Data from the Central Electricity Authority shows that electricity from solar jumped 81% year-over-year in fiscal year 2016-17 to reach ~13.5 billion units, reports Mercom Capital Group.
One of the top 10 coal-fired power generators in the world, Indian energy conglomerate NTPC is today leading the charge in the country’s energy market transformation, finds report.
The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.
Government officials from the state of Uttar Pradesh have met with Ministry of New and Renewable Energy representatives to discuss development opportunity in Rajasthan, eyeing October 2018 commissioning date.
The 18% Goods and Services Tax rate for solar cells and modules could pose significant threat to around 10 GW of ongoing utility-scale solar projects, says Bridge to India.
African Development Bank President Akinwumi Adesina tells the media ahead of the bank’s Annual Meetings forum that Africa-India bilateral trade will reach $100bn by 2018, with solar power playing a prominent role in closer cooperation and boosting economic opportunities.
The Asian Development Bank has raised INR 3 billion ($46.19 million) through the issuance of rupee-linked green bonds to back the development of 709 MW of solar and wind capacity in six states in India.
The move by the Haryana government seen as clear support of solar industry, designed to lower the financial barriers for renewable energy in the Northern Indian state.