At least 13.7GW of planned coal-fired power plants have been cancelled in India this month, while solar prices have tumbled to new lows, showing that India’s energy transformation is in full swing, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
The Indian city of Varanasi, famed for its burning ghats along the banks of the River Ganges, has the potential for 676MW of rooftop solar installations by using just 8.3% of available roof space, according to a report from the Centre for Environment and Energy Development (CEED).
After announcements that India will hit solar cells and modules with an 18% tax under the new Goods and Services Tax (GST) Bill, some confusion has arisen about what level the tax will actually be set at.
The International Solar Alliance (ISA) is starting to make tangible progress after several countries agreed to support commissioning of a study on a common risk mitigation mechanism (CRMM) for PV generation.
China and India have surpassed the United States as the most attractive countries for investment in renewable energy projects following a marked shift in policy by President Trump, according to global consultancy EY.