The floating solar plant is located in the Murshidabad district of West Bengal. It is built upon a raw water pond of the Sagardighi thermal power project owned by The West Bengal Power Development Corp. Ltd (WBPDCL).
An Institute for Energy Economics and Financial Analysis (IEEFA) report says the sale of power in the futures market will benefit renewable energy developers and distribution companies alike.
The solar capacity is to be developed on a build-own-operate basis in the Jiribam district. Bidding closes on July 9.
Stanford University’s StorageX Initiative brings together academia and industry to tackle the dominant challenges in energy storage. ReNew’s collaboration with StorageX will initially focus on large-scale battery performance in India.
Developers have until July 8 to bid for setting up the rooftop solar capacity in RESCO mode. The plants shall come upon various government and private buildings in the State.
State-owned power generators now have until June 15 to bid for setting up the capacity under the CPSU Phase II Scheme that allows the use of only India-made cells and modules for the projects. The selection would be made on the basis of the viability gap funding requirement per MW quoted by them to cover the cost difference with imported solar cells and modules.
The company expects the first phase of growth in the Indian electric vehicle market coming from commercial vehicles. It has been quick to capitalize on the opportunity by partnering with Switch Mobility, the electric vehicle arm of commercial vehicle major Ashok Leyland.
The Global Green Growth Institute (GGGI), technical partner for the project, has also helped mobilize finance. The plant will help meet electric vehicle charging and other energy requirements on the highway.
The capacity—to be set up on a build, own, operate basis—will be installed on vacant railway land. Bidding closes on August 26.
The Gujarat-based solar panel maker will buy the production equipment from China’s Jinchen Machinery. Solex also has plans for a 1 GW cell line.
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