A joint report by the Institute for Energy Economics and Financial Analysis (Ieefa) and the CEEW-Centre for Energy Finance (CEF) has recommended indexed tariff structure over flat rate for future renewable capacity, with front-ending tariffs as low as INR 2/kWh, to ease near-term financial pressure on discoms.
The latest project is another African opportunity for the India-based EPC player after successfully commissioning Nigeria’s first solar-plus-storage hybrid power plant, which is also Africa’s largest battery energy storage system.
The developer secured the grid-connected solar capacity in a 700 MW auction by state utility Gujarat Urja Vikas Nigam Limited which had a tariff ceiling of INR2.92/kWh.
Projects can be established anywhere in the state which has spare grid capacity, with the relevant substations listed on the Gujarat Energy Transmission Corporation website.
Solar projects under construction face uncertainty as factors like labour shortage and proposed duties on module imports could lead to significant cost overruns for the developers.
The state—which has already installed an aggregate 9.6 GW of renewable energy capacity as of FY 2019-20 end—will add another 22.6 GW to the grid by the end of FY2029-30. Of the new RE addition, 18 GW will come from solar capacity.
Solar curtailment might become a valuable aspect of future PV deployment, particularly if grid operators start focusing on ‘curtailment management’ instead of ‘curtailment prevention.’ Management would include measures such as flexible generation, storage, load flexibility, and regional coordination.
The Summit will see the signing of four partnership agreements, including one between India’s Ministry of New and Renewable Energy, World Bank, and International Solar Alliance.
Central Electronics Limited has invited bids to install distributed, grid-connected PV systems for solarization of existing agriculture pumps in Tonk district. Bidding closes on September 19.
The National Institute of Wind Energy has invited bids to install and commission a 1 MW (AC) grid-connected solar power plant at Madurai Kamaraj University in the Madurai district of Tamil Nadu. Bidding closes on September 17.
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