The remarkable 4 GW of solar capacity added last year has seen the state displace Tamil Nadu as the nation’s renewables top dog. And there is more to come, according to a new report, with PV set to account for a third of rising energy demand over the next decade.
Greenko Energies will set up India’s largest Integrated Renewable Energy Project (IREP) in Andhra Pradesh at an investment of INR 150 billion (US$2.2 billion). Recently approved by the Andhra Pradesh government, the project will comprise 1,000 MW of solar energy, 550 MW of wind energy and 1,200 MW of standalone pumped storage capacities. It is expected to provide employment to 15,000 people during construction and 3,000 people after construction.
The independent power producer has continuously expanded its project pipeline, routinely winning multimegawatt tenders. The latest winning bid relates to a pending PPA at Rs2.64 per kWh.
Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has won a contract to develop 250 MW (50 MW x 5) of solar projects in Tumkur district of Karnataka.
The 750 MW Rewa solar power project, one of the world’s largest single-site solar power plants, has started operations.
ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.
On the sidelines of the Renewable Energy Dialogue 2018, organized by Council on Energy, Environment and Water (CEEW) in New Delhi recently, pv magazine spoke to the Counil’s founder and CEO, Arunabha Ghosh, senior programme lead, Kanika Chawla, and Hero Future Energies CEO, Sunil Jain about the performance of India’s renewable sector over the past year, the reasons for the deferral of solar PV project auctions, and the poor uptake of rooftop solar in India.
Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has commissioned 100 MW of solar capacity at the Anthapuramu Solar Park in Andhra Pradesh, taking its overall renewable capacity to 2,215 MW in India.
Israel-based Ecoppia has partnered with SB Energy, a wholly-owned subsidiary of SoftBank Group Corp., to deploy 2,000 robots across its five sites in the Bhadla Phase III and IV Solar Park Project in Rajasthan, India. This announcement follows its recent completion of large-scale deployments with ENGIE and Ostro Power (Actis Group) in the Bhadla park. pv magazine speaks to Ecoppia CEO Eran Meller about the project.
Despite this, at least half the companies among the top 10 – in terms of shares of projects sanctioned – changed every year between 2014 and 2017. International independent power producers (IPPs) accounted for around 45% of the sanctioned projects in solar parks. Around 35% of the park projects were awarded to IPPs registered in Mauritius, where companies benefit from preferential taxation.
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