Azure Power secures up to 4 GW of solar project capacity under manufacturing-linked tender
The NYSE-listed developer will set up a 500 MW cell and module production line as its manufacturing commitment under the SECI tender. The tender aimed to secure 2 GW of new annual manufacturing capacity by offering 7 GW of power project permits. Azure has an agreement with an Indian solar panel manufacturer to jointly establish the new production facilities with the developer holding a majority stake in the enterprise.
Government committed to de-risking renewable energy investments: MNRE Secretary
The minister’s statement comes at a time when analysts fear that potential disregard of past contractual agreements in Andhra Pradesh, along with the regular curtailment of renewable energy facilities and delayed payments to developers, may drive foreign investors away from India’s renewable energy sector.
ReNew Power forms JV with Korean major GS E&C for 300 MW solar project in Rajasthan
The Indian developer will hold majority 51% equity in the joint venture, while the balance will be held by GS E&C. The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV earlier this year.
NTPC tenders 923 MW solar across India, another 500 MW for Maharashtra
The 923 MW grid-connected solar capacity—tendered under Central Public Sector Undertaking (CPSU) Scheme—is to be developed using only domestically manufactured solar cells and modules. Whereas, modules for the 500 MW project in Maharashtra can be procured from either domestic manufacturers, or imported.
Sterling & Wilson begins construction of 200 MW solar project in Australia
Two years after announcing its market entry, the India-based EPC heavyweight has commenced construction of its first Australian project.
SECI seeks global bids for 1.2 GW wind-solar and 1.2 GW solar projects
The Solar Energy Corporation of India shall enter into a 25-year power purchase agreement (PPA) with the developers that can set up the projects anywhere in India on “build own operate” basis.
Coupling pumped hydro with renewables and other storage technologies
The combination of pumped hydro with other storage technologies can increase renewables penetration, improve operational safety and reduce maintenance costs at large-scale hydropower plants, according to new research. The study also focuses on techniques to determine the optimal size of renewables-based pumped hydro storage systems. Costs for hybrid solar-pumped hydro projects currently range from $0.098/kWh to $1.36/kWh.
Sembcorp to buy remaining stake in Indian arm for Rs 4060 million
Following equity injection of about Rs 5169 million, Singapore-based integrated energy player has signed an agreement to invest another Rs 4060 million in Sembcorp Energy India Ltd to gain complete control over it and pursue growth in the India renewable energy business.
Assessing metal leaching from PV modules dumped in landfill
An Indian Institute of Technology research team analyzed around 300 studies about PV panel waste containing carcinogenic metals. The researchers said solar module recycling is not economically profitable and policy support is necessary to avoid panels being dumped in landfill.
NTPC looks to purchase power from 100 MW solar projects
December 26 is the last date for generators to submit bids for supply of power from their existing 100 MW solar plants. Technical bids will open on December 27.
