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India included 521MW of roof solar in Q2 2021, an increase of 517% compared to the 85MW added in the exact same quarter last year despite a slight boost in prices, according to a Mercom India report. The analyst and also consultancy company is forecasting the very best year for India's rooftop solar market given that 2018.

The 13.5 MW project will provide solar energy to Orient Cement's production facility in Maharashtra from Amp's open gain access to facility in Gurgaon village, district Osmanabad in the state. Orient Cement has actually signed a Power Purchase Agreement (PPA) with Amp Energy India for the purchase of solar power for 25 years.

Indian solar importers will no longer be permitted to postpone payment of the nation's standard customs task (BCD) following a new order from tax obligation authorities.

The company has actually been issued a Letter of Intent (LoI) by the Uttar Pradesh New as well as Renewable Energy Development Agency (UPNEDA). SJVN will certainly construct 75 MW grid attached solar energy project at Gurhah, in Jalaun District, as well as 50 MW grid-connected solar power project at Gujrai, in Kanpur Dehat District, in UP.

Skoda India has announced the installation of its 8.5 MW rooftop solar plant at the company’s Chakan facility near Pune.

OMERS Infrastructure has actually tattooed a contract with International Finance Corporation and IFC GIF Investment Company I to make the purchase.

Azure Power and Tata Power were amongst the champions in a reverse auction for 1.2 GW of solar projects under India's ISTS programme which saw winning tariffs of INR2.43/ kWh (US$ 0.0324).

Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.

Zelestra secures a landmark 25-year PPA in India, powering up its solar ambitions with 1.5 GW in contracts and a vision for over 6 GW by 2026!

Sovereign wealth fund of Qatar has acquired a 25.1-percent % stake in Mumbai’s unit of Adani Electricity for 450m USD. This purchase is meant to support Adani’s targeted 30-percent power generation from green sources by 2023.

Out of 14 GW solar addition in 2022, rooftop solar made up simply 1.9 GW in India In China rooftop solar made up 55 GW out of 87 GW of complete solar capacity addition in the exact same year

Regardless of the present financial closure because of the COVID-19 pandemic, the international renewable resource change is well in progress and also it is pertaining to Asia

BP has actually invested US$ 70 million in an environment-friendly growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar company Lightsource BP.

The Haryana-based designer will spend Rs 1500-2000 crore in establishing the solar cell and also module manufacturing facility, which will at first have a production ability of 2 GW per year.

Sembcorp Green Infra secures 150-MW solar and 300-MWh battery project from SJVN, its second hybrid award in India, boosting renewables portfolio to 6.3 GW.