The Solar Energy Corporation of India has allowed a two-week bidding extension for the installation of a 20 MW (AC) solar plant (50 MWp DC) with 20 MW/50 MWh battery energy storage in the union territory of Ladakh.
With large projects contributing 78% of the new capacity, the nation installed less than half the 7.3 GW added in 2019 and recorded its poorest figures in five years, according to a Mercom India report.
The nation is going to make great strides in new utility-scale solar installation this year after adding just about 2.6 GW in 2020.
The Indian engineering, procurement and construction contractor has secured orders to build two solar plants of 200 MW each in Gujarat. It has also won significant contracts for power transmission and distribution related work in Rajasthan, West Bengal, Tamil Nadu, and Arabian country Qatar.
The solar panel-cleaning robot startup, which saw its sales jump 125 times last year, has thus far raised three levels of funding amounting to INR 2 crore from government bodies in India, Dubai, and Canada.
The new solar capacity addition during the third quarter of FY 2020-21 was way above 928 MW installed in the previous quarter (July-September).
Tata Power, TEQ Green Power, and Vena Energy Renewables Urja have approached the Delhi-based Appellate Tribunal for Electricity (APTEL) seeking interim relief against the Gujarat Electricity Regulatory Commission’s order allowing retendering of the awarded solar capacity.
The solar plants are to be developed under the Open category, allowing the use of solar cells and modules of any origin. The deadline for bid submissions is March 16.
For developers to close the emerging gap as the market becomes more competitive – and, crucially, build projects that perform to investors’ expectations in the long term – they need to not only develop better understanding of the factors influencing project performance but also take steps to adopt advances made in other established solar markets worldwide in the use of solar data.
A new report highlights key investors finding opportunity in India’s US$500-billion renewable energy infrastructure development and various factors driving these investments.
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