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Coming Soon: India’s First Municipal Green Bond

The Ahmedabad Municipal Corporation has announced plans to issue green bonds valued at ₹200 crore (~$31 million) in the financial year 2018-19. The proposal opens up a completely new avenue for municipal...

Solar Energy Corp. Of India Announces 2 Gigawatt Tender

On the heels of the wind energy auctions held by the Solar Energy Corporation of India (SECI) last year, the agency has launched a solar power tender as well. The SECI has floated...

India Achieves 20 Gigawatts Solar Capacity 4 Years Ahead Of Initial Target

India achieved an operational solar power capacity of 20 gigawatts by the end of 2017, Mercom India Research has claimed. According to Mercom India Research, a record 9.5 gigawatts of solar power capacity...

India Aims To Add 15.6 Gigawatts Of Renewable Energy Capacity In 2018–2019

The Indian Minister of Finance recently announced the budgetary allocation for all ministries and associated target outcomes for the financial year 2018-19 that starts from 1 April 2018. Finance Minister Arun Jaitley announced...

India’s Tamil Nadu Plans 500 Megawatt Solar Park

The south Indian state of Tamil Nadu has announced plans to set up a 500 megawatt solar power park. This will be the first solar power park the state government has planned...

1 Gigawatt Solar Power Tender Planned In India’s Maharashtra State

India’s largest state, in terms of power consumption, is set to float its first major solar power tender this year. Despite its huge appetite for electricity, the state of Maharashtra has lagged between...

Wind Energy Tariffs In India Fall 30% In 10 Months

Within 10 months of introducing competitive auctions in the wind energy sector, India has witnessed a sharp correction in tariff bids by project developers. The major reason for this sharp correction is...

India Tenders 1.2 Gigawatts Of Solar Capacity In First Week Of 2018

Giving an overview of what to expected over the next few months, the Solar Energy Corporation of India announced three tenders for solar power projects within the first week of this year. The...

India Plans To Increase Rooftop Solar Subsidy By 5X, To $3.7 Billion

The Indian government is planning to revamp its incentive program for rooftop solar power systems in an attempt to expedite implementation of the capacity across various segments of power consumers. The Ministry of...

Indian State Plans Massive Solar Project At Retired Coal Power Plant

More Indian states are switching to solar power from thermal power due to the cost benefits available with the former. Now, the northern state of Punjab is considering setting up a huge solar...

Indian Insurers Launch Products For Solar Power Sector

With the rapid boom in the solar power market in India, increasing competition, and collapsing tariff bids, Indian insurance companies have launched products to protect lenders as well as developers. HDFC ERGO General...

New Solar Energy Law in Indianapolis

A new law that takes effect in just five days could impact solar panel users across the state. Senate Bill 309 takes effect January 1st, 2018. Scott Biggs,with Jefferson Electronic in Indianapolis said...

New Low For India Wind Energy Tariff In 500 Megawatt Auction

The latest onshore wind energy auction in India has yielded the lowest-ever tariffs quoted by project developers. The wind energy auction organized by the state government of Gujarat its power distribution company revealed...

Trina Solar Suspends Plans For 1 Gigawatt Solar Fab In India

The world’s largest solar module manufacturer has suspended plans set up a fabrication facility in one of the fastest growing markets – India. The head of sales for Trina Solar in India recently...

Indian State Of Karnataka Announces 860 Megawatt Solar Tender

India’s fifth largest state in terms of operational solar power capacity has recently launched a huge tender to further expand its solar power infrastructure and meet the renewable purchase obligation. Karnataka Renewable Energy...

India Plans 5 Gigawatt Offshore Wind Auction In 2018

After delay of several years, India may eventually auction and allocate its first-ever offshore wind energy projects next year. The Minister for New & Renewable Energy, RK Singh, recently told media outlets that...

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