Bloomberg New Energy Finance has produced a new report which indicates the Indian government will need to invest around $23bn over the next five years if it is to achieve its target of 40 GW in rooftop solar photovoltaics.
Tata Power Solar, India’s largest integrated solar company, sets another landmark by commissioning an unprecedented rooftop project in India – a solar carport on the rooftop of the sprawling 70,000 sq.mtr Unity One mall, a Unity Group endeavor in Rohini.
Tata Power Solar has commissioned India’s first rooftop solar car port at Unity One mall in Rohini, in association with Delhi Metro Rail Corporation (DMRC), to offer provide 300KW of solar electricity.
Clean energy companies are increasingly looking abroad to expand business and diversify risks even as some state utilities in the country are now backing out of contracts, threatening the viability of a number of renewable power plants.
State Bank of India (BOM:500112), or SBI, on Monday announced it will extend INR 23.17 billion (USD 357m/EUR 307m) in financing 575 MW of grid-connected rooftop solar projects.
Indian firms Azure Power (NYSE:AZRE) and Fourth Partner Energy have secured contracts to install 30 MW of rooftop solar power facilities for Indian Railways.
Taking part in promoting solar power in the state, National Centre for Antarctica and Ocean Research (NCAOR), Mormugao Port Trust (MPT) and Oil and Natural Gas Corporation (ONCG) have decided to set up rooftop solar plants in Goa
The first six months of the current year saw more capacity addition in the solar sector than the whole year of 2016.
India has added 13,652 MW of solar generation capacity as at the end of July, with seven states including Andhra Pradesh, Gujarat and Karnataka crossing 1,000 MW mark, Union power minister Piyush Goyal told parliament on Thursday.
India might be playing a leadership role in bringing the world together for the International Solar Alliance, but it is struggling with the adoption of solar rooftops in its metro cities, a recent study has shown
The government is unlikely to meet its much-publicised target of 175 GW of renewable energy by 2022 due to the poor progress of the rooftop solar programme