The selection of solar project developers will be carried out through a competitive bidding process followed by a reverse auction. The deadline for bid submissions is January 30.
Tariff ceilings, safeguard duties, a falling rupee and mandated manufacturing capacity turned 2018 into a year of annulled tenders, and no shows by bidders.
More predictions from IHS Markit reveal that 123 GW of solar PV installations are expected in 2019 – up 18% on the capacity additions expected this year. It also sees a market shift away from China, with two thirds of capacity located elsewhere. The overcapacity situation is also expected to ease.
The state has withdrawn its transmission charges waiver for solar projects bigger than 500 MW in capacity. While unhappy developers are protesting, industry experts deem it sensible for the government to apply a limit to – and possibly plan a phased withdrawal of – incentives for the solar sector.
Citing a recent dip in solar tariffs, the central government has withdrawn a plan to install 12 GW of PV capacity – out of total 15 GW envisaged – via the state-owned NTPC Ltd.
The Indian Government has mandated that preference be given to domestically manufactured renewable energy products in public procurement. As per the order, 100% of the solar modules for grid-connected solar power projects must be domestically manufactured.
With a fleet of nearly 70 drones and a software investment of US$1 million, Ahmedabad-based Gensol Group is rolling out a high-tech digital solution for monitoring solar plants, which aims to swiftly identify problems and reduce downtime.
Styrofoam and reinforced concrete as a substrate, floating breakwaters and wave attenuators, robust anchoring, robotic cleaning and on-site manufacturing are just some of the buzzwords surrounding floating solar’s future. With 1 GW of installed floating capacity worldwide (as on November 30, 2018) and an optimistic prediction of 5 GW by 2022, this branch of solar energy is gaining immense momentum.
The Indian Government plans to tender 60 GW of solar and 20 GW of wind capacity by March 2020. This would complete the planned auctions for its targets of 100 GW solar and 60 GW wind installations by 2022, leaving two years for project execution, according to an year-end review by the Ministry of New and Renewable Energy (MNRE).
The Uttar Pradesh Government is looking for private investment worth Rs 55 billion (UD$809 million) for the proposed Bundelkhand Green Energy Corridor, which is expected to generate 4 GW of solar power.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.