The State Bank of India (SBI) announces the deal at a press conference on financing grid-connected rooftop solar PV projects in association with World Bank held in Mumbai on October 30.
The total capacity of 5 MW Solar as part of railways 1,000 MW solar mission is commissioned on four central stations – Hazrat Nizamuddin, Anand Vihar, New Delhi, and Old Delhi Railway Station.
Solar Energy Corporation India (SECI), on behalf of Coal India limited (CIL) has invited bids for two 100 MW solar power plants. The government authority will clarify the bidding requirement in a meeting to be held on November 13 in Kolkata.
Neyveli Lignite Corporation India Ltd (NLCIL) plans to install several 50-100 MW solar power plants in the Aruppukottai area of Virudhunagar District in Tamil Nadu.
Energy Efficiency Services Ltd. (EESL) has procured PV modules from several Indian manufacturers at a lower rate than it can from Chinese suppliers, setting a new benchmark for panel prices in the country.
The German-based analyst and polysilicon specialist believes that newly installed solar PV capacity will hit 95 GW in 2017 and could hit 100 GW. Polysilicon spot prices set to fall by end of year.
The Indian solar market is presently undergoing many challenges, including the GST effects, high module process and decelerating power demand. India’s utility sector is expected to stabilize at a much lower 5-6 GW growth rate per annum for the next two-three years, says Bridge to India.
The 500 kW floating solar plant in the Wayanad District of Kerala, commissioned by Adtech System Ltd, is the largest floating solar plant in India.
The power developer has installed 40 MW in Gujarat and 100 MW in Maharashtra under VGF scheme and will receive power tariff of INR 4.43 ($0.07)/kWh for the next 25 years.
One of the most prominent solar developers in India, Azure Power has gained 100% of the total allocated capacity in an auction conducted by NVVN.
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