Amplus Solar

The Gurugram-headquartered distributed solar energy company has acquired Sterling and Wilson’s 7.2 MWp of on-site rooftop solar projects across seven Indian states.

Applications are invited from start-ups with ready-to-deploy solutions in areas like distributed solar, Internet of Things (IoT) applications in energy, battery storage and electric mobility. Winners will be supported through seed capital to scale up.

Bridge to India figures show dominance of Chinese inverters, which supplied almost 80% of installs from July last year to the end of June.

Market dynamics may again alter the global supply-demand picture for solar modules, leading to an increase in prices or price stabilization.

The new guidelines on Covid-19 lockdown permit certain industrial activities, including the construction of renewable energy projects from April 20, 2020, in areas not identified as containment zones of the country. The industry will, however, have to abide by the safety protocols.

The developer reached out to the families in need by providing them ration as the situation worsened for the local community in the vicinity of a 75 MWp Open Access solar park owned by it in Uttar Pradesh.

Manufacturing sector accounts for 14% of rooftop installations among top end user industries. The sector added around 130 MW of rooftop capacity in FY2019.

Encouraged by the state’s investor-friendly solar policy, distributed power producer Amplus Energy Solutions will install 400 MW of solar capacity for R20 billion over three years. In the first phase, Amplus will develop a 50 MW ground-mounted project in Mirzapur district.

During the recent Uttar Pradesh Investors summit, amplus solar signed a Memorandum of Understanding with the state government for the investment of INR 22 billion over the next 5 years.