Utility Scale PV

CLP India acquired Mahindra Renewables’ complete stake in Divine Solren for Rs 124.47 crore. Divine Solren is a special purpose vehicle formed by the Mahindra group to set up a 50 MW solar plant in Adilabad district of Telangana. The plant was commissioned in 2017.

An aggregate 2198 MW AC of solar capacity is now operational by the developer which aims to become the world’s largest solar player by 2025.

The Rs 1,750-crore project—under the second phase of Central Public Sector Undertaking scheme—is to be developed using domestically manufactured solar cells and modules.

The rooftop solar sector will see reduced installation activity even after lifting of the lockdown as consumers continue to deal with financial constraints. Small-size developers may also lack the financial strength to meet additional working requirements.

The financial lender will now oversee the implementation of the second phase of the Central Public Sector Undertaking (CPSU) Scheme which provides viability gap funding (VGF) support for state-run generators to set up 12 GW of solar projects using domestically-made equipment by FY 2022-23.

Although the Wiki-Solar website ranking only provides a snapshot of PV project engineering, procurement and construction contracts outside of China, it is nevertheless a useful indicator of the changing global solar market landscape. Of the top 11 companies, four are based in India, three in Germany, and two in the United States. But last year’s largest contractor, U.S.-based First Solar, might lose its leading position this year, as it has largely discontinued its EPC activities.

The interstate transmission system (ISTS) connected projects—to be developed on build-own-operate basis in the Koppal Solar Park—shall be awarded through international competitive bidding followed by reverse auction. Bids can be submitted till May 29.

In an interview with pv magazine, U-Solar Clean Energy founder and CEO K.R. Harinarayan shares the impact of Covid-19 lockdown on their solar EPC projects and how they are utilizing this time productively.

Larsen & Toubro has secured EPC orders totaling 500 MW grid-connected solar capacity, in addition to significant contracts in India and overseas for power transmission and distribution.

The project—requiring investment of 34.9 million euros—will be built by EPC contractor Jakson with modules supplied from JA Solar.