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Highlights

Andhra Pradesh regulator approves solar power tariffs

The latest blow in the political battle between clean energy project developers and an anti-renewables state government has seen the electricity regulator order power distribution companies to honor PPAs signed after a public tender.

1

ICRA downgrades 1.9 GW of wind, solar projects amid headwinds

Continuing delays in payments from utilities, regulatory uncertainty on tariff matters and tight financing have hit the industry hard.

CEL tenders off-grid solar in 4 states

The hybrid solar plants (with battery bank) shall come up at 34 railway station sites in the 4 states of Uttar Pradesh, Rajasthan, Assam and Bihar. Bidding closes on October 30.

Captive solar plants, a lucrative proposition for growing MSMEs

By going for captive solar plants, MSMEs can not only contribute in addressing the challenge of global warming but also generate additional cash flows to their business. Ample funding is available for them to make the switch.

3

AC Energy and UPC Solar form new JV for Asia Pacific

The joint venture company targets the construction of over 1 GW portfolio in the next few years, with an initial focus on India, South Korea and Taiwan.

2

AEPPL signs Rs 4930-crore MoU for Li-ion battery plant in Gujarat

The joint venture between Japanese majors Toshiba, Denso and Suzuki aims to achieve annual production capacity of 30 million lithium cells by year 2025.

4

Ministry issues bidding guidelines for solar-wind hybrid projects

The Ministry of New and Renewable Energy has suggested minimum 25-year power purchase agreements and also opened up the option of including energy storage in solar-wind hybrid generation projects procured under its public tender regime.

Proposals invited for transnational projects on energy storage solutions

The aim is development of sustainable, integrated solutions for both short- and long-term storage. November 12 is the last date for submitting expressions of interest. Projects are expected to start before December 15, 2020.

1

Manufacturing-linked solar tender scaled up to 7 GW

Solar generation capacity aggregating to 7 GW—as against 6 GW earlier—will now be awarded against setting up of 2 GW of annual manufacturing capacity. Tariff ceiling has also been increased to Rs2.93/kWh, from Rs2.75, for a period of 25 years. Bids can be submitted till October 31.

2

EESL to install EV charging stations in BSNL’s Punjab Telecom Circle

Under the MoU, Energy Efficiency Services Ltd will make the investment on services along with the operation and maintenance of the public charging infrastructure, while the telecom operator would provide the space and power connections.

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