India’s entire solar industry is dependent on Chinese imports to function. Hence, there is a comprehensive need to relook at the current policies and focus on building wafers and ingots capacity that will be used to manufacture the cells and eventually, modules.
Floating PV specialist Ocean Sun and South Korean energy company EN Technologies have signed an agreement to develop the pilot projects of the 2.1 GW floating solar site planned near the Saemangeum tidal flat, on the coast of the Yellow Sea.
August 26 is the last date to bid for engineering, procurement and construction work of 40 MW solar capacity, along with associated transmission line connectivity, in Ganjam district.
The state is also reportedly set to this year unveil ‘Asia’s largest floating solar plant’, in the shape of the 150 MW Rihand Dam installation.
The state’s Solar Power Policy 2015 was due to expire since April 1, 2020. With a 9-month extension, solar power plants installed and commissioned till December end become eligible for the benefits and incentives declared under this policy.
The National Solar Energy Federation of India said the project timeline relaxation provided by the Ministry of New and Renewable Energy is insufficient as construction continues to be severely hampered. Labour exodus and procurement delays (due to restrictions on international travel) are among the reasons affecting project progress.
The project—set up in Madhya Pradesh—is one of the world’s largest single-site solar power plants. It is also India’s first PV project to supply power to an inter-state open-access customer.
The Italian utility, fresh from securing its first 300 MW of PV generation capacity in the recent, record-setting tender held by SECI, has teamed up with the state-owned Norwegian Investment Fund to commit to further clean energy facilities in India.
The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
The plant—constructed and operated by Germany-headquartered IBC Solar Energy—is NextEnergy’s first investment in India as part of its strategy to acquire ready-to-build or operational solar projects across high-growth international markets.
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