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India’s solar status 2017 w/ charts, Bridge to India

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.

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NTPC sets 32 GW renewables target by 2032

To date, the National Thermal Power Corporation (NTPC) Ltd has installed roughly 1 GW of renewables in India. NTPC is planning several projects including floating solar and battery storage projects nationwide.

India requests WTO panel to rule on compliance over solar dispute

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.

Azure Roof Power to electrify government buildings of Udaipur city

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.

ReNew Power raises $352 million to repay loans

ReNew Power Ventures Pvt. Ltd has raised $ 352 million via Non-Convertible Debentures to repay loans.

India considers 7.5% duty on imported solar modules

According to reports, India is planning to impose a 7.5% tax on imported solar PV modules.

CEL announces 120 MW PV tender

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 mulls purchase of Waaree Energies solar portfolio – reports

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.

Waaree Energies raises INR 1bn through Centrum-led investors

A structured credit deal has been struck between Centrum-led investors and Waaree Energies Ltd, an Indian solar power firm.

India electrifies over 15,000 villages in last three years – MNRE

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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