Installations

India Ratings says the power demand declined for March and April 2020, taking a hit on generation from thermal sources as renewables continued to enjoy ‘must run’ status.

A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.

The Central Electronics Limited (CEL) seeks to empanel balance-of-system (BOS) suppliers for compact solar power packs ranging from 1 kWp to 5 kWp. The empaneled vendors shall also be responsible for installation and commissioning of the packs at four locations—in and around Pune, Chennai, Delhi National Capital Region and Sahibabad.

Electroluminescence imaging is gaining traction in the field at project sites for operations and maintenance and to support PV plant mergers and acquisitions. EL testing can help PV asset owners evaluate power plant system health and can predict potential future underperformance and failures. Tristan Erion-Lorico, the head of PVEL’s module business, and dowstream business chief Andrew Sundling discuss the outlook for this enabling technology.

Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.

Liquidity of solar generators remains largely unaffected as they have been receiving payments from Discoms regularly. Azure and Adani Green Energy restricted groups, in particular, have comfortable liquidity position and will be able to meet their mandatory expenditure in the next six to 12 months.

Developers have until June 30 to lodge bids to develop plots of solar capacity across the national rail network paying no more than Rs2.71/kWh for the electricity generated under a 25-year contract.

Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.

The Delhi-based end-to-end rooftop solar company is looking to eventually raise Rs 250 crore ($35 million) as it plans to improve its technology infrastructure further, scale up the service offerings, and expand to newer geographies, including parts of Middle East, Asia Pacific and Africa.

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%).