For 1.2 GW tender, Karnataka Renewable Energy Development Ltd (KREDL) had received bids only for 550 MW capacity. KREDL has now retendered the remaining 650 MW grid-connected solar PV project to be installed at Pavagada Solar Park in Karnataka.
New quarterly figures from Bloomberg New Energy Finance (BNEF) show that investments in solar PV arrays of less than 1 MW hit US$14.3 billion worldwide in Q1 against 10% year-on-year contraction in global renewable investments.
The Indian-headquartered EPC has set a June 2019 deadline for its plans to install 300 MW of new solar PV capacity in Vietnam, a market that is poised to boom over the next few years.
Technology multinational, Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
Freyr Energy has completed 640 kW of solar PV rooftop plants in Manipur, North East India, including a 100 kW off-grid battery powered system, for a total investment of around INR 50 million (around US$769,175).
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Through the company’s sun2fix open access solution, Inidan subsidiary of swiss-based renewable firm will install a 7MWp solar PV power plant in Solapur district of Maharashtra.
The Grid Corporation of Odisha (GRIDCO) has announced a 200 MW grid-connected solar PV power projects to be set up in the state of Odisha. The tender has a provision of pass-through in the quoted tariff in case of anti-dumping duty or safeguard duty imposition.
The New Delhi-based solar energy firm has won a 200 MW solar PV project to be developed outside a solar park in Gujarat, in an auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The project will be commissioned by the year 2019.
Coal India Ltd, the world’s largest coal producer company, has set the target of 20 GW solar PV installations in the next 10 years. To achieve the ambitious goal, the fossil fuel run firm will require an investment of approximately INR 900 billion ($13.8 billion).
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