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.
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 Indian installer supplied panels for a commercial client in the U.S. who had been inspired by a trip to Rajasthan with his wife in 2008.
Touted to be one of India’s largest rooftop installations, the captive plant uses 25,770 photovoltaic panels covering 63,000 sq.m of available roof space and producing 12.2 million KWh of electricity annually.
The revolving credit facility will help the Hyderabad headquartered distributed solar developer finance new projects as it looks to add about 250 MW of capacity this year.
The solar plants commissioned at Dibrugarh (Assam), Gaya (Bihar) and Gondia (Maharashtra) take the Kolkata based module manufacturer and EPC contractor’s cumulative airport project portfolio to more than 4 MW.
Developers have until January 15, 2020 to submit bids for the project that shall come up at Central Coalfields Limited’s plant in Piparwar of Jharkhand.
Commercial and industrial (C&I) sector consumes 51% of the total electricity generated in India, with a mere 3% of this consumption coming from renewable energy. To increase renewable energy uptake among C&I consumers, India needs to explore new models like virtual power purchase agreements, green tariffs, internationally tradable RECs that have already been successfully tried and tested in many countries—according to a report by climate advocacy group WWF India.
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