World Bank to help Afghanistan tender 40 MW solar project
The International Financial Corporation will help the country’s government competitively tender the project, which is expected to be developed through a public-private partnership.
Top 3 developers commissioned one-fourth of utility-scale PV projects
Of the total 9,538 MW of solar capacity commissioned between October 2017 and September 2018, Adani bagged the lion’s share at 11%, followed by Acme (7.5%) and Renew Power (7.3%), finds Bridge to India. The analyst company also tracks tariff trends between 2016 and now.
Phelan closes financing for 50 MW Bhadla solar park
South Africa’s Phelan Energy Group has reached financial close on its 50 MW solar PV project, located in Rajasthan. It is set to be online by October.
Growing awareness of quality, but still a need for more
There is no doubting the tough environmental challenges facing PV modules and systems among the varied climactic conditions of India. These conditions have created earlier failures than seen in mature solar markets, with less diverse temperature fluctuations, such as Europe. DuPont’s Rajaram Pai says awareness of this is growing, however more needs to be done.
Solar-Log makes debut in India
German solar monitoring company SDS has announced a strategic partnership with developer iPLON India. The established Solar-Log system will help India’s drive to raise quality standards in PV.
SECI extends 3 GW manufacturing-linked solar auction by two weeks
After a pre-bid meeting with solar power developers on September 6, India’s Solar Energy Corporation of India (SECI) is looking to amend the tender document, which it hopes to upload to its website in the coming days, following approval from the ministry, according to a SECI spokesperson.
Suzlon partners with CLP for 70 MW solar capacity in Maharashtra
CLP India will acquire a 49% stake in Suzlon’s 50 MW and 20 MW solar projects in Dhule, Maharashtra. These two projects were won by Suzlon through competitive bidding in auctions by the Solar Energy Corporation of India Limited (SECI). As per the power purchase agreement signed, the tariff rate is fixed for 25 years at 4.115 INR/kWh for 20 MW and 3.66 INR/kWh for 50 MW.
500 MW Gujarat solar tender oversubscribed 4 times
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.
MNRE proposes shorter commissioning time for solar projects
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.
PV installations in Q2 fall by half
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.
