Uma Gupta
SJVN awarded 75 MW solar project in Uttar Pradesh
The State-owned hydropower producer will sell the electricity generated from the solar project to Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) under a 25-year power purchase agreement. Tariff is fixed at INR 2.68/kWh (US$0.037/kWh).
Renewable energy certificates worth over INR 9,000 crore sold to date
A new report stresses on rebooting the renewable energy certificate (REC) trading for a balanced energy transition in India. It proposes measures to make RECs more appealing to stakeholders and prepare the market for the possible supply crunch in the future.
India again ranked the world’s most attractive solar market by Ernst & Young
The nation maintained the highest score of 62.7 for solar in the latest edition of Ernst & Young’s renewables attractiveness index. It ranked third for overall renewable energy investment.
IREDA amends 5 GW solar tender
The Indian Renewable Energy Development Agency has extended the bidding to May 31 and amended the ceiling tariff, maximum viability gap funding, and commissioning timeline for the solar projects.
India’s utility-scale solar installations fell by 39% in FY2021
During the fiscal year 2020-21, India installed utility-scale solar projects amounting to 3.5 GW, about 39% less year-on-year.
Ciel & Terre completes India’s largest floating solar plant
The 14.7 MWp project, developed for Southern Petrochemical Industries Corporation (SPIC) Limited, uses an aggregate 37,632 number of 390Wp PV panels and spans an area of 15.6 hectares.
Adani Green to buy SB Energy’s 5 GW renewable portfolio in India
The Indian developer has agreed to acquire a 100% interest in SB Energy’s India renewable portfolio for approximately US$3.5 billion (INR 26,000 crore). The assets, totaling 4,954 MW, are spread across four Indian states.
Rooftop solar uptake in India: Challenges and way forward
Poor and piecemeal implementation of net metering policies is a major roadblock for the uptake of rooftop solar system in India, according to a new report by Asian Development Bank.
ReNew Power to set up 2 GW mono PERC solar factory in Gujarat
The vertically integrated factory, located in the Dholera Special Industrial Region, will produce 2 GW of mono PERC solar cells and modules annually. Production is expected to start from the next fiscal year.
Uttar Pradesh tenders 106 MW of solar under KUSUM program
Solar power generators have until June 15 to bid for the development of projects on a build-own-operate basis. The ceiling tariff payable for the electricity generated has been fixed at INR 3.10/kWh.
