Tata Power is India’s largest integrated power utility, and it is putting more of its weight behind solar now — rooftop solar, no less. It is running a nationwide ad campaign — in both digital and print media — title SOLAROOF. The campaign is not just for residential buyers, but … [continued]
To ensure only quality equipment is used at solar power projects and, possibly, provide some protection to domestic manufacturers from a flood of Chinese solar modules, Indian governments have released a list of module models it will allow being installed at new power plants. The Ministry of New and Renewable … [continued]
One of India’s largest renewable energy companies has completed a fundraising exercise through the issuance of green bonds. Greenko Energy Holdings has announced that it has raised $940 million through the green bond issue priced at 3.85%. The bond was rated “Ba1” by Moody’s Investors Service. Demand for the bond … [continued]
The Indian state of Gujarat has awarded 500-megawatts of solar power in the first auction after the announcement of new import duties on solar modules. Gujarat Urja Vikas Nigam Limited issued a 500-megawatt solar power tender in January. The capacity was awarded to five companies. NTPC was awarded 150 megawatts, … [continued]
To further protect the interest of domestic module manufacturing companies, the Indian government has imposed fresh import duties on solar cells and modules. The Minister of New and Renewable Energy recently announced the imposition of a basic customs duty on solar cells and modules. Solar cells imported into India will … [continued]
India-based renewable energy project developer Greenko Energy Holdings has announced a new venture in the pumped hydro storage segment. According to media reports, Greenko plans to invest US$4.3 billion to set up a solar-wind hybrid project supported by pumped hydro storage in the northern state of Rajasthan. The project is … [continued]
Continuing its aggressive growth, one of India’s leading renewable energy companies — Adani Green Energy — has plans to acquire two large-scale solar power projects. According to media reports, Adani Green Energy is looking to acquire a 250-megawatt solar power project from another Indian private renewable energy developer. The project … [continued]
The World Bank has offered a new assistance package for the development of rooftop solar power projects in India. According to media reports, the World Bank will offer $648 million in funding assistance for the installation of rooftop solar power projects in the small and medium scale company segment. This … [continued]
Indian utilities have announced the launch of a third pilot project for peer-to-peer trading of solar power based on blockchain technology. Tata Power Delhi announced that it will collaborate with Australia-based Power Ledger to launch a pilot project where prosumers can trade solar power with neighbouring buildings. The pilot will … [continued]
Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments ReNew Power Proposes $570 Million Investment In Solar … [continued]
