India's Solar Energy

Renewable energy company Avaada Energy on Friday said it has bagged a 421 MW solar project from Damodar Valley Corporation (DVC). The project was awarded through a competitive bidding followed by an e-reverse auction in which Avaada emerged as the winner with a quoted tariff of Rs 2.70/kWh. In a statement, Avaada said "it has won the 421 MW (DC) ISTS-connected Solar PV bid in an auction conducted by REC Power Development and Consultancy Ltd (RECPDCL) on behalf of DVC." As per bid terms, a power purchase agreement will be inked between the two entities for 25 years, and the project will be commissioned within 18 months. The plant is expected to generate about 750 million units green energy annually which will reduce 6,98,250 tonne CO2 equivalent emissions. The solar project can potentially power 5 lakh households. "India is one of the fastest-growing markets for renewable energy globally. With ambitious targets and commitments to a green future, we are confident that massive ...

The investment buzz for the transition has begun but policy frameworks still lag the process

There is a 925-Mw park and a 750-Mw park in Jaisalmer district

The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network

The state-run Solar Energy Corp. of India is seeking bids from solar manufacturers for 195 billion rupees of financial incentives, according to documents published on the agency's website

Last week the lender tied up its second Euro 150 million funding with German govt-owned KFW as part of solar partnership with India

In a Q&A, Dr Ajay Mathur talks about the Alliance's current agenda, and financing and capacity building plans across green sectors

Overall, only a third of India's residential rooftop solar capacity has been installed

Residents of India's first solar-powered village hope for reduced bills, iconic Sun Temple gets light show boost

According to data from the ministry of power, India has installed wind and solar capacities of 41.205 GW and 59.303 GW, respectively

The increasing need for cost savings and growing awareness among residential consumers, along with a strong push by the Central government, is helping accelerate the pace of rooftop solar installations in India's residential segment, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics said on Thursday.

The Uttar Pradesh government has decided to develop solar rooftop projects on government and semi-government buildings and offices in the state as part of its new renewable energy initiative

The agency analyses the factors that can reduce the levelised cost of energy over the next few years.

Storage to be open access for any consumer to use, can own and invest in green energy projects

Import duties on modules and cells from April 1 will add to the regulations and legacy issues confronting solar power developers

None of the parties discussed environmental issues in any detail in their manifestos in the five states that went to polls this year

Solar energy comprised 92 per cent of the total RE capacity added during the quarter, driven partly by a 142 per cent rise in installations of rooftop solar to 700 megawatts (MW)

Antonio Guterres said he has been in close contact with the US, the UK to ensure there are strong efforts to support India in its attempt to achieve 450 gigawatts of solar energy installed capacity

Growth in solar energy is critical this year as half of India's 135 coal-fired power plants have fuel stocks of less than three days

Inconsistent regulatory policies, high costs, patchy implementation of subsidy scheme and lack of awareness are some of the hurdles