With this, the developer has signed the power purchase agreement for 5,534 MW out of the total 8 GW capacity won in the manufacturing linked solar tender by the Solar Energy Corporation of India.
The solar assets, located in the Jodhpur district of Rajasthan, benefit from a long-term power purchase agreement (PPA) with the State discom Maharashtra State Electricity Distribution Company Ltd (MSEDCL).
Cleantech Solar has over 600 MWp of solar portfolio across India and Southeast Asia and aims to achieve a cumulative generation capacity of 3 GW over the next five years.
The company’s scope of work includes engineering, procurement, and construction of the solar plant.
An Italian company has developed a system that can store energy from wind, solar and grid electricity by compressing and using CO2 without any emissions. The system draws CO2 from an inflatable atmospheric gas holder, stores it, and uses it to produce power again, when demand for stored energy arises.
The industry body wrote the State’s new bill to redetermine solar tariffs will render the already operating projects unviable and power producers will find it difficult to repay their loans. It sought the law minister’s intervention in highlighting their concerns to the President with whom the Bill is presently pending approval.
Rajasthan (8,644 MW), Karnataka (7,483 MW), and Gujarat (6,052 MW) lead in solar installations.
Berkeley Lab report finds historic lows in clean energy prices position India to transform electric system
With 7.4 GW of new solar already installed in the first nine months, the year 2021 is headed to become one of the best years on record for new solar installation in India.
The State is now self-sufficient in power generation with 22 GW of electricity produced per day from sources including water, coal, wind, and sun.
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