india

January 19, 2016
India’s fiercely competitive solar auctions have driven bids down to another surprise low with Finland-based developer Fortum Finnsurya Energy winning 70MW capacity in Rajasthan at a price of INR4.34/kWh (US$0.064), which is a drop of more than a 6% from the previous Indian record of INR4.63/kWh.
January 15, 2016
A consortium between India-based integrated utility and solar developer Essel Infra and China-based PV material manufacturer Golden Concord Holdings (GCL) has signed a memorandum of Understanding (MoU) with the Andhra Pradesh government to invest US$2 billion in developing 5GW of module manufacturing capacity by 2020 in the Indian state.
January 15, 2016
India crossed the 5GW mark for installed solar capacity this week, according to the latest figures from the Ministry of New and Renewable Energy (MNRE).
January 15, 2016
Pune-headquartered wind turbine manufacturer Suzlon is to build 210MW of solar energy capacity in the Indian state of Telangana.
January 13, 2016
India’s Ministry of New and Renewable Energy (MNRE) has put in a request with the Department of Revenue for renewable energy to be exempted from some effects of the Goods and Services Tax (GST) bill, should it be passed in parliament, MNRE joint secretary Tarun Kapoor has confirmed to PV Tech.
January 8, 2016
State-owned firm the Indian Renewable Energy Development Agency (IREDA) is to issue INR17.2 billion (US$257 million) in tax-free bonds from today for the financing of renewable energy projects in the financial year 2015/16.
January 8, 2016
The Solar Energy Corporation of India (SECI) has signed an MoU with the Delhi Metro Rail Corporation (DMRC) to work together on developing an initial 500MW capacity of off-site solar projects over three years.
January 7, 2016
Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.
January 6, 2016
PV component and module manufacturer RenewSys India (RIPL) has ordered a 100MW solar cell line from unnamed European manufacturers in order to expand its own manufacturing facility in Hyderabad.
January 6, 2016
India-based EPC company and solar developer Rays Power Infra will perform EPC services for 80MW from the solar tender of Indian state Uttarakhand.

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