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While currently there is a temporary lull in the announcement of fresh bids, the magnitude of solar project awards in the past 12-18 months has been quite significant. The backlog against these awards itself would support a solar capacity addition of...
India has been exploring opportunities to develop solar power projects in Asia and Africa, along with its aim of providing electricity to rural areas in such countries
On the heels of the successful allocation of 750 megawatts of solar power capacity at record-low rates, the Indian Railways is now looking to replicate this model to ensure a cheap and sustainable power supply.
Delhi Metro signed a purchase agreement for 25 years with Rewa Ultra Mega Solar Limited, a joint venture between Solar Energy Corporation of India and the Madhya Pradesh government.
The renewable energy ministry has halved the size of its largest-ever rooftop solar tender and also cut the financial assistance offered for it.
Today India is fast becoming one of the world’s most attractive markets for Renewable Energy investments. India’s rise has been due to the effective policy and regulatory support for development of Renewable Energy Technologies (RETs).
Various policy measures such as Jawaharlal Nehru National Solar Mission (JNNSM) Feed-in-Tariff, Accelerated Depreciation (AD), Generation Based Incentives (GBI), Renewable Purchase Obligations (RPO) and Renewable Energy Certificates (RECs) have helped in the rapid growth of Renewable Energy deployment in the country.
Along with above demand and supply side measures to promote Renewable Energy growth in India, various states have come up with their state Solar policies to provide an enabling framework for growth of Renewable Energy in India. All State Solar Policies are available in one roof.