India’s solar sector witnessed a huge growth in 2017. The country is close to 20 GW cumulative solar installation at the end of January 2018. Bridge to India has released several charts comparing renewable installations, tariff rates, and upcoming projects. The data shows India installed 8.5 GW utility-scale and 1.4 GW rooftop solar in 2017.
India is calling for a special meeting of the World Trade Organization’s (WTO’s) Dispute Settlement Body (DSB), to be held on February 9, to consider its request to resolve the disagreement between India and the U.S.
The upcoming 2 MW project is the first ever rooftop solar project for Udaipur Smart City Limited, which is located in the state of Rajasthan.
According to reports, India is planning to impose a 7.5% tax on imported solar PV modules.
Central Electronics Limited (CEL) has announced a 120 MW solar PV tender for the installation of various projects ranging from 500 kW to 3 MW in size. CEL has simultaneously released three more tenders related to solar cells and 100 kW PV installations on railway coaches.
ReNew Power Ventures, which is backed by Goldman Sachs, is exploring an opportunity to acquire the solar assets of Waaree Energies ahead of a planned IPO, reports Mint.
A structured credit deal has been struck between Centrum-led investors and Waaree Energies Ltd, an Indian solar power firm.
MNRE head, RK Singh says 15,183 Indian villages have been electrified, out of 18,452, as of November 30. Free electricity connections have also been granted to 44.41 lakh below poverty line (BPL) households under the government’s rural electrification scheme.
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