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India’s solar PV installations to fall by 23 per cent in 2020: IEA

By : Sustainability ..., May 22, 2020

India’s solar photovoltaic (PV) deployment is set to decrease by 23 per cent in 2020 as compared to 2019, with the largest drop anticipated in distributed PV installations, according to a latest report by the International Energy Agency. It, however, added that a rebound was...

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India installed 7.3 GW of solar power in 2019: Report

By : Sustainability ..., Apr 30, 2020

India installed 7.3 gigawatt (GW) of solar power across the country in 2019 (CY19), consolidating its position as the third-largest solar market in the world, according to a recent study. The report added that the country also had a robust pipeline of utility-scale under-...

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Clean energy: Gujarat, Rajasthan shine in FY20 while Karnataka retains top slot

By : Sustainability ..., Apr 29, 2020

Amid headwinds faced by the renewable energy sector in FY20, Gujarat and Rajasthan managed to add more capacities than others, while Karnataka retained its Number One position in total installed capacity. Gujarat’s total renewable capacity crossed the 10,000 MW mark in FY20,...

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Shapoorji Pallonji Inks Pact with KKR to Sell 5 Solar Assets for about $204 Mn

By : Sustainability ..., Apr 28, 2020

Shapoorji Pallonji Group’s infrastructure development arm, Shapoorji Pallonji Infrastructure Capital (SP Infra) has entered into the definitive sale agreements with KKR, a global investment firm, for its 5 operational solar energy plants with a capacity of 317 MWp in...

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India installed 2,308 MW of solar capacity in Q4 2019: Report

By : Sustainability ..., Feb 21, 2020

India installed 2,308 megawatt (MW) of solar capacity and 817 MW wind projects in the fourth quarter (Q4) of 2019, according to a recent report by research firm JMK Research and Analytics. It added that the quarter saw a significant increase in installed capacity across wind...

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Bank of America lends over Rs 350 cr to Solar firm Fourth Partner Energy

By : Sustainability ..., Dec 17, 2019

Bank of America on Monday said it has extended a loan of Rs 356.5 crore to domestic solar player Fourth Partner Energy. This is the first transaction done by the lender in the country, wherein it has extended a local currency credit facility, an official statement said....

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India leads power industry tenders in Asia-Pacific for September 2019

By : Sustainability ..., Oct 23, 2019

Asia-Pacific power industry tender activity in September 2019 saw 425 tenders announced, marking a drop of 31% over the last 12-month average of 620, according to GlobalData’s power database. India, however, led the activity in September 2019 with 254 tenders and a share of...

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Haryana: Government buildings to have rooftop solar power plants

By : Sustainability ..., Jul 22, 2019

The new and renewable energy department of Gurugram has asked all heads of departments to send data of government buildings under their jurisdiction for setting up solar power plants on rooftops...

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