Avaada Power to develop 500 MW solar, investing $526 million in Andhra Pradesh
In a recent investor summit of Andhra Pradesh, Avaada Power has inked a $526 million contract with the state government of Andhra Pradesh to develop 500 MW solar capacities in the state.
EESL to invest more than US$500 million in Andhra Pradesh in four clean energy projects
MoUs for four projects were signed at CII Partnership Summit 2018, held in Andhra Pradesh are valued at more than US$ 500 million and are expected to create jobs, alongside bringing in revenue and saving money.
Adani to build 1 GW+ renewable energy in Andhra Pradesh
Adani Group has signed a MoU with Andhra Pradesh government for the development of more than 1 GW of renewable energy in the state.
Andhra Pradesh releases status of renewable energy installations
Solar tops the installation list in 2017-18 with 264 MW of capacity commissioned to surpass wind for the period. Wind power remains leading renewable resource, as of January 31, 2018.
China’s LONGi doubles Indian solar manufacturing plans to 2 GW
LONGi Solar has upgraded its Indian project, and now the solar manufacturer will set up 1 GW each for monocrystalline cell and module manufacturing capacity at the fab in the Indian state of Andhra Pradesh.
NTPC sets 32 GW renewables target by 2032
To date, the National Thermal Power Corporation (NTPC) Ltd has installed roughly 1 GW of renewables in India. NTPC is planning several projects including floating solar and battery storage projects nationwide.
SECI tenders 160 MW hybrid energy storage project in Andhra Pradesh
The hybrid project will have energy source form both solar and wind, with an energy storage facility tentatively located in Andhra Pradesh.
SECI tenders 950 MW of PV projects in southern states
SECI has had a busy day, releasing three tenders worth 1.2 GW. Following on from a 275 MW tender this morning, it has now announced a 950 MW tender for grid connected solar PV projects in the state of Andhra Pradesh and Karnataka, under the National Solar Mission of Phase-II, Batch-IV.
Turnaround as Andhra Pradesh agrees to buy power from Kadapa solar plant
Despite the 250 MW solar project securing a record low bid of INR 3.15 ($ 0.05)/kWh in April, Andhra Pradesh refused to buy the generated power, after tariffs fell further in subsequent auctions. This decision has now been rescinded, according to The Economic Times, with the affected parties having reached a compromise.
