India, one of the most diversified energy markets in the world, has recently become the lowest-cost producer of solar power. This reflects a steady and encouraging shift toward renewable power—a shift that’s in line with the targets set by the government. At the Climate Action Summit that was held earlier this year, Prime Minister Narendra […]
Solar installations in year 2020 are set to exceed 10 GW after a year hit by political uncertainties, module price increases associated with safeguard duty and a fewer number of awarded tenders. The outlook for battery energy storage installations for solar projects, however, is bleak as such combinations in India can cost 3-5 times more in 2020 than standalone renewable projects.
Project development and value chain localization are the focus areas for cooperation between the two countries.
Only Indian manufacturers are eligible to bid for supply of 4.5W, 4.6W and 4.67W multicrystalline silicon solar cells. Quantities to be supplied are 500,000, 500,000 and 300,000, respectively. Bidding closes on January 6.
As part of the transaction, both the parties have agreed to ensure that over 30% of the electricity supplied by Adani Electricity Mumbai Ltd will come from solar and wind power plants by the year 2023.
January 4 is the last date to bid for the plants that are to be developed in capacities of 10 KWp to 50 KWp atop government buildings. Bids must be accompanied with bank guarantee of Rs 750,000.
The project—located in Jodhpur district of Rajasthan—is being developed by the Indian developer’s special purpose vehicle Clean Solar Power (Jodhpur).
The government’s KUSUM scheme helps farmers install standalone solar pumps with a capacity of up to 7.5 hp. There is also support to make grid connected pumps of the same size solar powered. A PV capacity of up to twice the pump capacity in kW is allowed under the scheme.
The university researchers will provide expertise in the operation and management of lithium-ion batteries, environmental test facilities for battery modules and advanced battery analysis techniques.
While stress in the renewable sector can only be averted if long-term viability of the project is intact, prevention of default due to issues temporary in nature is also the need of the hour—says a report by the ratings agency.
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