SUBSCRIBE NEWS LETTER

renewable energy investment

Global Solar Installations to Grow 27% to Reach 181 GW in 2021: IHS

According to a report by IHS Markit, the new global solar photovoltaic (PV) installations are expected to grow by 27 percent this year to a record 181 gigawatts (GW), led by China, the United States, and India. However, new solar PV installations were at 142 GW in the year 2020. Although this year the prices […]

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Unsustainable. 128 Non-functional Solar Plants in J&K due to Callous Attitude

In a scathing indictment of the way taxpayer money is allowed to be wasted, including in renewable energy, the Comptroller and Auditor General (CAG) has highlighted the shocking state of 128 solar plants in J&K (Jammu and Kashmir). Set up at police establishments, these plants have been non-functional since 2014 due to non-settlement of payment […]

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Maharashtra Seamless Goes Green With 21 MW Solar Plant from Waaree

Waaree Energies, India’s largest solar module manufacturer and a leader in the EPC segment, has announced the commissioning of 21 MWp ground-mounted solar project in Solapur, Maharashtra. The open access project was executed for Maharashtra Seamless Ltd for captive consumption. This plant is developed to help MSL achieve its endeavor to go carbon neutral. Developed […]

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Engie Closes Deal With Edelweiss Yield Plus For India Solar Assets

In one of the largest renewable energy deals during the past year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund by Edelweiss Alternative Asset Advisors, announced yesterday that it has acquired a 74 per cent stake in French energy major Engie Group’s solar portfolio in India. The investment from the fund will free up Engie to […]

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JICA Signs Loan Agreement for JPY 10 billion with TCCL for Climate Change Management Project in India

Japan International Cooperation Agency (JICA) signed a Loan Agreement for a maximum amount of JPY 10 billion with Indian Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the […]

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The BCD Calculus: Will It Deliver The Right Outcomes?

As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […]

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RERC Yields to Objections, Extends Net-Metering Benefits Till June 30

RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […]

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ABB Crosses 5 GW Milestone for Providing Solar Plant Automation Solutions in India

ABB has reached the cumulative 5GW mark in providing Programmable Logic Controller-based solar plant automation solutions in India. ABB has reached the cumulative 5-gigawatt (5GW) mark in providing Programmable Logic Controller based (PLC) solar plant automation solutions in India. The firm stated that this milestone is an outcome of many significant solar power projects that […]

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