The state—which has already installed an aggregate 9.6 GW of renewable energy capacity as of FY 2019-20 end—will add another 22.6 GW to the grid by the end of FY2029-30. Of the new RE addition, 18 GW will come from solar capacity.
Faced with raw material and labor shortages, solar manufacturers have stressed the need to find alternative supply chains and to push automation and internet of things applications on the factory floor to keep production running.
The Hyderabad-based developer will use the funding from Swiss impact investor Symbiotics and Dutch banking majors Triodos and ASN to construct around 150 MW of new solar assets.
Bridge to India figures show dominance of Chinese inverters, which supplied almost 80% of installs from July last year to the end of June.
Developers now have until September 23 to lodge bids for the 110 MW procurement round and can toss their hat into the ring for a new tender in the district of Jamnagar which closes on October 5.
The U.S. based researchers said linking solar with hydro in a full hybrid system configuration may result – at best – in the deployment of 7,593 GW for an estimated annual power generation of 10,616 TWh and a 20% reservoir coverage. And combining solar with hydro in this way brings further benefits, including improved system operation at different time scales, more opportunities for storage thanks to pumped hydro, increased utilization rates of transmission lines, reduced PV curtailment, and lower interconnection costs and water evaporation.
The company cited delay in sale completion of Neo Solren as the reason for the pact’s cancellation with CLP India. The subsidiary was formed to set up and operate solar plants in Telangana.
The tracked green finance for climate mitigation was an average Rs 124 thousand crore (US$19 billion) for FY 2017 and FY 2018, representing only about 10% of what the country required.
The ground-mounted, grid-connected project—to be developed in turnkey mode—shall be awarded through international competitive bidding followed by reverse auction. Bidding closes on October 27.
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