An aggregate 2198 MW AC of solar capacity is now operational by the developer which aims to become the world’s largest solar player by 2025.
Over 21.6% or 3 GW of solar and wind installations will get delayed due to supply and labour disruptions caused by the ongoing Covid-19 lockdown, according to the analysts which in a January report forecast the country to add over 15 GW of renewable capacity this year.
Energy Efficiency Services Limited, which has already bagged orders for 800 MW of distributed solar installations in Maharashtra and 113 MW in Rajasthan, says it will roll out 1.5 GW of generation facilities by the end of the next fiscal year.
The company has won an order from Power Grid Corporation of India Limited to install 765 KV gas-insulated substation bays at Phagi in Jaipur district. With this installation, the state will be able to evacuate around 1 GW of additional renewable energy from three solar parks at Bhadla, Fatehpur and Bikaner to various beneficiaries.
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.
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.
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.
The project—located in Jodhpur district of Rajasthan—is being developed by the Indian developer’s special purpose vehicle Clean Solar Power (Jodhpur).
The Indian installer supplied panels for a commercial client in the U.S. who had been inspired by a trip to Rajasthan with his wife in 2008.
The Indian developer will hold majority 51% equity in the joint venture, while the balance will be held by GS E&C. The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV earlier this year.
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