PV installations in Q2 fall by half
In the second quarter, India installed solar projects amounting to 52% less capacity quarter-over-quarter, due to uncertainties around trade cases, module price fluctuations, and PPA renegotiations prompted by record low solar tender bids.
Government focuses on PV quality concerns
The award of the nation’s first solar project quality certificate may signal a renewed determination by the federal authorities to crack down on low-quality panels – with Far Eastern imports firmly in their sights.
Tata Power installs ‘world’s largest’ cricket stadium solar rooftop
Tata Power Solar has commissioned an 820.8 kWp solar rooftop at the Cricket Club of India (CCI), in Mumbai. It claims it is the world’s largest solar rooftop on a cricket stadium.
Nearly 8 GW of solar projects receive 6 month extension – MNRE
To ensure their continued viability, nearly 8 GW of solar PV projects have been granted an extension by the Ministry of New and renewable Energy (MNRE).
Historic low tariff for 35 MW rooftop solar tender
The recent 35.29 MW rooftop solar tender, floated by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) hit a historic low tariff of Rs. 1.58 (US$0.022) per unit. Overall, it attracted 31 bidders, and was oversubscribed by 630%.
Power regulator told to pass on changes in duties to consumers
A time-bound process would eliminate financial uncertainties for stakeholders – be it developers, lenders or the DISCOMs. It is a particularly big relief to solar PV power developers seeking pass-through for the impact of goods and services tax (GST) on project costs.
Funding the key obstacle to renewables in Asia
Banks categorize renewable energy projects as risky and believe they offer lower rates of return than fossil fuel schemes, making them reluctant lenders.
Uttar Pradesh, Haryana will lead open access solar by 2022
States such as Karnataka and Madhya Pradesh, which previously took the lead in terms of installed solar capacity, are likely to take a back seat on this issue, due to the rollback of incentives.
Almost 60 GW of new solar by 2023
A combination of national, state and public body commitments could see the amount of PV added nationally treble on the last four-year period. But even with a new 7-8 GW added, rooftop solar will still be bringing up the rear.
Cumulative grid connected solar capacity reaches 22 GW
According to the latest figures from the MNRE, cumulative grid-connected ground-mounted solar PV capacity has reached 22 GW in India, with 1.3 GW connected between this April to July. Module prices, meanwhile, are said to have come down “considerably”.
