India’s installed cell and module manufacturing capacity has reached 1,468MW and 5,848MW respectively as of 30 June 2016, according to figures released by the Ministry of New and Renewable Energy (MNRE).
Despite multi-Gigawatt solar plans, the ability of India’s public sector to compete in the PV market has been called into question by analyst firm Bridge to India.
India’s Ministry of Power has confirmed previously announced plans to waive inter-state transmission charges and losses for both wind and solar projects won through competitive bidding.
Indian minister for energy and mines Piyush Goyal has said that distribution companies (Discoms) failing to implement the priority status for renewbale energy plants is hampering the industry.
Indian solar power producer Azure Power announced Tuesday that it has agreed to a long-term, low-cost debt financing facility of US$20 million with the US government’s finance organisation — the Overseas Private Investment Corporation (OPIC).
A 10MW PV installation has been commissioned on the Teesta canal bank of West Bengal as part of the governments’ scheme for canal-top and canal-bank projects. This project is the first canal-bank project to be commissioned under the new measure.
CleanFund provides US$10 million in PACE financing for a 5MW Cali project, India's Hero Future Energies commissions a 1MW rooftop solar project in Delhi and GameChange Solar deploys ground mount systems in Massachusetts landfills.
