◆Government to start global solar alliance， bring together 122 solar rich countries
【New Delhi】Doing its share as part of the global effort to tackle climate change, India is putting in place a global solar alliance, International Agency for Solar Technologies and Applications (INSTA).
INSTA will bring together 122 solar resource rich countries all located between the Tropic of Cancer and Capricorn.
Prime Minister Narendra Modi will formally launch the alliance in Paris on November 30, as the 21st edition of the UN-sponsored climate change talks kick off in Paris in December.
○Sub-Rs 5 bids: Solar’s moment in the sun
【New Delhi】In what bore testimony to the viability of the ambitious National Solar Mission (NSM), US-based renewable energy firm SunEdison, which bagged the entire 500 MW capacity on offer in the e-reverse bidding that concluded in the early hours of Wednesday, quoted a tariff of R4.63 per unit, the lowest price discovered under solar tenders in the country so far.
Country’s largest power company NTPC is the nodal agency for 500 MW of solar capacity to be installed at the Ghani Solar Park under the NSM, in Andhra Pradesh’s Kurnool district.