10 GW mega solar tender trimmed to 3 GW
A week after rejecting the sole bid received from Azure Power, India has trimmed the size of its first ever manufacturing-linked solar tender by more than two-thirds.
Saudi Arabia launches tender for 1.5 GW of solar capacity
The Renewable Energy Project Development Office is tendering seven large-scale IPP solar projects. The exercise is part of Round 2 of the Saudi National Renewable program, which is expected to allocate almost 2.2 GW of PV capacity this year.
Uttarakhand tenders 40.84 MW solar project at two dams
The irrigation department of the state of Uttarakhand has invited bids for setting up of 40.84 MW solar PV project at Haripura (27.34 MW) and Tumariya (13.50 MW) dams in district Udham Singh Nagar. The projects are to be built under build-own-operate-transfer model. The deadline for bid submission is February 15. Technical bids will be opened on February 18, while the date for opening of financial bids will intimated in due course.
New solar-wind hybrid parks mooted in Gujarat land policy
Solar-wind and wind-only projects will be set up in centralized renewable energy parks along the lines of successful solar installations to keep power evacuation simple, under the terms of the state’s new land policy.
NLC prepares way for 1 GW of solar in Tamil Nadu
State-owned NLC India Ltd – formerly the Neyveli Lignite Corporation – has signed a memorandum of understanding with the government of Tamil Nadu to set up a 1 GW solar project in the state.
Gujarat cancels 700 MW auction due to ‘high tariff’
Prices ranging from Rs2.84-2.89 have been deemed too costly by the state as the foreign developers who posted the lowest bids blamed high charges at the Raghanesda Solar Park where the projects had to be based.
Maharashtra’s 1 GW tender oversubscribed to the tune of 1.9 GW
Avaada Power and Adani lead the way with each bidding for half the 1 GW of capacity available, after the state distribution company raised the maximum tariff and extended the bid deadline.
Stable policy, varied financing options on solar industry’s budget wishlist
The solar industry seeks tailor-made financing options for end consumers, especially small and medium-sized enterprises (SMEs) and micro SMEs (MSMEs), in addition to supportive and stable government policies to ensure speedier progress.
Power outlook gloomy amid coal and solar woes
India Ratings and Research has maintained a stable-to-negative outlook on India’s power sector for FY2019-20 owing to issues such as slower resolution of the stressed [coal based thermal] capacity, domestic coal unavailability, and reluctance of DISCOMs to sign long-term power purchase agreements. The outlook is not sunny for solar either.
China ready to set 3 GW quota for residential solar in 2019
Sources have told pv magazine the authorities are ready to restart the nation’s residential rooftop segment and have also agreed upon subsidy payments for other distributed generation and utility-scale projects.
