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UP to train 30,000 “surya mitras” for solar rooftop initiative

India, News

The Uttar Pradesh government plans to train 30,000 “surya mitras” to support its goal of installing solar panels on every rooftop in the state. This effort follows the PM Surya Ghar Yojana, launched last year, which has already seen over 2.5 million solar panels installed in Uttar Pradesh. To meet the need for skilled workers in the solar sector, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is targeting to train these “surya…

Power Sector News Roundup for November 21, 2024

Power Bytes

Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens solar PV investment guidelines to address overcapacity. SEC to build publicly owned renewable energy park in Horsham, Australia. Bekevar Wind Farm opens, providing 200 MW of renewable energy in Saskatchewan. Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects. TVA signs 10-year PPA for 14 GWh carbon-free energy with Smoky Hydro. Octopus Energy and Skyborn prequalified for French…

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Uttar Pradesh targets 14,000 MW solar power

India, News

Uttar Pradesh is advancing its renewable energy goals by partnering with energy firms to establish floating solar power plants, aiming to reach 14,000 MW of solar power generation by 2027.  Under the ‘PM Surya Ghar Yojana’, the state targets connecting 2.5 million households to solar energy. Floating solar projects are planned for seven reservoirs, in collaboration with NTPC, Tehri Hydro Development Corporation (THDC), and Satluj Jal Vidyut Nigam (SJVN), according to a government official. The…

Power Sector News Roundup for October 8, 2024

Power Bytes

Global: Malaysia’s power utility partners with Keppel to supply 100 MW in cross-border deal Taihan Cable secures contract for Singapore’s 400 kV power grid Runergy launches solar module manufacturing facility in US EET to develop UK’s first large-scale low-carbon hydrogen hub CWP Global to develop 600 MW green hydrogen project in Angola India: IEX posts 24% growth in trading volume, REC prices hit all-time low in September 2024 GAIL, AM Green signs MoU to jointly…

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NHPC floats tender for 7.68 MW grid-connected rooftop solar systems

India, News

NHPC Limited has issued a tender for the development of 7.68 MW grid-connected rooftop solar power systems as part of the PM Surya Ghar: Muft Bijli Yojana. The last date for bid submission is October 29, 2024. The project will be executed in four zones with different capacities: Zone 1: Jammu and Kashmir (4,102 kW) Zone 2: Himachal Pradesh (1,710 kW) Zone 3: Uttar Pradesh and Uttarakhand (774 kW) Zone 4: Sikkim, West Bengal, and…

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SJVN invites bids for 5.8 MW rooftop solar projects

India, News

SJVN has issued a tender for the installation of 5.8 MW grid-connected rooftop solar power systems on Union Government buildings across several states, including Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and Rajasthan. The project is part of the PM Surya Ghar: Muft Bijli Yojana and follows the Renewable Energy Service Company (RESCO) model. Bidders are required to submit Rs 5,900 as a document fee, Rs 5,000 plus 18% GST for bid processing, and…

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India’s renewable energy sector poised to drive economic growth: Pralhad Joshi

India, News

Union Minister Pralhad Joshi emphasized the rapid growth of India’s renewable energy sector and its potential to significantly boost the economy. Speaking at the BNEF Summit, Joshi highlighted the Modi government’s initiatives to promote renewable energy, including competitive industry structures and low solar power costs due to India’s abundant sunny days. The minister stressed that India’s path to decarbonization lies in meeting incremental electricity demand with non-fossil fuel sources, for which large-scale grid storage solutions…

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Maharashtra becomes India’s second-largest state for rooftop solar installations

India, News

According to a recent report by Mercom India, Maharashtra has emerged as the second-largest state in India for cumulative rooftop solar installations, contributing 13.3% to the country’s total photovoltaic (PV) installations. The state has installed 1.5 GW of rooftop solar capacity, trailing only Gujarat, which leads with 3.2 GW. The Mumbai Metropolitan Region (MMR) alone accounts for 8% of Maharashtra’s total installed rooftop capacity. The report also highlights that Maharashtra added 95 MW of rooftop…

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India’s rooftop solar capacity grows by 1.1 GW in first half of 2024

India, News

India added 1.1 GW of rooftop solar capacity from January to June 2024, a 26% increase from the 873 MW added in the same period last year, according to a report by US-based research firm Mercom Capital. The report, titled “India Rooftop Solar Market,” highlighted that 731 MW of rooftop solar was installed in the second quarter of 2024, representing an 89% increase from 388 MW year-on-year. As of June, India’s total rooftop solar capacity…

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Ruloans partners with UGRO Capital to enter renewable energy finance market

India, News

Ruloans, a credit distribution company, has partnered with UGRO Capital, a lending platform, to tap into the growing renewable energy finance market. As a direct sales agent (DSA), Ruloans has added rooftop solar finance products to its loan portfolio. This partnership is set to benefit from the PM Surya Ghar: Muft Bijli scheme, which is expected to increase the number of individuals installing rooftop solar panels. The collaboration with UGRO Capital grants Ruloans access to…