BCD pass-through to benefit up to 6 GW of solar projects
Tariffs will rise by 50-70 paise/kWh for up to 6 GW of solar projects as developers are allowed to pass on the impact of basic customs duty on cells and modules under ‘change-in-law’.
SunSource doubles its solar energy target to 1 GW by 2027
The distributed solar solutions provider will be supported by a strengthened local management team to meet its installed PV target of 1 GW.
French startup reveals rooftop system with PV panels, mini wind turbines
French startup Unéole has developed a rooftop system that combines solar and silent wind turbines. It claims its system can produce 40% more energy than standalone rooftop solar arrays. It is now testing the device, with plans to commercialize it by 2023.
Ernst & Young again ranks India as world’s most attractive solar market
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
Maharashtra tenders 230 MW of distributed solar
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has started accepting bids to develop grid-connected, ground-mounted solar plants, ranging in size from 2 MW to 10 MW, in various districts of Maharashtra. The ceiling tariff is fixed at INR 3.30 ($0.041)/kWh, with bidding scheduled to close on December 16.
NLC extends bidding for 300 MW of solar in Rajasthan
Bids can now be submitted until December 2 to install and commission 300 MW of solar projects at Barsingar in the Bikaner region.
Tipping point for African C&I solar
With installers who cater to African businesses making the headlines this year, Jasper Graf von Hardenberg – whose C&I solar business was recently bought by Shell – explains here how the story of the continent’s commercial and industrial (C&I) solar segment was far from an overnight success.
NHPC records its highest-ever half-yearly net profit
The state-owned hydropower producer, which has also diversified into the field of solar and wind power, has reported a net profit of INR 2,483 crore ($307 million) for the half-year ended Sept 30, 2022–a 12% jump year-on-year.
International Solar Alliance launches innovation challenge in Africa
SolarX Grand Challenge aims to promote entrepreneurship and innovation and discover local solutions to meet the energy gap through solar energy solutions in the African region.
SJVN wins 83 MW floating solar project in Madhya Pradesh
The state-owned hydropower producer won the 83 MW floating solar project at a tariff of INR 3.70 ($0.046)/kWh, in a competitive auction conducted by REWA Ultra Mega Solar Ltd.
