In its ongoing efforts to strengthen international solar diplomacy, India is set to launch a major funding initiative. India’s Ministry for New and Renewable Energy is likely to propose to the government to set up a World Solar Bank. The bank is likely to help member countries of the International Solar Alliance to access affordable funding for solar power projects
The western Indian state of Rajasthan continues to expand its solar power capacity and has issued a new tender with over 1 gigawatt of capacity
Indian Railways has taken some significant measures over the last few weeks that will cement its place as one of the single largest clean energy users in India. These steps include the issuance of tenders for large-scale solar power projects and the commissioning of a first-of-its-kind project to use solar power for trains’ traction systems.
Leading Indian renewable energy developers are facing a liquidity crunch due to the COVID 19-induced nationwide lockdown and increased competition from emerging players. The country’s debt-ridden discoms are unable to pay off their dues to the generating companies. This has resulted in sharp increase in the sale of operational assets from various large renewable energy generators in the past few months.
A tender issued by Solar Energy Corporation of India for the supply of uninterrupted renewable energy was oversubscribed handsomely
A 2 gigawatt solar power tender received very a encouraging response amidst uncertainty resulting from the COVID-19 outbreak
India’s Solar Energy Corporation of India (SECI) has issued two big tenders offering a total of 4 gigawatts solar and wind energy capacity
India’s Ministry of New and Renewable Energy has reiterated its commitment to set up nearly 26 gigawatts solar power capacity in the agricultural sector by