The generation capacity – three 450 MWp projects in Rajasthan – is expected to be commissioned towards early 2022.
The purchased solar portfolio is relatively young, with average remaining power purchase agreement life of around 21 years.
Ranjit Gupta, CEO, Azure Power, speaks to pv magazine about solar development in India against the backdrop of Covid pandemic and government’s push for self-reliant India, and the progress of their manufacturing-linked project.
The state-run hydropower producer is in talks with Telangana State Renewable Energy Development Corporation Limited to form a joint venture to explore and develop an aggregate 500 MW of floating solar power projects in the state.
Germany based Belectric Solar & Battery GmbH has been awarded a 250 MW (AC) solar project by Fortum—this time in Rajasthan.
Projects can be established anywhere in the state which has spare grid capacity, with the relevant substations listed on the Gujarat Energy Transmission Corporation website.
The Colorado-based firm has set up an office in Bengaluru to deliver consulting and technical expertise to local developers and investors in solar, wind and hybrid projects, including energy storage.
Solar projects under construction face uncertainty as factors like labour shortage and proposed duties on module imports could lead to significant cost overruns for the developers.
A report by the Institute for Energy Economics and Financial Analysis says there is plenty of investment capital available for Indian renewables despite pandemic disruption.
With biodiversity concerns and social impacts such as arguments over the loss of agricultural land delaying projects, non-profit The Nature Conservancy India has published a report to help developers choose their locations more carefully and get India’s energy transition back on track.
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