Why rooftop solar failed to find its legs in India
Poor and piecemeal implementation of net metering policies is a major roadblock for the uptake of rooftop solar system in India, according to a new report by Asian Development Bank.
India to finance 100 MW Bangladeshi solar plant
The federal government will provide $131 million of soft loans for a $177 million, 100 MW solar park near the Jamuna river in Bangladesh’s Jamalpur district, where a second park of a similar size is being planned by Dhaka and a Chinese partner.
India’s state utility tenders 1 GW of solar capacity, private company tenders for module partners
Developers have until May 27 to submit bids for state-run power producer NTPC’s projects anywhere in India. In a separate development, company BHEL has issued a global tender seeking module supply partners for an aggregate 750 MW of panels.
Indian firm acquires American hydrogen cylinder maker in bid to further market domination
New Delhi-headquartered Uttam Group of Companies has purchased California-based Catalina Composites as it positions itself for a surge in demand for clean energy solutions, including hydrogen. The company will invest at least $20 million in staff, equipment, and research and development of high-pressure cylinder production for hydrogen and compressed natural gas.
India closing in on 7 GW of rooftop solar
India had installed 6.8 GW of cumulative rooftop PV capacity by the end of 2020, with consumer-owned systems accounting for about 72% of the total, according to Bridge to India.
Cleantech Solar a big wheel in Asia’s C&I rooftop PV scene
The latest in Cleantech Solar’s 500+ MW portfolio of solar projects rolling out on manufacturing-facility rooftops across Asia is a major Indonesian tyre producer set to green the supply chain for future vehicles.
Asian Development Bank provides more than $1bn finance for renewables power lines
The development lender has followed up a $600 million loan for distribution infrastructure in eastern Indonesia with a $430 million credit line for installations in India.
New WoodMac report forecasts renewables cheaper than coal by 2030 across Asia-Pacific
A new Wood Mackenzie report has forecasted a massive swing in the levelised cost of electricity across the Asia-Pacific over the course o the next decade. Before 2030, renewables will be cheaper than new coal and gas almost everywhere, and significantly cheaper in Australia.
‘Solar is the new king of energy markets’
The advance of PV has been lauded by the International Energy Agency as it launched the latest edition of a flagship World Energy Outlook 2020 report overshadowed by the Covid-19 crisis and uncertainty over how long the economic recovery could take.
Adani becomes world’s largest solar developer
The world’s sixth-largest solar player in 2019 has risen to the top spot by securing a contract from Solar Energy Corp. of India to develop 8 GW of PV capacity.
