A tender for 1 kW to 1,000 kW grid-connected rooftop solar power plants at various locations in Telangana state has been released by Telangana Renewable Energy Development Corporation Ltd (TSREDCO).
West Bengal Power Development Corporation Ltd (WBPDCL) has tendered a 5 MW floating solar power plant at Sagardighi thermal power plant in the first phase.
The KREDL tender for a 55 MW solar project was won by a joint venture between Think Energy and EverStream Capital Management. The JV has also won 23.39 MW of rooftop capacity under a SECI auction.
Credit Suisse, a swiss financial services firm, is appointed as an advisor for the deal, and the total value of the transaction is estimated at around $180 million.
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.
Following a complaint from Indian glass specialist Gujarat Borosil ltd, the government has initiated an anti-dumping probe for the imports of solar glass.
India’s solar sector witnessed a huge growth in 2017. The country is close to 20 GW cumulative solar installation at the end of January 2018. Bridge to India has released several charts comparing renewable installations, tariff rates, and upcoming projects. The data shows India installed 8.5 GW utility-scale and 1.4 GW rooftop solar in 2017.
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