juwi Shizen bags EPC order for 42MW Japan solar plant, Financiers plan renewables for 9,300 Solomon Islanders, World Bank to provide US$250 million loan for electricity distribution sector reforms in Rajasthan, India.
As an investor from a matured solar market in the West looking at India, Jonathan Selwyn, chairman of the UK retail investor-backed Downing Indian Solar EIS, discusses the experience of investing in Indian solar.
The Solar Energy Corporation of India (SECI) has tendered another 3GW of inter-state transmission system (ISTS)-connected solar projects to be set up anywhere in India, adding to the 2GW of similar projects tendered in January.
Ministry of New and Renewable Energy (MNRE) plans INR234.5 billion in financial support for Discoms to drive rooftop solar, The Indian government has taken remedial action on its solar import trouble at ports.
Rooftop PV is the fastest growing renewable energy sub-segment in India, with individual system sizes increasing and the C&I sector maturing, but a new report by Bloomberg New Energy Finance (BNEF) predicts that India will still only reach 9.5GW out of its 40GW target by 2022.
With the world’s first solar-powered airport, as well as India’s first solar education centre and floating PV projects, the state of Kerala has been a frontrunner in innovation and now its industry has an eye on a hugely ambitious rooftop solar goal - KREEPA Green Power Expo 2017.
After two years of tumbling solar tariffs hitting the headlines, the Indian industry is feeling the consequences of its risk-taking for the first time, with a series of reversing market conditions and contract renegotiations sparking serious concern.
Indian states are slowly adopting new forecasting rules that will force solar energy plant operators and Regional load dispatch centres (RLDCs) to provide more frequent and accurate projections of energy production or face penalties.
India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.