Solar tariffs to rise 21% over the next 12 months
Solar tariffs will likely increase to INR 2.95 ($0.039)/kWh in the next 12 months, mainly due to the 40% basic customs duty on imported solar modules.
India added 3 GW of solar in the first quarter
The solar capacity addition was led by Rajasthan, which accounted for 52% of 2022’s first quarter PV installations.
Higher solar module prices: rainy days ahead for developers?
CareEdge Ratings has analyzed the key drivers of rising PV module prices and the impact on projects in India. It has also assessed the tariffs expected in upcoming bids, to ensure that developers get the same returns they were previously getting.
ReNew Power signs deal for INR 50,000-crore renewables, storage project in Karnataka
Developer ReNew Power will invest INR 50,000 crore ($6.5 billion) in solar, wind, hybrid generation, battery storage, and green hydrogen projects over a period of seven years.
Sungrow equips Tata Power battery storage project in Ladakh
Chinese inverter maker Sungrow is supplying its SC2500UD power conversion system and ST2752UX liquid-cooled energy storage system to Tata Power Solar for an integrated battery energy storage project in Ladakh.
Have your say on the future of automation in solar O&M
Cost efficiency while maximizing power output is the name of the game in solar project development and asset management. And the automation of the provision of utility scale solar operations and maintenance (O&M) is fast becoming one of the most compelling opportunities. Help shape the future of automation in solar O&M by completing this first-of-its kind survey.
Kerala discom to procure 150 MW of solar power
Solar power generators have until May 30 to lodge their interest in supplying electricity to Kerala State Electricity Board on a short-term basis.
Tata Power to add 7 MW of rooftop solar at Tata Motors plant in Pune
Tata Motors’ passenger car manufacturing plant in Pune, Maharashtra, will house India’s largest solar project at a factory, at 17 MW.
Mahindra Susten commissions 175 MW of solar in Rajasthan
Mahindra Susten has switched on 175 MW (AC) of its 250 MW solar project in Bikaner district, Rajasthan. The massive installation, which uses bifacial modules, will supply electricity to Solar Energy Corp. of India over a period of 25 years at a price of INR 2.54 ($0.03)/kWh.
Amp Energy commissions 45 MW open-access solar project
Developer Amp Energy has completed a 45 MW corporate solar project within the scheduled timelines. The project will supply electricity to Cipla, Eternis Fine Chemicals, and Jubilant Ingrevia.
