The solar plant, located in Telangana, benefits from a 25-year power purchase agreement (PPA) with the State discom at a fixed tariff of approx. INR 5.35/kWh. It has a remaining useful life of approx. 20 years.

RK Singh, India’s power minister, and president of the International Solar Alliance (ISA) Assembly, called on nations to support solar investments in developing and under-developed regions, including Africa, through low-cost finance and credit guarantee fund.

Supply demand mismatch is the most crucial factor which is directly or indirectly leading to an increase in module prices. At present, demand (especially for poly-Si) far outstrips the supply. A balance between the supply and demand is essential for stabilization of solar module prices.

The nation installed 12,438 MW of solar (10,217 MW utility-scale and 2,221 MW rooftop) and 1,111 MW wind during the 12 months ending March 31, 2022. The record addition was mainly due to the completion of projects delayed from the previous year.

A new report from IEEFA says green ammonia could help India significantly reduce its trillion-rupee fertilizer subsidy bill and cut dependence on liquefied natural gas (LNG) imports for fertilizer production. The report looks at leading green hydrogen to green ammonia projects worldwide and reviews the cost competitiveness of producing green ammonia using various electricity inputs – grid electricity, round-the-clock renewable power, and solar power plus batteries. It also looks at the policy interventions required for green hydrogen and ammonia projects.  

Punjab-based ST Cottex India is getting a 5 MWp rooftop solar plant installed at its yarn manufacturing unit in Ludhiana. Mumbai-based EPC solutions provider Roofsol Energy is doing the ‘OPEX’ mode installation.

Librestream’s Onsight solution provides a fully-collaborative environment between remote experts and field technicians, helping to resolve issues at the solar plants quickly and remotely.

Domestic bids are invited to develop a 10 MW of grid-connected battery energy storage system (BESS) project at NTPC Ramagundam power station on a turnkey basis. The plant should have 40 MWh (10 MW x 4 hours) of storage capacity. Bidding closes on May 23.

The State has reached 5,152 MW of installed renewable energy capacity, including 2,444 MW of wind, 2,490 MW solar, 119 MW biomass, and 99 MW small hydropower.

Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender to procure up to 500 MW of solar power from non-park-based PV projects and an additional 500 MW under the Greenshoe option. Bidding closes on May 18.