Uma Gupta
Virescent Infrastructure acquires 76 MW of operating solar assets in India
US investor KKR-backed Virescent Infrastructure has acquired Singapore-based Sindicatum Group’s operating solar assets in three Indian states. The acquired PV projects benefit from long-term power purchase agreements with government counterparties.
Maharashtra discom tenders for purchase of 500 MW solar power
Solar power generators have until June 4 to bid for supplying the power from their proposed or existing PV projects under a 25-year PPA.
Rising Sun Energy seeking EPC partners for its 190 MW Rajasthan solar project
The developer has issued a tender to select EPC partners for the grid-connected solar capacity in Nokh Solar Park of Rajasthan. Bidding closes on May 12.
Developing climate-resilient decentralized solar solutions
A new report states decentralized solar installations in climate-vulnerable regions of Assam, Jharkhand, and Rajasthan lacked design to deal with future climate risks. The report authors, based on their study, outline considerations for policymakers, implementing agencies, vendors, and funding agencies to build resilient structures.
IREDA to launch call for applications under the production-linked solar incentive scheme soon
Indian Renewable Energy Development Agency Ltd (IREDA), the implementing agency for the Production Linked Incentive (PLI) Scheme, would soon issue the selection document for solar manufacturers who wish to apply for state cash to set up production lines in India.
SECI extends bidding for 50 MW solar in Tamil Nadu
EPC contractors now have until May 19 to lodge their interest in setting up the grid-connected solar capacity—including 40 MW conventional ground-based and 10 MW agrivoltaics. The PV projects shall come up in Cuddalore and Tiruvannamalai districts.
Dutch LPG major acquires majority stake in SunSource Energy
SHV Energy, a Netherlands-headquartered global distributor of liquefied petroleum gas (LPG), has invested in India’s SunSource Energy as it seeks to realize new opportunities within distributed renewable energy. The investment also enables SunSource to expand its distributed solar portfolio.
Industry reacts to production-linked solar incentive scheme
Solar manufacturers have welcomed the bidding criteria which apply to the incentives offered for setting up gigawatt scale, high-efficiency PV production lines but would like a bigger budget, to finance significant capacity build-up.
Tata Power wins Maharashtra’s 250 MW solar auction with bid of INR 2.51/kWh
The solar project, spread over a 499.27 hectare area, is scheduled to be commissioned within 15 months from the power purchase agreement (PPA) date.
India installed 3.2 GW of solar in 2020
In large-scale solar, Adani was the largest developer by capacity, and Sterling & Wilson the preferred EPC partner. Tata Power Solar led in rooftop solar installations.
