The Gujarat-based power generator, which aspires to cross 100 MW capacity milestone in 2019-20, has touched 40.75 MW as an independent power producer and close to 4 MW as captive power producer.
Mumbai investor Edelweiss Group will gain a controlling stake in the generation assets in a deal which Engie says will allow it to reduce its debt by Rs3,160 crore.
Compliance to revised IEC standards allows the ATUM roof with integrated solar panels to chart markets in over 50 countries.
Power distribution reforms and scaling up of solar adoption among MSMEs through captive renewable energy policy and comprehensive Credit Guarantee Mechanism are among measures expected from the budget.
India’s largest private-sector thermal power producer—which ranked as the sixth largest solar player globally in 2019—will invest over 70% of its budgeted Capex for the energy vertical into clean energy and energy-efficient systems to fuel its transformation.
Bidding closes on February 10 for the solar systems that are to be set up on turnkey basis. Completion period is eight months from the award of contract.
The Mumbai-based solar EPC solutions provider has to its credit 9.2 GWp of solar power projects (commissioned and under construction) globally, including 3.05 GWp in the MENA region.
The combined use of trackers and bifacial modules can result in significant power gains, but they are not distributed equally. For single-axis tracking R&D teams, the process of optimizing the output from arrays that use bifacial modules requires experimentation and a steep learning curve in terms of what is going on underneath the module.
The land required to meet India’s 2022 renewable energy target ranges from approximately 55,000 to 125,000 km2, or areas roughly the size of Himachal Pradesh or Chhattisgarh, respectively. This much land is likely to impact 6700–11,900 km2 of forest land and 24,100–55,700 km2 of agricultural land. The good news is that India’s already degraded lands have the potential of 1789 GW, which is more than ten times the 175 GW target.
The developer won 9 MW under RESCO mode. Other major winners include SunSource with 8 MW, Ampsolar and Varp (5 MW each), and Hero Future and HFM Solar Power (4.075 MW each).
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