India

International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed the joint financial partnership declaration to support solar energy projects developed under ISA programs.

The government has achieved only 17% of the set targets for the 2017-18 financial year, which is just 2% of the goal of 40 GW grid-connected solar rooftops by 2022. MNRE will soon propose new schemes to improve the sector.

Power generation company National Hydroelectric Power Corporation (NHPC) is presently installing 50 MW of Solar in Tamil Nadu State and is expected to add 200 MW by 2019.

Acme Solar regret bidding the lowest ever solar tariff of INR 2.44 ($0.037)/kWh achieved in May for Bhadla Solar Park amidst solar costs increase.

AGV commissioned the 2MW solar PV plant, which is expected to generate more than 2.4 million kWh energy annually.

Tata Power Renewable Energy Limited (TPREL) has installed a 30 MW solar power plant at Palaswade, Maharashtra

The State Bank of India (SBI) announces the deal at a press conference on financing grid-connected rooftop solar PV projects in association with World Bank held in Mumbai on October 30.

Companies within Macquarie Infrastructure and Real Assets; Light source Renewable Energy and UK Climate Investments, part of the Green Investment fund enter into partnership platform to enter Indian Solar market for its development, acquisition and ownership of solar assets.

The total capacity of 5 MW Solar as part of railways 1,000 MW solar mission is commissioned on four central stations – Hazrat Nizamuddin, Anand Vihar, New Delhi, and Old Delhi Railway Station.

Power and MNRE Minister, Raj Kumar Singh chairs the 4th Foundation Day celebrations of National Institute of Solar Energy (NISE), Gurugram on October 27