Modi government propelled India’s renewables growth: CEO survey
In a recent survey, an overwhelming 73% of respondents said they remain upbeat about India’s renewable growth prospects, despite recent policy reversals and various other operational challenges the industry faces.
Only two bidders for 1 GW solar tender in Gujarat
The procurement – for PV capacity at the Dholera Solar Park – attracted bids for just 300 MW as developers shunned a tariff ceiling of $0.039/kWh.
Indian engineering giant Bharat Heavy Electricals to work on e-mobility
Government-owned Bharat Heavy Electricals and the Automotive Research Association of India will combine their respective strengths in technology development and testing and certification to work on electric and trolley buses, EV chargers and battery and charger testing.
Indian developer Azure Power commissions 150 MW project at the Bhadla Solar Park
The independent power producer now has 1.6 GW of operational solar assets. Other recently commissioned Azure projects include the final phase of a 260 MW solar project in Gujarat and a 100 MW facility in Karnataka.
World Bank to support efficient, clean cooling in developing countries
By 2050, energy use for cooling is projected to triple, according to the World Bank. And by 2050, demand for cooling in countries such as India, China, Brazil and Indonesia will grow fivefold, putting pressure on already strained energy systems and hampering efforts to curb climate change.
The prospects for solar after the Indian elections
Narendra Modi’s BJP party is seeking re-election with the aim of ensuring the electrification of all railways by 2022 and turning renewable energy into a popular movement with steps including an emphasis on solar farming. Even if the elections spring a surprise, however, the renewable momentum is unlikely to slow as no government can afford to roll back the clean power tide.
App mobility service to add 300 e-buses in India by 2020 as utility pledges to go all-electric by 2030
Mobility company Shuttl will also set up more than 50 EV charging points in prime locations and state-run power distributor BSES Rajdhani Power Limited will invest in testing facilities to support stabilizing the grid for EV charging, as well as pilot schemes on effectively integrating renewable electricity into its network.
Indian vice president calls for Asian countries to lead on clean technology
Asia is home to more than 60% of the world’s population, about half of whom live in cities and towns. With climate change being largely driven by urban centers, Vice President Naidu called upon governments across the continent to build climate resilient communities.
India’s solar sector will outperform globally despite near-term challenges, says Fitch Solutions
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
Developer Avaada raises $145m to fund 2.4 GW of Asian and African solar
Indian developer Avaada Energy has raised the funds from the Asian Development Bank and European development institutions. The PV business will finance 2.4 GW of the 5 GW of solar capacity it hopes to secure over the next two years.
