Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
June 11 is the new deadline to bid for supply of the balance-of-system (BOS), installation and commissioning of 735 (3×245 MW) Nokh Solar Park project in Jaisalmer district.
The artificial intelligence powered inverter and PV management solution—which powers over 96% renewable capacity installed by Adani Green Energy—was also used for the 50 MW solar plant commissioned recently in Rajasthan.
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
China’s Growatt emerged as the largest rooftop solar inverter supplier, claiming around 21% of the 1534 MW market, followed by rivals Solis (18%) and Sungrow (17%).
Bids can now be submitted till May 29 for supply and installation of the inverter-transformer package for the power generator’s Solapur solar project in the state of Maharashtra.
Bidding closes on April 29 for supply and installation of minimum cumulative capacity of 23 MVA, which is to be installed for the power generator’s Solapur solar project in the state of Maharashtra.
The Chinese inverter manufacturer will supply its 1500V 3.125 MW central inverter solution for Indian developer Avaada Energy’s upcoming PV projects in India.
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