India’s first solar bicycle track corridor, which is set to generate around 6 MW of clean power daily, is scheduled to be operational in March 2019. Covering 12 km, the corridor will stretch from Mubarka Chowk to Wazirabad in New Delhi’s Outer Ring Road.
Gujarat Urja Vikas Nigam Limited (GUVNL)’s re-tender of the annulled 500 MW grid-connected solar PV tender has been oversubscribed by almost four times. Technical bids aggregating 1,925 MW have been submitted against the tendered capacity of 500 MW.
To meet its 100 GW solar target by 2022, India’s Ministry of New & Renewable Energy (MNRE) has proposed shortening the commissioning period for solar projects.
In the second quarter, India installed solar projects amounting to 52% less capacity quarter-over-quarter, due to uncertainties around trade cases, module price fluctuations, and PPA renegotiations prompted by record low solar tender bids.
The award of the nation’s first solar project quality certificate may signal a renewed determination by the federal authorities to crack down on low-quality panels – with Far Eastern imports firmly in their sights.
Tata Power Solar has commissioned an 820.8 kWp solar rooftop at the Cricket Club of India (CCI), in Mumbai. It claims it is the world’s largest solar rooftop on a cricket stadium.
To ensure their continued viability, nearly 8 GW of solar PV projects have been granted an extension by the Ministry of New and renewable Energy (MNRE).
The recent 35.29 MW rooftop solar tender, floated by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) hit a historic low tariff of Rs. 1.58 (US$0.022) per unit. Overall, it attracted 31 bidders, and was oversubscribed by 630%.
In a major development, the Ministry of New & Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) to fix the upper permissible solar tariff at Rs. 2.50 (US$0.036)/kWh and Rs. 2.68 ($0.038)/kWh for developers using domestic solar cells and modules (without safeguard duties), and imported products (with safeguard duties), respectively.
A time-bound process would eliminate financial uncertainties for stakeholders – be it developers, lenders or the DISCOMs. It is a particularly big relief to solar PV power developers seeking pass-through for the impact of goods and services tax (GST) on project costs.
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