Adani Green commissions 100 MW solar capacity in Uttar Pradesh
The solar capacity—comprising two plants of 50 MW each—were completed ahead of schedule despite adverse conditions amidst Covid-19. The plants benefit from 25-year power purchase agreements with Uttar Pradesh Power Corporation Limited, at INR 3.22/kWh and INR 3.19/kWh, respectively.
Electric vehicle transition presents US$266-billion investment opportunity this decade
A new report by government thinktank NITI Aayog and Rocky Mountain Institute (RMI) identifies financing as one of the hurdles for India’s electric mobility transition. It proposes solutions to lower the cost and increase finance for electric vehicles in the nation.
State power companies invited to develop 5 GW of solar
The PV projects—tendered under the Central Public Sector Undertaking scheme—will be entitled to government support through viability gap funding, with the level of VGF awarded determined by reverse-bidding auctions for the project capacity.
The long read: PV in the water-energy-food nexus
Sector coupling may be somewhat of a buzzword, but it also points to opportunities for PV beyond the power markets, which may quickly reach limitations during peak hours of irradiation. Combined energy, food and clean water production presents one such opportunity, with benefits for developers, utilities and communities.
Powering to empower rural India
Smart Power India, a subsidiary of US-based impact investor The Rockefeller Foundation, was established in India in 2015 with the aim of extending power to those without sufficient access to reliable and quality electricity. Jaideep Mukherji, CEO, Smart Power India, speaks to pv magazine about their work in India and way forward.
Tata Power secures Gujarat solar project worth INR 460 crore
Following NTPC’s 320 MW project, Tata Power has won the order to build 95 MW of ground-mounted solar PV project for Gujarat State Electricity Corporation Limited (GSECL). The order value of the project is around INR 460 crore ($63 million).
Tesla sharpens focus on solar
In an earnings call this week, Tesla CEO Elon Musk boldly claimed that the company will soon be “the market leader in solar.”
Vikram Solar commissions 140 MW PV project for NTPC
The EPC contractor said it is the largest solar plant by capacity commissioned so far in the state of Uttar Pradesh. The plant is estimated to generate 319 million units of electricity per year, which is enough to power 1,45,662 houses annually.
Tata Cleantech secures US$30-million from UK investor CDC
The investment will enable Tata Cleantech to provide loans for green projects, including e-mobility solutions as well as water and energy efficiency.
Maharashtra invites developers for 250 MW grid-connected solar
The 250 MW solar capacity is to be set up on a build-own-operate basis at Dondaicha Solar Park in the district Dhule. The tariff ceiling is fixed at INR 2.83/kWh for the entire power purchase duration of 25 years.
