1.7 MW solar project with storage tendered for Andaman & Nicobar Islands
Rajasthan Electronics & Instruments Limited (REIL) has invited bids for setting up of 1.7 MW (AC) grid-connected solar PV projects with battery storage in Andaman & Nicobar Islands. The projects—to be implemented on turnkey basis in Havelock Island (Swaraj Dweep) and Neil Island (Shaheed Dweep)—would be awarded through competitive bidding followed by reverse auction.
Li-ion battery prices fall to $187/kWh
The benchmark levelized cost of electricity (LCOE) for lithium-ion batteries has fallen to $187 per kilowatt-hour since the first half of 2018. The overwhelming cost improvement is making batteries paired with solar or wind projects challenge coal- and gas-fired generation for grid stability, according to BloombergNEF (BNEF).
The big read: Equipment suppliers’ solar storage synergy
As lithium-ion battery sales boom, suppliers of equipment for manufacturing photovoltaics are branching out into the storage industry. Are these ventures leading them to bankruptcy or to a breakthrough in storing solar energy?
Cabinet approves five-year plan for EV battery manufacturing
Aiming to localize production across the electric vehicle value chain, the government will support battery manufacturing at a gigawatt-scale. The initial focus will be on large-scale module and pack assembly plants by the next fiscal year, followed by integrated cell manufacturing by 2021-22.
Analysis: Siemens’ move for Kaco unlikely to threaten Indian jobs
The German giant – which manufactures central inverters near Mumbai – announced plans last week to acquire Kaco and start a new smart infrastructure business from April 1. In light of those moves, pv magazine spoke to IHS Markit’s Cormac Gilligan about the new kid, albeit huge, on the block.
SECI goes into overdrive with 6 GW tender plans announced in five days
The organization responsible for coordinating India’s push for 100 GW of new solar capacity by 2022 has had a busy week. But, as last year illustrated, tenders alone are not always a guarantee of new generation assets.
Siemens bids to take over fellow inverter maker Kaco
The German powerhouse – which makes central inverters for PV projects in India – wants to complete the acquisition by July. Indian employees will be hoping target company Kaco’s disposal of its central inverter operation last month will avert job losses by removing any potential overlap between the manufacturers.
20 MW floating solar-plus-60 MWh storage tendered for Lakshadweep
The Solar Energy Corporation of India has invited bids for the development of an aggregate capacity of 20 MW of lagoon-based floating PV with 60 MWh of battery-based storage systems in the Union Territory of Lakshadweep.
Sterlite Power forays into grid-connected battery storage
The power transmission infrastructure developer has submitted bids for two battery energy storage projects, with a cumulative capacity of 400 MW, in the recently concluded auction of Salt River Project utility in Arizona, USA.
India a $50 billion market for energy storage: AES
Given its ambitious goal of 175 GW renewable power by 2022 and push for electric mobility, the country presents a potential investment opportunity of $50 billion in battery storage facilities.
