India’s ambitious national solar program has catalyzed rapid growth in the solar market, driving prices for solar energy to impressive lows and demonstrating how government policy can stimulate clean energy markets […]
The Asian Development Bank (ADB) will lend India’s Reliance Power $103 million to help finance a 100-MW concentrating solar power (CSP) plant that is to be built adjacent to the 40-MW Dahanu solar photovoltaic (PV) farm in Rajasthan. Reliance’s Rajasthan CSP project is ADB’s first CSP financing, as well as one of India’s largest solar power projects.
Just 14 months ago, the Indian state of Gujarat announced that it was building a $2.3-billion solar park — the largest photovoltaic power station the world has seen so far. Narendra Modi, Chief Minister of Gujarat, revealed this Thursday via Twitter that the solar park had been switched on: “Gujarat dedicates … [continued]
According to Bridge to India’s latest quarterly market analysis, The India Solar Compass, 2GW of solar power could be installed in conjunction with telecom towers in India by 2016. According to Bridge to India, “this segment is emerging as a front-runner among diesel-parity based market segments for solar PV … [continued]
Top solar energy news from around the interwebs (other than what we’ve covered): 1. SunEdison has announced the completion of a €155-million non-recourse debt financing arrangement with IFC, a member of the World Bank Group, Overseas Private Investment Corporation (OPIC) and UniCredit Group for SunEdison’s 60.4-MWp solar power plant in Bulgaria. “SunEdison expects to … [continued]
India’s looking to further boost its economy with clean energy subsidies and tax breaks, its latest budget indicates. Later this year, the nation is expected to launch its 12th five-year plan. Under this plan, solar equipment and other clean energy technologies would find themselves exempt from taxes as the … [continued]
Here’s a fun solar company we haven’t written about yet — Mera Gao Power. Mera Gao Power builds and operates solar-powered micro grids in the Indian state of Uttar Pradesh, one of India’s poorest. The result? Indian households get low-cost lighting and mobile phone charging, many of them for the first … [continued]
I received a news release from Bridge to India, a solar market analysis and consulting firm, the other day that reports a “lowest ever bid in the Indian solar market.” The bid was for 25 MW worth of solar projects in Odisha, India and the record bid was for “INR7 … [continued]
For those eager to overlook words, note the important word “growth” at the end of the title above—India didn’t crush the world in cleantech investment in 2011 (as you know if you’re a regular reader here on CleanTechnica) but a recent report by Bloomberg New Energy Finance (BNEF) shows that … [continued]
For the Asia Pacific region, 2011 was a good year for photovoltaic installations and growth, with the region as a whole growing the photovoltaic market by 165% year over year, with an additional 40% expected to be added in 2012. These figures—and the many more to follow—are courtesy of the … [continued]
