India has installed total 1,861 MW rooftop PV as of September 2017 as the state of Maharashtra overtakes Tamil Nadu to become largest for rooftop solar, as per latest report by Bridge to India. Analysts have revised India’s rooftop projection to 10.8 GW by 2021.
Four more countries have ratified the International Solar Alliance (ISA) framework agreement, taking the total number to 19. On Wednesday December 6, the ISA will be established as a legal international intergovernmental body.
The Indian government has unveiled a roadmap for achieving its 2022 renewable energy goals. It has also announced plans for a 20 GW auction to boost domestic RE manufacturing.
The anti-dumping hearing was scheduled to be held on November 30. It has, however, been postponed to December 12, 2017. The India Solar Manufacturers Association (ISMA) still expects a result in its favor.
Record growth continues as India installed 2,247 MW of solar projects in Q3 2017, up 15% from Q2 2017. The total installation at the end of 2017 is expected to range from 9.5 GW to 10 GW. The 7 GW solar installation in first nine months covered more than one-third of total new power capacity addition in 2017.
CPI has summarized the present rooftop sector of India, its economics, and the financial facilities to the industry from government and banks. The analyst and advisory firm has presented the solutions for the current financial obstacles to the growth of rooftop solar. The team has presented two Indo-U.S. collaborative initiatives, USICEF and USICFP, with which these solutions can be implemented.
India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.
Massachusetts Institute of Technology’s (MIT) study of solar pump technology used in India assesses technical performance and explores innovative business cases to increase user adoption. The study also helps farmers to choose the right size of the pump according to their requirement or size of fields.
Panel consisting of government officials and industrialists organized discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ at the India pavilion at COP23 in Bonn. The government remains ambitious to meet its target and to follow sustainable development.
Under proposed ‘rent a roof’ policy, solar developers will rent rooftop space to install a PV array and offer to lease to each household and then feed the solar power to the grid, said MNRE Secretary Anand Kumar.
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