Indian minister for energy and mines Piyush Goyal has said that the whole world laughed at India when it announced its plans to reach 100GW of solar power by 2022. Azure Power progresses on 14MW rooftop for Delhi Metro. Fonroche divests from India to focus on Latin America.
The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
The top 10 states in India have accounted for 90% of the country's solar pipeline and installations, according to a report from Mercom Capital Group. India has installed over 9GW of large-scale solar capacity and boasts a PV pipeline of 14GW as of December 2016, the consultancy said.
More than 16,000 Indian households across 800 remote villages will be given a solar panel, with an eight-hour battery storage backup, according to the Indian minister for power, coal, new and renewable energy and mines, Piyush Goyal.
Solar development in India is being held back by delays in preparing the 20GW of solar park capacity planned by the central government, according to consultancy firm Mercom Capital Group.
Renewable energy firm Amaranto Group has signed a 50:50 joint venture agreement with Mumbai-based solar developer CPEC Ananta to build 200MW of solar PV projects in various Indian states over the next three to four years.
Ecoppia, PV panel cleaning solutions developer, announced Wednesday that it has reached an agreement with Solairedirect India, subsidiary of energy multinational ENGIE Group, to provide its automated systems within the Bhadla Solar Park in India.
NLC tendering for 500MW(ac) in Tamil Nadu, Off-grid solar power for 1,000 villages in Arunachal Pradesh, Tamil Nadu 500MW utility-scale tender avoided.
