The Gujarati multinational will invest Rs700 billion to set up world’s first 100% renewable powered data center parks in the state.
The Green Climate Fund (GCF) and the National Bank for Agriculture and Rural Development (NABARD) have signed an agreement to infuse US$100 million into an ambitious $250 million project designed to unlock private sector initiatives for the creation of rooftop solar power capacity across India.
Maharashtra (473 MW), Tamil Nadu (312 MW), Karnataka (272 MW), Rajasthan (270 MW) and Uttar Pradesh (223 MW) are the top five states accounting for 54% of the total market—according to Bridge To India’s latest India Solar Rooftop Map report
The programme allows the installation of solar roof atop apartment blocks, which otherwise could not install such systems. Potential in the area is around 15 MW, of which 6 MW have been signed up for already. Another 5 MW should be developed in this second phase of the project.
Factors including the ability to reach less credit worthy clients, standardised regulatory support and a rating mechanism for developers could promote rooftop solar uptake in India.
Responding to developer requests, the state-run NTPC has deferred a 2 GW solar auction by a week, to Tuesday. Madhya Pradesh Urja Vikas Nigam Ltd is another state-owned corporation that has extended its bid submission deadline – for 33 MWp of rooftop solar – from August 9 to August 17, after similar requests.
South Central Railway (SCR) of India has announced today that Secunderabad is the first railway station on Indian Railways to get the Green Certification. The station has a 500 KW Solar PV installation, generating 2500 kWh per day.
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