The power generated by this project will be sold through long-term power purchase agreements (PPAs) to commercial and industrial customers.
The Gurugram-based commercial solar player has installed a 736 kWp rooftop solar plant at Mandoli Jail in Delhi. The power generated from the plant—built on ‘pay-as-you-go’ model—will cost about 50% cheaper than grid electricity.
The Solar Energy Corporation of India (SECI) has invited bids for implementation of 97.5MWp grid-connected rooftop solar PV systems on government buildings in different States/Union Territories of India. The projects, under both CAPEX and RESCO models, will be awarded through international competitive bidding. The deadline for bid submission is March 27.
The level of new solar capacity – 8,263 MW – however, was 15.5% down from the 9,782 MW added in 2017 owing to safeguarding duty and GST taking a toll on large-scale PV. While utility-scale solar declined 23% year-on-year, rooftop PV remained a bright spot, and registered impressive growth of 66%.
The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.
There is widespread doubt about whether India can achieve its 100 GW solar target by 2022 but, having started from a base of only 9 MW of capacity 10 years ago, it would be foolish to write off the prospects of this solar superpower.
The Mumbai-based solar PV panel manufacturer and EPC contractor aims to commission 100 MW rooftop projects in the financial year 2019-20, generating a revenue of Rs 400 crore from this segment alone.
India’s utility-scale solar capacity addition during October-December 2018 went down 46 per cent over the corresponding period of 2017. In contrast, rooftop solar grew strongly at 47 per cent.
Magenta Power, a Mumbai-based solar power and electric vehicle charging solutions provider, and Mahindra Susten, renewable arm of US$20.7-billion multinational Mahindra Group, will jointly work towards developing technological solutions and rooftop solar power installations.
The region’s climate, developing economies and demographic growth are driving increased electricity demand in the Middle East and North Africa. However, as a hub of conventional energy supply, the region has been slow to embrace PV. To capture more of the value chain and deliver the full potential of solar, there are increasing calls for distributed generation deployment to play a bigger role.
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