Andhra Pradesh allocates 57% of energy budget to ‘free power for agriculture’ scheme
The overall energy outlay of Rs 6984.73 crore for the year 2020-21 is much lower than 2019-20’s revised estimate of Rs 11,639 crore.
Andhra Pradesh set for 10 GW of agricultural solar
The state—which commissioned an aggregate 3530.74 MW solar capacity as of May 31, 2020—will set up the new plants to ensure nine hours of free power supply to the agriculture sector.
Azure Power posts Q3 loss but continues to expand solar portfolio
The New Delhi-based developer posted a Rs136 crore loss from October to the end of December but has managed to shift current liabilities into the long grass as it aims to continue on an expansionist trail, backed by the Canadian pension fund which holds almost half its shares.
Renewable energy: 7,592 MW commissioned in first nine months of the fiscal year
Capacity additions for the current fiscal year are set to exceed the previous accounting period’s 8,532 MW. With Rs405 billion invested in clean energy in the last fiscal year, spending in the first nine months of 2019-20 has been estimated at Rs367 billion.
Indian researchers develop a mathematical method to choose the best PV technology in hot, dry areas
The proposed model is said to perform better at energy prediction than software tools such as PVWatts, PVSyst or RetScreen. The approach was validated on two 5 MW PV plants in the same district of the Indian state of Rajasthan.
BHEL tenders power conditioning units for 47 MW floating solar projects
Bidders are required to supply and commission 1500V, 2.5 MW outdoor/containerised power conditioning units for two floating solar projects at NTPC. In all, 19 units are to be supplied—10 for 25MW (AC) NTPC Simhadri and 9 for 22MW (AC) for NTPC Kayamkulam. Bidding closes on February 4.
Engie sells controlling stake in 813 MW Indian solar portfolio
Mumbai investor Edelweiss Group will gain a controlling stake in the generation assets in a deal which Engie says will allow it to reduce its debt by Rs3,160 crore.
Andhra Pradesh: Care Ratings puts 26 renewable developers on negative watch
Ratings may be downgraded if there is a persistent delay in resolving the tariff related dispute or any adverse revision in the tariffs by the state regulator and/or continued delays in receipt of payments from DISCOMs.
Rajasthan set to take the solar crown in 2020
Norwegian analyst Rystad Energy has predicted the stop on PV tenders in Karnataka will see Rajasthan become India’s leading solar state this year. The market research firm expects India to add only 10 GW new solar in 2020, however, and the same figure in 2021.
India and German development lender to launch rooftop solar scheme
Program aims to drive down the cost of solar electricity to a maximum of Rs2.50/kWh in a nation where tariffs vary wildly from state to state.
