Indian Oil Corporation and Oil India are planning to set up a 1GW solar energy plant in the state of Madhya Pradesh in order to power their oil refineries, according to a senior figure of the state’s renewable energy agency.
Some Green Energy Corridor projects aiming to expand the transmission network to South India are facing major delays, according to power and mines minister Piyush Goyal.
Indian state-owned mining, metal and power firm National Aluminium Company Limited (NALCO) is tendering for the setting up of a 20MW solar PV project in the state of Madhya Pradesh.
Australia’s Victorian government has issued Green Bonds and raised AU$300 million (US$225 million) in order to finance various projects including a major renewable energy project.
India has sanctioned plans to implement 10 ‘Solar Zones’ each consisting of at least 10,000 hectares of land to encourage solar PV project developers, manufacturers and investors to help achieve the country’s massive 100GW by 2022 solar targets.
US-based residential PV provider Vivint Solar and financing firm Renovate America are partnering on a scheme to help US homeowners get access to rooftop solar.
Conservative groups and power industry bodies have made fresh calls to hinder Australia’s Renewable Energy Target (RET) in the wake of the federal election.
India is expected to approve a doubling of its solar parks policy to reach 40GW capacity by 2020 in the next two months, according to key figure at the Ministry of New and Renewable Energy (MNRE).
