A year-and-a-half ago, India led from the front at the Conference of Parties (COP 21) by making a commitment to install 100 GW of solar power capacity by 2022.
India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power plants.
China and India overtake US at top of renewable energy attractiveness index
India has moved up to the second spot this year, from the third spot for the last two years, in this year’s ‘Renewable energy country attractiveness index’, said a report released by EY globally.
The government will come out with policy directive on quality of modules by the end of this month and will eventually cover the entire solar value chain, including wafers and poly silicon
City-based Hartek Group today announced the launch of a separate business vertical — Hartek Solar — to tap opportunities arising in the solar space.
“We are very excited to partner with SUN Group and to leverage its local business knowledge and the Group’s overall operating experience spanning over 100 years” said Mr Hidetake Takahashi, Senior Managing Director of ORIX.
SUN Group (“SUN”), a leading principal investor in emerging markets announced on Tuesday a joint venture partnership for its distributed generation (“DG”) – focused solar business, SUN Renewables, with ORIX Corporation (“ORIX”), one of the largest Japanese financial services groups and the largest solar developer in Japan.
Progress On Renewable Energy, LED Bulbs and Rural Housing Gets A Pat From PM Modi At The Review Of Key Infrastructure Sectors
The Prime Minister called for establishment of some model solar cities, where the power requirement is fulfilled solely by solar energy. A similar effort, he said can be made to make certain localities kerosene-free.
Prime Minister, Narendra Modi on Monday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors in the last week of April, lasted for about three hours, and was attended by top officials from PMO, NITI Aayog and all infrastructure Ministries of the Government of India.
Buoyed by the bidding success of Rewa Ultra Mega Solar, the Union government wants state governments to offer guarantees to grid connected wind and solar projects.
The worlds largest solar power park — the Kurnool Ultra Mega Solar Park — with an installed capacity of 1000 MW will be ready by end of May near Kurnool in Andhra Pradesh.
Solar installations in India is expected to reach approximately 10 GW as it becomes one of the most important solar markets in the world, after China and the United States, Mercom India has forecast.