Concrete action in the Indian solar sector this year has countered scepticism over the 266GW of clean energy pledges made earlier this year, according to a new report.
Indian prime minister and French president Francois Hollande will jointly launch the International Solar Alliance (ISA) at the COP21 climate conference in Paris today.
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.