NTPC tenders for 735 MW solar project in Rajasthan
Bidders have until February 22 to lodge their interest to develop the PV capacity that shall come up in three blocks of 245 MW each at Nokh Solar Park.
Union budget: Customs duty rise for solar inverters but modules spared
Imported solar inverters and lanterns will get costlier, as the union budget for the next fiscal year has proposed customs duty increases from 5%, for both items, to 20% and 15%, respectively. The budget, which also incentivizes Indian manufacturing of solar project components whilst giving a helping hand to raw materials, makes no mention of solar cells or panels.
Uttar Pradesh tenders for 275 MW grid-connected solar
Global bids are invited to build 275 MW of grid-connected solar capacity in Uttar Pradesh Solar Park. The projects are to be set up on a build-own-operate basis. The tariff ceiling is fixed at INR 3.25/kWh for the 25-year power purchase agreement duration.
Financing large scale renewables in emerging economies
pv magazine has taken part in a webinar examining the thorny issue of financing clean energy generation in developing markets.
Adani Green commissions 100 MW solar capacity in Uttar Pradesh
The solar capacity—comprising two plants of 50 MW each—were completed ahead of schedule despite adverse conditions amidst Covid-19. The plants benefit from 25-year power purchase agreements with Uttar Pradesh Power Corporation Limited, at INR 3.22/kWh and INR 3.19/kWh, respectively.
State power companies invited to develop 5 GW of solar
The PV projects—tendered under the Central Public Sector Undertaking scheme—will be entitled to government support through viability gap funding, with the level of VGF awarded determined by reverse-bidding auctions for the project capacity.
The long read: Compressed air storage to be more than just hot air in Israel
Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.
Powering to empower rural India
Smart Power India, a subsidiary of US-based impact investor The Rockefeller Foundation, was established in India in 2015 with the aim of extending power to those without sufficient access to reliable and quality electricity. Jaideep Mukherji, CEO, Smart Power India, speaks to pv magazine about their work in India and way forward.
Tata Power secures Gujarat solar project worth INR 460 crore
Following NTPC’s 320 MW project, Tata Power has won the order to build 95 MW of ground-mounted solar PV project for Gujarat State Electricity Corporation Limited (GSECL). The order value of the project is around INR 460 crore ($63 million).
Tesla sharpens focus on solar
In an earnings call this week, Tesla CEO Elon Musk boldly claimed that the company will soon be “the market leader in solar.”
