Vikram Solar commissions 20 MW solar projects for WBSEDCL
The plants at Patni and Lalgarh in West Bengal are expected to generate 1.55 million units of electricity per megawatt (MW) annually.
China unveils an ambitious new push on grid parity solar
Beijing has outlined a series of policies mandating local and provincial authorities, state-owned banks and grid operators to pull out the stops to drive the rapid escalation of subsidy-free PV projects. The announcement has seen Chinese solar stocks on the rise.
India would gain from differential electricity tariffs
More flexible prices during peak periods would incentivize the use of energy during times of lower demand and reduce the burden on the grid, according to a report by IEEFA. Day-ahead market pricing would better incentivize variable generation to ‘kick in’ at times of peak demand.
India will tender 500 GW renewable capacity by 2028
Of the colossal sum, 350 GW would be for solar. India currently has installed renewable energy capacity of 75 GW with a further 46 GW under implementation.
India floats mega tender of 7.5 GW for Jammu & Kashmir
India’s Solar Energy Corporation of India has invited solar power developers to construct 7.5 GW grid connected projects in Leh and Kargil Districts in the state of Jammu & Kashmir under a competitive bidding process. Bid submission deadline is April 30. Tenders will be opened on the same day. The date of reverse auction will be advised at a later date.
India will auction 80 GW of solar, wind capacity by March 2020
The Indian Government plans to tender 60 GW of solar and 20 GW of wind capacity by March 2020. This would complete the planned auctions for its targets of 100 GW solar and 60 GW wind installations by 2022, leaving two years for project execution, according to an year-end review by the Ministry of New and Renewable Energy (MNRE).
Auroville search engine will crowdfund solar power for 100 villages in Tamil Nadu
Sustainable development expert Auroville Consulting has launched the Solar Village Search Engine to help fund its Solar Village Initiative, which aims to power 100 villages in Tamil Nadu with solar by the year 2030.
India could generate all of its power from renewables by 2050
A renewable energy system in 2050 is technically possible and economically viable for India, with the levelized cost of electricity falling from the current €58/MWh (Rs4,626) to €52 under one scenario in a recent report, and to €46 in another that included demand for power, water desalination and non-energy industrial gas sectors.
NTPC to procure 1 GW of power from existing solar and wind projects
India’s largest power company is set to make a statement of intent with procurement, and has set a first round bid ceiling of Rs2.67 for the reverse bidding auction. Successful bidders will secure a one-year PPA which can be extended by six months.
Enhancing energy trading in South Asia
The Indian Ministries of External Affairs and Power, in collaboration with the Confederation of Indian Industry (CII), organized the South Asia Power Summit 2018, held recently in New Delhi. The daylong conference highlighted that diversity of energy resources in South Asian countries brings the opportunity to provide affordable, low-carbon energy in the region. The business case for enhanced energy trading in the region, and challenges faced in inter-country electricity trading were important elements of this discussion.
