India’s impressive solar achievements in 2017
2017 was a busy year for India’s solar industry. As of the end of November, the country had installed around 5.5 GW of PV. With its ambitious renewable energy goals, it is paving the way to becoming a world leader in the industry. Overall, the country saw a rapid increase in renewable energy activity, with solar dominating almost 48% share of total capacity installed.
Tamil Nadu location for 130 MW NLC India solar plant
The thermal energy giant of India has commissioned a 130 MW solar plant in the state of Tamil Nadu, comprised of two, 65 MW blocks across 655 acres.
Indian gas utility connects country’s second-largest rooftop solar plant
GAIL, which is a state-owned provider of gas, commissioned a 5.76 MW rooftop PV array at its Pata petrochemicals plant in Uttar Pradesh at the end of 2017.
India: ReNew Power mulls purchase of Waaree Energies solar portfolio – reports
ReNew Power Ventures, which is backed by Goldman Sachs, is exploring an opportunity to acquire the solar assets of Waaree Energies ahead of a planned IPO, reports Mint.
India mulls solar cell import duty after petition by five local manufacturers
Five Indian solar firms have filed an application for the imposition of import duties on solar cells with the Directorate General of Safeguards in a move designed to boost domestic manufacturing and protect local interests.
India drafts $1.7bn solar PV manufacturing scheme
India invites suggestions and feedback for its new solar PV manufacturing scheme, which aims to ramp up domestic manufacturing capacity of modules, cells, wafers and ingots, and polysilicon. The scheme is expected to be implemented at the beginning of 2018.
EIB partners with YES Bank to offer $400m funding boost to Indian renewables
Both the European Investment Bank and India’s YES Bank will provide $200 million investment to co-finance a series of solar and wind power projects across India.
India’s DISCOMs to manage nationwide rooftop PV deployment under new $3.6bn MNRE scheme
The Ministry of New and Renewable Energy will make available $3.6 billion to distribution companies in India to boost their deployment of rooftop solar PV projects under Phase-II of the National Solar Mission.
India’s SECI to roll out 10 GW floating solar tender
The Solar Energy Corporation of India will invite expressions of interest (EOI) from developers eager to build, own and operate floating PV installations at selected sites across the country.
Fortum connects 100 MW PV plant in India
A 100 MW solar park in Tumkur District, Karnataka has been connected to the regional grid, reports project owner Fortum. The project is Fortum’s fourth project to be connected in India, and its largest so far, more than doubling its total capacity to 185 MW.
