The President of India has approved total central financial support of Rs34,422 crore for the Kisan Urja Suraksha Evam Utthan Mahaabhiyan (KUSUM) rural solar scheme. Through the scheme, the government aims to add solar and other renewable capacity of 25.75 GW by 2022.
Brussels-based SolarPower Europe and the National Solar Energy Federation of India (NSEFI) have signed a Memorandum of Understanding (MoU) for cooperation on operation & maintenance (O&M), installation quality, digitalisation and storage.
Aiming to localize production across the electric vehicle value chain, the government will support battery manufacturing at a gigawatt-scale. The initial focus will be on large-scale module and pack assembly plants by the next fiscal year, followed by integrated cell manufacturing by 2021-22.
Project developers turned their back on a procurement exercise linked to projects at the Dholera Solar Park, after insisting the challenging terrain meant the electricity price ceiling stipulated by the state would make projects unviable.
The power generated by this project will be sold through long-term power purchase agreements (PPAs) to commercial and industrial customers.
The president of India has approved the Rs 8580 crore viability gap funding (VGF) support for state-run generators to set up 12 GW of solar projects using domestically-made equipment over the next four years.
Record-setting Acme Solar has secured a third of the latest procurement exercise in the state with a lowest bid of Rs2.48/kWh. The tender was oversubscribed by more than 100% as offers came in for 1,620 MW of capacity.
The Gurugram-based commercial solar player has installed a 736 kWp rooftop solar plant at Mandoli Jail in Delhi. The power generated from the plant—built on ‘pay-as-you-go’ model—will cost about 50% cheaper than grid electricity.
A state hamstrung by low irradiance, tough terrain and regular flooding is trying to move forward its energy transition. Previously, the largest solar project in Assam had a generation capacity of only 5 MW.
State-owned NLC India Ltd – formerly the Neyveli Lignite Corporation – has commissioned 150 MW of solar power projects at Ramanathapuram and Virudhanagar Districts of Tamil Nadu, taking its total installed solar power capacity in the state to 591 MW.
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