Uma Gupta
SECI launches 1.5 GW solar tender
Solar Energy Corp. Of India (SECI) has invited bids to develop 1.5 GW of solar PV power projects on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission system. Bidding closes on Jan. 31.
“Solar module prices are likely to remain subdued in the near term”
Vikram V, vice president & co-group head-corporate ratings, ICRA Ltd, speaks to pv magazine about falling solar cell and module prices, its impact on the Indian pv manufacturers, and way forward.
Adani Energy Solutions to build 7 GW renewable energy evacuation transmission network
Spanning over 300 km, the INR 3,000-crore transmission project will evacuate 7 GW of energy from Gujarat’s Khavda RE park into the national grid
Major trends in the Indian solar PV sector
The Indian solar PV sector is experiencing transformative trends, driven by a combination of technological advancements, government support, and a growing awareness of the need for sustainable energy sources. The rapid expansion of solar capacity, coupled with innovations such as floating solar farms and green hydrogen production, paints a promising picture for the future of renewable energy in India.
Hinduja Renewables wins 140 MW solar power project in GUVNL tender
Hinduja Renewables will develop 140 MW of solar power projects to supply power under a 25-year power purchase agreement with GUVNL. The project can be located anywhere in India.
Adani Green completes 1,050 MW renewables transfer to TotalEnergies JV
Adani Green Energy Ltd has sold half the stake in its 1,050 MW of renewable energy projects to TotalEnergies, raising $300 million to support the development of these assets. The projects are now owned by a joint venture between the two companies.
Promoters to invest $1,125 million equity in Adani Green
Adani Green Energy Ltd stated the funds will be utilized for deleveraging and accelerated capital expenditure to achieve 45 GW of renewable energy capacity by 2030.
Hartek secures 400 kV substation order for SPRNG Energy’s 300 MW solar plant
The substation will support a 300 MW solar power plant at Ramsan Village in the Indian state of Gujarat.
Adani Green concludes PPA tie-up for entire 8 GW of solar capacity won under SECI’s manufacturing-linked tender
With the signing of the balance 1,799 MW PPA recently, Adani Green Energy Ltd has completed the power offtake tie-up for the entire 8 GW of PV projects secured under Solar Energy Corp of India’s manufacturing-linked tender.
PFC Consulting allocates 1.25 GW of solar for $0.030/kWh
NTPC Renewable Energy has secured 900 MW in PFC Consulting’s 1.25 GW solar auction. Acme Cleantech won 300 MW and Solarcraft 50 MW.
