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India

The long read: Delaying derating

High solar irradiance and few cloudy days are ideal for solar. Fine dust and extreme heat is not – particularly when it comes to power electronics. As the distributed generation market segment emerges across hot climates, extreme conditions are a challenge inverter suppliers are grappling with.

Gujarat cancels 700 MW auction due to ‘high tariff’

Prices ranging from Rs2.84-2.89 have been deemed too costly by the state as the foreign developers who posted the lowest bids blamed high charges at the Raghanesda Solar Park where the projects had to be based.

Maharashtra’s 1 GW tender oversubscribed to the tune of 1.9 GW

Avaada Power and Adani lead the way with each bidding for half the 1 GW of capacity available, after the state distribution company raised the maximum tariff and extended the bid deadline.

Stable policy, varied financing options on solar industry’s budget wishlist

The solar industry seeks tailor-made financing options for end consumers, especially small and medium-sized enterprises (SMEs) and micro SMEs (MSMEs), in addition to supportive and stable government policies to ensure speedier progress.

Power outlook gloomy amid coal and solar woes

India Ratings and Research has maintained a stable-to-negative outlook on India’s power sector for FY2019-20 owing to issues such as slower resolution of the stressed [coal based thermal] capacity, domestic coal unavailability, and reluctance of DISCOMs to sign long-term power purchase agreements. The outlook is not sunny for solar either.

Government to launch Solar Energy Harnessing Centre at IIT Madras

Union Minister for Science & Technology, Dr Harsh Vardhan will launch the solar technology centre at IIT Madras on January 25, 2019. The Centre will focus on a wide range of research and development activities such as silicon solar cells that promise high efficiency and are suited for Indian conditions.

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Abu Dhabi’s Masdar in race to buy Hero Future stake

Abu Dhabi based Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.

Pranav Mehta, India’s ‘Solar Man’ and GSC head, talks solar strategies

From a metallurgical engineer to India’s CNG warrior and later, the country’s Solar Man, Pranav Mehta’s story reads like a series of ‘renewable’ steps. In the first of pv magazine India’s new personality interview series, editor Preeti Verma Lal talks to the Global Solar Council’s new head. He discusses what’s on the to-do list and the strategies needed to succeed.

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Rationalise external commercial borrowing norms, says NSEFI

The National Solar Energy Federation of India (NSEFI) has requested the Prime Minister’s Office to intervene and direct the Reserve Bank of India (RBI) to rationalise the new external commercial borrowing (ECB) framework, excluding repayment of rupee loans from the negative list.

Lone bid for 10 GW solar tender rejected

Delhi-based solar developer Azure Power had bid for a 2 GW project on a single site, as well as 600 MW of manufacturing capacity. According to reports, the government has rejected the bid, however, stating that the quoted price is unreasonable.

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