Tata Power to deploy electric vehicle charging stations at Apollo Tyres retail outlets
Tata Power has signed the deal to set up electric vehicle (EV) charging stations at Apollo Tyres’ 150 branded retail outlets. In addition to the customers visiting these tyre retail outlets, the charging stations would be open for use by the general public as well.
With green bonds push, the sun continues to shine for renewable energy financing in India
With the issuance of sovereign green bonds, several global investors will be interested in taking exposure to the Indian renewable energy market that is brimming with opportunities in hybrid, storage, round-the-clock, and rooftop solar projects.
Dalmia Cement expands solar plant capacity to 17.1 MW
The cement manufacturer has added 14.7 MW of ground-mounted solar power plant to supply green energy to Kaplias Cement Works plant in the Cuttack district of Odisha.
Maharashtra tenders 865 MW of distributed solar
Bidders have until February 28 to lodge their interest in developing grid-connected, ground-mounted solar plants in sizes of 2-10 MW in various districts of Maharashtra. The ceiling tariff is fixed at INR 3.10/kWh.
Union Budget targets domestic production with 40% solar import duty and boost to manufacturing-linked incentive
The budget presented today by finance minister Nirmala Sitharaman allocates an extra INR19,500 crore (US$2,602 million) to the production-linked incentive scheme for solar and notifies basic customs duty of 40% on foreign-made solar modules and 25% on cells, from April.
Sungrow signs inverter supply contract for 75 MW of solar projects in Uttar Pradesh
The Chinese manufacturer will supply its 3.125 MW central inverter solution SG3125HV for the 75 MW solar power project being set up by state-owned hydropower producer SJVN Limited.
Gujarat tenders 166 MW of solar EPC work
Gujarat State Electricity Corporation Limited has invited bids to set up an aggregate 166 MW of grid-connected solar plants in Gujarat. The plants shall come up at locations around GETCO substations in Kutchh, Morbi, and Surendranagar districts. Bidding closes on February 25.
SBI partners with Tata Power for financing solar projects
The State Bank of India has set up a dedicated centralized cell that will process loan applications for commercial and residential solar projects sourced across India by Tata Power Solar Systems Ltd.
Electric mobility sector’s budget wishlist
Players in the electric mobility sector call for a reduction in goods and services tax on electric vehicle (EV) batteries, easy access to low-cost finance for EV buyers, and expansion of FAME Scheme subsidy to ICE-to-EV conversion kits. They also expect the government to enhance the manufacturing capacity and financial layout under the production-linked incentive (PLI) scheme for advanced-chemistry battery cells.
Talesun to supply 250 MW bifacial modules for Rajasthan solar project
The Chinese solar manufacturer has signed a deal with Indian developer Clean Solar Power to supply 250 MW of BIPRO series bifacial modules for a solar project in Rajasthan.
