Climate action is no longer confined to the direction given by policy makers; it is now a social movement, commanded by both economic and ethical imperatives and supported by growing amounts of data
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Along with large ‘utility-scale’ solar plants and the demand for solar energy through rooftop or grid-connected solutions, the use of solar energy is increasing significantly
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"The Tamnar acquisition is on track and expected to close before the long stop date of June 30, 2018," JSW Energy said in its annual report 2016-17
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Recently, the nodal agency for solar tenders, pressurised the developers to lower the tariffs, opposed to the rates agreed in 2015, during the signing of the contracts
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The companies are showing improvement on the back of improving generation, stabilising debt coverage ratios with low-cost refinancing, decline in the project risks and timely cash collection
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There are around 3,947 registered green buildings across India, spread over 4.5 billion square feet
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Morgan Stanley downgraded its industry view of India Utilities to “In-Line” from “Attractive” in the wake of disruption brought in by the rising renewable energy sector
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This transition will be the world’s largest clean energy expansion programme, to meet the government’s target of adding 175 GW of clean energy into the country’s grid.
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According to Consultancy Bridge to India, GST will be applied to solar modules at a concessional rate of 5 per cent, which has been confirmed by the minister and the authorities.
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The report states that “while a cumulative capacity target of 175 GW has been declared for the year 2022, by 2040 a likely capacity of 597-710 GW is expected to be achieved".
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