NTPC mulling solar power project without a power purchase agreement
With continuous decline in costs of solar power generation, the chorus for shortening the 25-year power purchase agreement (PPA) period is growing louder.
India added 2.5 GW in Q1, 18.4 GW in pipeline: Bridge to India
Solar installations picked up significantly in the January-March period, with 1.89 GW of utility-scale PV projects providing 76% of the quarterly total. Rooftop PV accounted for the remaining 590 MW of new capacity additions. Looking ahead, Bridge to India expects the uptrend to continue, as the first quarter ended with a record amount of capacity in the national pipeline.
Bidding extended for Telangana solar tender
In the second amendment to the tender, the financial and technical criteria have been further relaxed and the bidding deadline extended from June 7 to June 10.
India’s growth slows as developers add 1.7 GW in Q1
Solar installations fell 49% year-on-year in the first three months of 2019, with rooftop PV additions plunging as installers struggled to secure approval for projects immediately before the general election, according to new statistics from Mercom India Research.
Japanese firm Mitsui invests in Mahindra Susten to support its solar expansion
The Mahindra Group cleantech firm will continue to have majority 51% stake in its subsidiary Marvel Solren, with Mitsui owning the balance. Currently, Marvel operates four distributed solar projects in India with a combined capacity of 16 MW, which the two partners aim to expand to 150 MW by 2023.
ISA invites bids for solar PV project development in member countries
Following Indian utility National Thermal Power Corp.’s proposal for PV projects in International Solar Alliance member countries, the organization has invited bids from companies in such nations with comparable credentials and experience, as long as they own at least 250 MW of solar capacity.
IGL extends bid deadline for solar PV system plus battery tender
Bidding is now allowed up to June 20. Bidders are required to submit the respective corrigendum along with the bid, duly signed and stamped.
SECI trims 100 MW Telangana solar project
The tendered solar PV capacity for state-owned coal mining company Singareni Collieries Company Limited (SCCL) is now revised to 90 MW (AC). Further, the commissioning period has been increased to 12 months.
Maruti Suzuki to set up 5 MW solar plant at Gurugram facility
Entailing investment of around Rs 240 million, this ‘carport style’ captive solar power plant is expected to be commissioned in FY 2019-20. It will offset CO2 emissions to the tune of over 5390 tonnes annually, for the next 25 years.
TERI and Cadmus launch rooftop solar market aggregator program
The I-SMART program aims to aggregate demand for 1 GW rooftop solar systems across four states and two union territories. It simplifies rooftop solar installation by providing a range of services both to the partner installers and prospective customers on a single-window web portal.
