The Coal India Limited arm plans a 40MW ground-mounted, grid-connected solar power plant initially as it eyes an overall 142 MW PV capacity in three years.
The Haryana-based developer secured the solar power project from the Maharashtra utility at a tariff of INR 2.43/ kWh (US$0.033). The project will likely be located in Gujarat or Rajasthan. It shall use mono PERC modules produced from ReNew Power’s upcoming 2 GW factory in Gujarat.
The Indian developer will use the 3DExperience virtual platform to manage its utility-scale solar, wind, and hybrid energy projects more efficiently. The platform enables users to track the progress of multiple complex projects, quickly act on insights and ensure best-in-class delivery.
India has installed 42.3 GW of cumulative grid-connected solar capacity, with additions led by Karnataka (7,409 MW), Rajasthan (6,581 MW), and Gujarat (5,132 MW).
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
A survey conducted among top executives in the renewable energy industry elicited positive feedback on most fronts, including government policies, demand for renewable power as well as land.
If built, the project would be the world’s largest floating PV power plant and would reach the same capacity as the largest ground-mounted facility currently in operation.
The state-run producer has secured two projects of 220 MW and 105 MW at the Shajapur Solar Park, at a tariff of INR 2.33/kWh (US$ 0.031/kWh) and INR 2.35/kWh (US$ 0.032/kWh), respectively.
The New York-headquartered solar racking solutions provider is opening an India office with an eye on business development, engineering, and manufacturing support. The company has more than 12 GW of projects either operating or under development across the world.
Italy’s Enel Green Power is developing the solar project in the Bikaner district of Rajasthan. The total project cost is approximately US$200 million.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.