal casts doubt on India’s renewable sector: Rystad Energy
India may fall around 7 GW short of its ‘60 GW by 2022’ utility-scale solar target if the power purchase agreement revision proposal by the state government is implemented.
Abu Dhabi’s Masdar invests $150 milion in Hero Future Energies
The clean tech company will use the amount to fund its expansion as it plans to reach 5 GW of solar capacity in the next two or three years.
Coal India tenders 100 MW solar projects in Chattisgarh
The projects—to be developed in ‘Capex’ mode—are part of the coal producer’s planned solar capacity of around 3 GW to emerge as a net zero energy company. Bidding closes on November 25.
Distributed storage market to grow nearly twentyfold by 2028
Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.
Solar plant developers can set up excess capacity: MNRE
The requirement of design and installation of additional DC panels may emanate from the contractual need to supply the committed energy and does not cast any obligation on the procurer to buy generation in excess of the contracted energy range—stated the ministry in its advisory issued recently.
Goa to replace traditional clay tiles with solar ones
State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.
Azure Power to raise US $75 million equity from Canadian investor CDPQ
The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.
Gujarat solar capacity just shy of 2.7 GW
The state this week raised its clean energy ambition to 30 GW of generation capacity within three years as figures showed ground-mounted solar is expanding at a faster rate than rooftop installations.
Odisha fire stations to go solar
The state will contract for a total 1.73 MWp of rooftop generation capacity with all the panels supplied manufactured in India.
Uttar Pradesh to tap state water bodies for solar power
Jal Shakti minister Mahendra Singh wants to achieve a win-win by wiping out his department’s Rs3,000 crore electricity bill and selling clean energy to the Ministry of Power. His solution involves ambitious plans for floating PV in Uttar Pradesh.
