With this addition, the total installed renewable energy capacity of the state-owned power generator has exceeded 1 GW.
The National Solar Energy Federation of India (NSEFI) is continuing to step up its efforts to ensure the quality of large scale solar projects. The body is now looking for stakeholder input into its new best practice guidelines for PV power plant projects, as a part of its ongoing Quality Taskforce initiative.
The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.
Decentralized model of solar project development has avoided the need to spend huge amounts on grid upgrades in India’s newest state. With EV charging plans advancing Telangana now intends to change policy to reflect falling solar costs.
Projects with a total capacity of 250 MW—by Renew Energy and CSE Development—will be set up over land identified in Una and Kangra districts of the state.
The projects—to be set up on ‘build-own-operate’ basis—will be awarded through bidding followed by reverse auction with tariff ceiling fixed at Rs2.95/kWh for 25 years. Bidding closes on September 25.
The state plans to achieve half the amount by 2021-22 under its new draft solar policy. The package also suggests establishing a research hub, privately financed solar parks and encouraging commercial self-consumption of clean energy.
A spokeswoman from the Chinese manufacturer of the Swan series of double-sided solar panels says monofacial modules will soon be consigned to residential use as the price gap between them and higher-yielding bifacial products rapidly closes.
The purchased solar portfolio is relatively young with average remaining PPA life of around 22 years.
The two nations have signed an MoU to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.
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