India’s top 10 renewable players claim over 60% of projects, says CEEW-IEA study

Despite this, at least half the companies among the top 10 – in terms of shares of projects sanctioned – changed every year between 2014 and 2017. International independent power producers (IPPs) accounted for around 45% of the sanctioned projects in solar parks. Around 35% of the park projects were awarded to IPPs registered in Mauritius, where companies benefit from preferential taxation.

India invites 2.5 GW bids for ISTS-connected wind-solar hybrid projects

The projects are to be developed on a build-own-operate basis for an aggregate capacity of 2,500 MW. The eligible bid capacity is 200-500 MW, with a project capacity of at least 50 MW at one project site. The maximum tariff payable to each project developer is fixed at Rs 2.93/kWh for the entire term of 25 years.

The economic case for corporate solar PPAs in India now compelling

India saw 1.8 GW of corporate solar power purchase agreements in place by the end of 2017. There was a rush of installations for PV projects due to open access waivers. The market is expected to contract slightly this year as waivers are rolled back, but there will be sustained market growth through 2023.

Waaree triples solar panel capacity with a new plant in Gujarat

Waaree Energies has set up a 1 GW solar PV panel plant in Vapi, which is in addition to its existing 500 MW plant in Surat, Gujarat. The company intends to further increase capacity to 2 GW. Among other key developments, it has partnered with third-party equipment suppliers to manufacture batteries

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Gujarat Borosil to invest INR 4.35 billion in solar glass

With this investment, the company plans to more than double its manufacturing capacity of tempered solar glass from 180 tonnes per day to 400 tonnes by 2020. Currently, it meets 30% of India’s demand for solar glass. With the expansion, it aims to become the market leader by catering to about 60-70%.

Is SoftBank’s $100 billion investment in Indian solar realistic?

While news of Japan’s SoftBank announcing up to USD 60-100 billion investment in India’s solar PV power generation is creating ripples across the industry circles, industry analysts feel that the committment sounds unrealistic in view of India’s current PV market status and future needs.

India saw more utility-scale PV tenders in Q1 2018 than in entire 2017 – Bridge To India

India saw the issuance of 13 new utility-scale solar PV tenders totaling 11,945 MW in the quarter ending March 31, 2018, which is 68% more than in the entire of 2017. However, tender capacity for rooftop solar PV (greater than 1 MW in size) was down 50%, at 102 MW.

BHEL wins INR 1.25 billion worth of solar PV plant orders in Gujarat

The first order for installing a 20 MW PV power plant has been placed by Gujarat Alkalies and Chemicals Limited (GACL), while the other, for a 10 MW PV power plant, has been received from the Gujarat State Fertilizers and Chemicals Limited (GSFC). Both of the solar PV power plants will be installed at the Gujarat Solar Park in Charanka, Gujarat.

Cabinet approves Phase III of off-grid and decentralized solar PV applications programme

Continuation of the programme will help India to achieve additional 118 MWp off-grid solar PV capacity by 2020. The total project (including solar street lights, standalone solar PV plants and solar study lamps) will cost Rs 18.95 billion, of which Rs 6.37 billion will be provided as central financial assistance

India: The first solar plant bid at INR 2.44 expected to go live in August

The Indian Ministry of New and Renewable Energy (MNRE) says the nation will exceed 175 GW of installed renewable energy capacity as plans for bidding for 115 GW of renewable power projects to March 2020 were announced. The target for PV parks has been increased from 20 GW to 40 GW with some 41 parks in 21 states – with aggregate capacity of more than 26 GW – already sanctioned.

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