The Uttar Pradesh Government is looking for private investment worth Rs 55 billion (UD$809 million) for the proposed Bundelkhand Green Energy Corridor, which is expected to generate 4 GW of solar power.
The Indian state is looking to install 1 GW of new solar PV power under a new tender issued. A ceiling tariff of Rs 2.80 (US$0.039) has been set.
India’s much-hyped first wind-solar hybrid auction found just two bidders, with 360 MW of the 1,200 MW finding no takers at all. This is the second time the Solar Energy Corporation of India (SECI) has held this auction, after the first round in May failed to attract bidders.
Sustainable development expert Auroville Consulting has launched the Solar Village Search Engine to help fund its Solar Village Initiative, which aims to power 100 villages in Tamil Nadu with solar by the year 2030.
The Ministry of New and Renewable Energy has reevaluated the solar potential of the region, in the light of steepling falls in the cost of generating solar electricity. The big push will start with 7.5 GW of new capacity, with a request for selection expected within a fortnight.
A renewable energy system in 2050 is technically possible and economically viable for India, with the levelized cost of electricity falling from the current €58/MWh (Rs4,626) to €52 under one scenario in a recent report, and to €46 in another that included demand for power, water desalination and non-energy industrial gas sectors.
The iSTAR-C program of India’s International Solar Alliance (ISA) was adjudged an outstanding project during the Paris Peace Forum this month. The program is one of many ISA initiatives to develop solar resources in member countries. After the first assembly of the ISA, interim Director-General Upendra Tripathy tells pv magazine about the organization’s achievements and plans.
India’s largest power company is set to make a statement of intent with procurement, and has set a first round bid ceiling of Rs2.67 for the reverse bidding auction. Successful bidders will secure a one-year PPA which can be extended by six months.
Supervising authority has given the state distribution company the green light to conduct three 500 MW solar tenders. The move marks the first procurement exercise held by TANGEDCO in almost 12 months.
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