Surge in solar panel and polysilicon prices may impact projects in India
Modules represent 45 to 55% of the project capex. In a very competitive market like India, independent power producers have lower margins, and even a modest increase in module prices will put more pressure on them.
Acme retracts decision to abandon 600 MW solar in Rajasthan
A fresh petition filed with the regulator Central Electricity Regulatory Commission (CERC) shows the clean energy developer is not seeking discharge from the 2×300 MW solar project won at an INR 2.44/kWh (US$ 0.033/kWh) tariff in 2018.
Electricity derivatives will offer power offtake certainty for renewable investors
An Institute for Energy Economics and Financial Analysis (IEEFA) report says the sale of power in the futures market will benefit renewable energy developers and distribution companies alike.
Manipur tenders 50 MW grid-connected solar
The solar capacity is to be developed on a build-own-operate basis in the Jiribam district. Bidding closes on July 9.
IREDA extends bidding for 5 GW solar under CPSU Phase II
State-owned power generators now have until June 15 to bid for setting up the capacity under the CPSU Phase II Scheme that allows the use of only India-made cells and modules for the projects. The selection would be made on the basis of the viability gap funding requirement per MW quoted by them to cover the cost difference with imported solar cells and modules.
A repair tape for cracked backsheets
Backsheet failures have plagued the industry, causing hefty financial burdens to many asset owners. DuPont has launched a product it says allows for easy repair of modules.
Indian Railways tenders 740 MW of ground-mounted solar
The capacity—to be set up on a build, own, operate basis—will be installed on vacant railway land. Bidding closes on August 26.
Cheaper renewable energy will leave new coal assets stranded
A new Ieefa report discusses the viability of under-construction coal-fired power plants and evaluates the associated stranded asset risk in building additional coal-fired capacity in India’s electricity system.
PCUs sought for 500 MW Rewa solar capacity
The selected vendor shall also be responsible for installing and commissioning the power-conditioning units (central inverters) at the solar sites in Madhya Pradesh.
Scatec enters Indian solar market
The Norwegian renewables business has acquired a 50% stake in Acme’s 900 MW solar project in Rajasthan. The project will benefit from a 25-year PPA with the Solar Energy Corporation of India.
