Telecommunications Consultants India (TCIL) has issued an expression of interest to select EPC partners as it intends to bid for the 5 GW grid-connected solar capacity tendered for state-run generators. Installers have until March 24 to lodge their interest with TCIL.
The Chinese manufacturer commanded a 17% share of the total 3268 MW of rooftop PV inverter shipments in India in the January-December 2020 period.
In India, the lack of suitable fiscal incentives and relevant experience, combined with high upfront capital costs, has hindered the adoption of battery energy storage systems (BESS) in comparison to other developed countries. However, there is potential for the country to take the lead.
As of 2020, only 13 cities in India had renewable energy targets and/or policies in place. These cities, however, are home to a significant 67.6 million people.
Bids are invited to install and commission off-grid solar power plants in sizes varying from 500Wp to 50,000Wp.
Asian Development Bank’s new venture arm ADB Ventures, which invests in technology startups disrupting traditional sectors in the Asia Pacific, has made its first investments into the Indian startups Euler Motors and Smart Joules.
The company has bagged an order from an aluminium producer to strengthen the power infrastructure at its plant in Chhattisgarh.
With non-solar park auction yielding a much lower tariff of INR 1.99/kWh, the Gujarat Urja Vikas Nigam Limited (GUVNL) has retendered the capacities for fresh tariff discovery. Bidding closes on April 12.
The installation cost is set to increase as a 40% customs duty on solar modules, and 25% on cells, comes into effect from next year.
The company has signed an agreement with Cleantech Solar for a PV project with a capacity of more than 100 MW. The project—to be delivered in three phases—is expected to be completed within this year.
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