India reached 1,396MW of rooftop solar deployment at the end of March, with nearly half (678MW) of this installed just in the fiscal year 2016-17, according to the latest ‘India Solar Rooftop Map’ from Bridge to India.
Not-for-profit research firm The Energy and Resources Institute (TERI) has collaborated with a Delhi distribution company BSES Rajdhani Power Limited (BRPL) to investigate technical challenges and solutions for renewable energy grid integration.
Indian rooftop PV specialist CleanMax Solar has secured equity financing of up to US$100 million from an affiliate of global private equity firm Warburg Pincus, in order to continue growth in the rooftop and open access solar power markets in India, as well as the Middle East and Southeast Asia.
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.
Sharp Corporation, through its Thailand subsidiary company Sharp Solar Solution Asia, has signed off on an agreement to develop rooftop PV projects for Big C, one of Thailand’s largest hypermarket retailers, through Impact Solar.