Cleansolar Renewable Energy, Divine Solren and Neo Solren—all of which were formed to set up and operate solar plants in Telangana—would be sold for around Rs 340 crore. The transaction is expected to be completed by May 31, 2020.

Lobby group the National Solar Energy Federation of India says around 4 GW of solar plant capacity is likely to be affected by component shortages after the outbreak of the virus in China.

The projects—to be established on a build, own, operate basis—will be awarded through e-bidding and a reverse auction with a tariff ceiling of Rs 2.78 per kWh. Bidding closes on March 19.

By offering 410 KWh of cumulative battery capacity for a total cost of Rs2.51 crore, the state-owned engineer and manufacturer emerged winner in the auction which saw overwhelming response from both Lithium-ion and advanced lead-acid storage providers.

Coming up at Moda village in Valsad district, this will be Waaree’s third solar modules investment in Gujarat after Surat and Umargam plants.

Leveraging Triton Solar’s battery technology and Ushva’s experienced team from IIT Bombay, the strategic alliance aims to develop one-of-a-kind car with the longest travel range on a single charge and unique user experience.

At 58 GW, the state of Maharashtra has the greatest potential to generate solar energy through floating PV or ‘floatovoltaics,’ according to a study by The Energy and Resources Institute.

Tariff ceiling is fixed at Rs 4 per unit for ground-mounted, grid-connected solar projects that will come up across four regions of the state. The projects are to be developed on build-own-operate basis for supply of power to Assam Power Distribution Company Limited for a period of 25 years. Bidding closes on February 21.

Having bagged 2.250 MW capacity in January, the Gujarat-based power generator has won four more solar projects—900 KW for JPB Fibers, 675 KW for N.J. Textile Industries, 135 KW for N.J. Texturisers and 950 KW for Sailaxmi Tex—aggregating to a capacity of 2.66 MW.

Delay in sourcing of PV modules from China can cause project cost and time overruns, inviting penalties for missing the commissioning date.