Larsen & Toubro secures 1.5 GW solar EPC order in Saudi Arabia
The 1.5 GW Sudair Project is Saudi Arabia’s largest solar plant with power purchase agreement signed. It is also one of the world’s largest PV plants.
The long read: The feasibility of India’s solar auctions
The offtaker’s creditworthiness, the ease of land acquisition, infrastructure readiness, policy consistency and clarity, and access to low-cost funds are among the key determinants for the success of large-scale PV auctions in India, writes Uma Gupta in New Delhi.
New report says India nearing 7 GW of rooftop solar
Bridge To India’s latest report shows India installed a cumulative rooftop solar capacity of 6,792 MW as of December 31, 2020. Capital expenditure (capex) model, wherein consumers own the system, accounted for a majority of this capacity (72%).
Saudi Arabia’s second PV tender draws world record low bid of $.0104/kWh
The record low price was offered for the 600 MW Al Shuaiba PV IP project, which competed in the second round of the country’s procurement scheme for renewable energies.
MNRE invites EoIs for installation of innovative solar pumps
The innovators will be required to showcase their technologies in actual field conditions. The shortlisted ones will be empanelled and allocated sites for installing solar pumps under the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme.
ReNew Power commissions 110 MW solar project in Rajasthan
The solar farm benefits from a power purchase agreement with the Solar Energy Corporation of India at an INR 2.49/kWh (US $0.034/kWh) tariff. The electricity generated will be supplied to the state Discom of Rajasthan.
Madhya Pradesh tenders 41 MW of grid-connected rooftop solar
Madhya Pradesh Urja Vikas Nigam Ltd has issued a tender to develop an aggregate 41 MW of grid-connected rooftop solar capacity in Madhya Pradesh. The RESCO mode capacity shall come upon the buildings of different government departments and private institutions. The ceiling tariff is fixed at INR 4/ kWh. Bidding closes on May 5.
Unsigned PPAs halting India’s renewable energy growth
Nearly 19 GW of renewable energy capacity tendered by the Solar Energy Corporation of India (SECI) is on hold due to electric distribution companies’ unwillingness to sign the power purchase agreements. Manufacturing-linked solar projects alone account for a 63% share of the capacity in limbo.
Technique Solaire commissions its first rooftop solar power plant in India
The French developer’s Indian arm has commissioned part of its 675 kW AC rooftop solar PV plant at the Goa Institute of Management (GIM) campus in Goa.
Uttar Pradesh extends bidding for 75 MW grid-connected solar
Developers now have until April 15 to bid for setting up the capacity on a ‘build-own-operate’ basis. The capacity shall come up in the Uttar Pradesh Solar Park.
