With this project, Adani Green Energy’s total renewable energy project capacity has swelled to 14,795 MW, of which 2,950 MW projects are operational and 11,845 MW under implementation.
Developers have until January 15 to bid for the grid-connected solar plant, which has a ceiling tariff fixed at INR 3.0/ kWh. The plant—to be developed on a “build-own-operate” basis—shall come up in the Jiribam district.
Bids are invited to set up a 20 MW (AC) grid-interactive solar plant with 20 MW/50 MWh battery energy storage under turnkey mode in Leh district.
India’s new solar capacity addition was badly hit due to the pandemic. The nation installed just 2.32 GW during the first nine months of the year. However, there was a silver lining too!
The Solar Energy Corporation of India, NTPC, NHPC and other state-owned organizations have been directed to reduce RE contracts’ performance security from 5-10% to 3% of the contract value under the Finance ministry’s order dated November 12, 2020
The National Solar Energy Federation of India and Vietnam Clean Energy Association signed the pact to exchange best practices and explore business opportunities in solar energy.
The solar electricity price in India has dipped further to an all-time low of INR 1.99/kWh in a 500 MW Gujarat auction held recently, which is 0.5% lower than the previous record of INR 2/kWh set a month ago.
An analysis by India Ratings and Research (Ind-Ra) says improvements in PV panel designs and costs, lower financing costs, and state-specific sectors such as the location’s solar potential and certain waivers have driven the decline in Indian solar tariffs.
The Israeli developer of module cleaning robots has bagged an order from Indian solar developer Azure Power to deploy its water-free cleaning solution across a 450 MW solar project in Rajasthan.
Researchers in Norway have mapped all cropland areas that were abandoned between 1992 and 2015 and found that the vast majority is suitable for PV and bioenergy deployment. Around 30% is located in Asia, followed by the Americas, with a 28% share, and Africa, with a percentage of 22%. Europe and Oceania had shares of 20% and 5%, respectively.
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