While the timelines for PV power plant execution and completion of manufacturing facilities are now more realistic, production obligations – especially for capacity utilization – need to be revisited.
Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.
The farming sector offers the largest green energy innovation opportunity, with rice transplanting, pesticide spraying and grain harvesting together having a market potential worth $40 billion – says the Council on Energy, Environment and Water.
The nation installed 4.9 GW of solar, surpassing the USA – which installed 4.7 GW – to become the second largest solar market in the first half of the year, second only to China’s 24.3 GW.
November is the deadline for interested bidders, who will be permitted to use cells and modules with any origin in the plant, which is planned for Kayamkulam.
Factors including the ability to reach less credit worthy clients, standardised regulatory support and a rating mechanism for developers could promote rooftop solar uptake in India.
The bid submission deadline for the national 10 GW, inter-state PV project plus manufacturing tender is now November 12. According to officials, there are amendments to be made in the tender requirements, for which it is awaiting a ministerial mandate.
The lowest solar tariff, of Rs3.17 per unit, was quoted by the NTPC utility and Maheshwari Mining and Energy, for 140 MW and 20 MW of grid connected PV capacity, respectively.
Saurabhbhai Patel, Minister of Energy, Government of Gujarat, has announced that the state will soon issue a 250 MW grid-connected solar tender linked with storage. He also said that Gujarat will add more than 5 GW of new PV capacity in the next three years.
The recent 500 MW grid-connected solar capacity tendered by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) was oversubscribed by 250 MW. A reverse auction will now be held on October 9. The capacity is part of the previous 1 GW tendered capacity, which was oversubscribed by around 800 MW, but cancelled due to high tariffs
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.