India’s largest mass rapid transit system has announced plans to significantly increase power procurement from solar power projects. Delhi Metro has announced that it will increase share of solar power in its total power procurement to 50% by 2031. At present, Delhi Metro Rail Corporation (DMRC) sources 34% of its … [continued]
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.
Indian Prime Minister Narendra Modi has formally inaugurated the country’s ultra mega Rewa solar park, a 750 megawatt capacity plant situated in the state of Madhya Pradesh, on the 10th of July 2020. The Prime Minster inaugurated the solar park via video conferencing and dedicated the plant to the nation.
In yet another attempt to boost the mix of renewable energy in its energy mix, the Indian Railways has issued its first tender to implement solar-wind hybrid projects.
DMRC has become the first metro project in India to source power from amwaste-based power plant. The project also sources power from a large-scale solar power project located in the state of Madhya Pradesh
One of India’s leading solar power project developers, Acme Solar, has significantly reduced the size of its Initial Public Offering.
Mahindra Renewables has announced that it achieved financial closure for a project it was awarded at the Rewa solar power park.
Indian Railways will soon launch tenders to set up large-scale solar power projects working towards its overall solar power target of 5 gigawatts.
Seeing the rapid decline in solar power tariffs and incentives from the government for inter-state transmission of solar power, Indian Railways is reportedly moving forward with a massive solar power park.
The World Bank recently gave its final approval to a $100 million loan for two large-scale solar power parks in India.
