Many solar developers who were allocated capacity in the Indian state of Telangana’s 2GW solar auction are facing severe delays in the signing of agreements with the state’s government.
India’s central government aims to introduce a US$1 billion private equity fund dedicated to the renewable energy sector, according to India’s energy minister Piyush Goyal.
India as a nation is set to contribute more than any other country to the rise in global energy demand over the next 25 years to meet rising incomes and population, however, its energy demand per capita will still be 40% lower than the global average, according to a report from the International Energy Agency (IEA).
India-based module manufacturer HHV Solar Technologies, a wholly-owned subsidiary of renewable energy firm Swelect Energy, has ramped up its crystalline solar PV manufacturing line in Dabaspet, Bangalore, from 40MW to 100MW.
Indian industrial conglomerate Reliance Group has signed a memorandum of understanding (MoU) with the Rajasthan government to develop 6GW of solar PV parks and projects in the Indian state.
India’s Ministry of New and Renewable Energy (MNRE) has written to state governments instructing them to set up new 'solar zones' to encourage private sector development of large-scale PV projects.
India’s Ministry of New and Renewable Energy (MNRE) is about to send a revision of the Renewable Purchase Obligation (RPO) to the country’s Union Cabinet for approval.
Trina Solar, part of PV Tech’s ‘silicon module super league’, has signed a provisional agreement to build a new PV manufacturing plant in the Indian state of Andhra Pradesh.
Solar prices in India could be substantially lower than coal by 2020, helping the technology become a major part of the country’s energy mix, according to a report by international consultancy firm KPMG.
