Surge in solar panel and polysilicon prices may impact projects in India
Modules represent 45 to 55% of the project capex. In a very competitive market like India, independent power producers have lower margins, and even a modest increase in module prices will put more pressure on them.
Acme retracts decision to abandon 600 MW solar in Rajasthan
A fresh petition filed with the regulator Central Electricity Regulatory Commission (CERC) shows the clean energy developer is not seeking discharge from the 2×300 MW solar project won at an INR 2.44/kWh (US$ 0.033/kWh) tariff in 2018.
BHEL commissions 5.4 MWp floating solar plant in West Bengal
The floating solar plant is located in the Murshidabad district of West Bengal. It is built upon a raw water pond of the Sagardighi thermal power project owned by The West Bengal Power Development Corp. Ltd (WBPDCL).
Electricity derivatives will offer power offtake certainty for renewable investors
An Institute for Energy Economics and Financial Analysis (IEEFA) report says the sale of power in the futures market will benefit renewable energy developers and distribution companies alike.
Manipur tenders 50 MW grid-connected solar
The solar capacity is to be developed on a build-own-operate basis in the Jiribam district. Bidding closes on July 9.
Punjab tenders 5 MW rooftop solar
Developers have until July 8 to bid for setting up the rooftop solar capacity in RESCO mode. The plants shall come upon various government and private buildings in the State.
IREDA extends bidding for 5 GW solar under CPSU Phase II
State-owned power generators now have until June 15 to bid for setting up the capacity under the CPSU Phase II Scheme that allows the use of only India-made cells and modules for the projects. The selection would be made on the basis of the viability gap funding requirement per MW quoted by them to cover the cost difference with imported solar cells and modules.
A repair tape for cracked backsheets
Backsheet failures have plagued the industry, causing hefty financial burdens to many asset owners. DuPont has launched a product it says allows for easy repair of modules.
GGGI supporting 250 MW solar plant along Mumbai-Nagpur highway
The Global Green Growth Institute (GGGI), technical partner for the project, has also helped mobilize finance. The plant will help meet electric vehicle charging and other energy requirements on the highway.
Indian Railways tenders 740 MW of ground-mounted solar
The capacity—to be set up on a build, own, operate basis—will be installed on vacant railway land. Bidding closes on August 26.
