Engineering drives next-generation solar power in Southeast Asia—Black & Veatch interview
Mitesh Patel, Renewables Director-Asia, US-headquartered EPC player Black & Veatch, speaks to pv magazine about the key trends driving the solar market, especially in Southeast Asia, and strategies to improve the bankability of PV projects.
India added just 351 MW of solar capacity in Q2, 42,229 MW in pipeline: Bridge To India
Covid-related disruption hit solar project construction in the second quarter. The activity will likely rebound over the coming quarters, with 4,720 MW expected to be commissioned in the second half.
Manikaran Power, south Korea’s KEPCO join hands to acquire stressed power plants in India
The New Delhi-headquartered power trading company has signed a Memorandum of Understanding with the South Korean power plant maintenance specialist to acquire and revive stressed assets in the power sector.
Modi loosens the purse strings to help struggling state utilities
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
India could add 2.5 GW of big solar in second half
Some 1 GW of utility scale project capacity was added to the end of June.
India added just 205 MW of solar capacity in second quarter
New large-scale solar installations totaled 120 MW compared to 896 MW in the first quarter of year 2020. Rooftop solar addition fell to 85 MW from 194 MW installed in the previous quarter.
Under-construction solar projects get a five-month blanket extension for completion
In March, the government said delays in renewable energy plant construction on account of Covid-19-prompted supply chain disruption would be considered a force majeure event.
NHDC invites bids for 25 MW floating solar EPC in Madhya Pradesh
Bidders have until August 25 to lodge the interest for design, engineering, procurement, and construction (EPC) work of a 25 MW floating solar plant in Khandwa district.
NTPC 1.2 GW ISTS solar auction sees aggressive tariff of INR 2.43/kWh
Low solar tariff trends can be attributed to developers’ desperate attempt to take advantage of the current situation wherein only safeguard duty of 14.9% is applicable, according to JMK Research.
UK investor acquires two Acme Solar projects aggregating 400 MW
Private equity investor Actis has completed the acquisition of Haryana-based Acme Solar’s 400 MW PV assets in the states of Andhra Pradesh and Madhya Pradesh.
