In a bid to boost Prime Minister Narendra Modi’s enterprising goal of achieving up to 175 GW of energy – relying solely on renewable sources – the government has yet again floated a renewable energy storage tender. A major chunk of the goal, amounting to 100 GW is dedicated to solar power.
The Kyoto protocol and Paris agreement are two landmark treaties separated over two decades, both important for climate change hosted by Conference of Parties (COP) and adopted by United Nations Framework Convention on Climate Change (UNFCCC).
Tata Power has an installed generation capacity of 10,477 MW and a presence in all the segments of the power sector: Fuel and logistics, generation (thermal, hydro, solar and wind), transmission, distribution and trading.
Azure Power, has commissioned a 100 MW solar plant under National Solar Mission policy in Jodhpur, Rajasthan. This is the largest capacity project under the NSM Phase-2 and with the completion of this project, Azure Power has become the largest investor of solar power in Rajasthan.
The Government of India raised the National Solar Mission´s solar installation target from 22,000 MW to 100,000 MW by 2022. By 2021-22, Gujarat could emerge as the fourth largest state in India with proposed 3,200 MW grid connected rooftop solar power projects
An independent producer of wind and solar power - ReNew Power has raised about Rs 835 crore from three investors in their second round of funding and now plans to go public in a year. The total equity investment in ReNew Power is about Rs 2,327 crore, the largest in India´s renewable energy industry.
The Indian Government has announced plans to build four mega solar farms with a total capacity of more than 2 GW by next year. The new plants will double the country's solar energy capacity, putting it in line to reach its 2017 target of 10 GW. The photovoltaic projects, which are set to begin construction in April, will nearly double India's current PV capacity.