Financing large scale renewables in emerging economies
pv magazine has taken part in a webinar examining the thorny issue of financing clean energy generation in developing markets.
Adani Green commissions 100 MW solar capacity in Uttar Pradesh
The solar capacity—comprising two plants of 50 MW each—were completed ahead of schedule despite adverse conditions amidst Covid-19. The plants benefit from 25-year power purchase agreements with Uttar Pradesh Power Corporation Limited, at INR 3.22/kWh and INR 3.19/kWh, respectively.
State power companies invited to develop 5 GW of solar
The PV projects—tendered under the Central Public Sector Undertaking scheme—will be entitled to government support through viability gap funding, with the level of VGF awarded determined by reverse-bidding auctions for the project capacity.
The long read: Compressed air storage to be more than just hot air in Israel
Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.
Tata Power secures Gujarat solar project worth INR 460 crore
Following NTPC’s 320 MW project, Tata Power has won the order to build 95 MW of ground-mounted solar PV project for Gujarat State Electricity Corporation Limited (GSECL). The order value of the project is around INR 460 crore ($63 million).
Vikram Solar commissions 140 MW PV project for NTPC
The EPC contractor said it is the largest solar plant by capacity commissioned so far in the state of Uttar Pradesh. The plant is estimated to generate 319 million units of electricity per year, which is enough to power 1,45,662 houses annually.
Maharashtra invites developers for 250 MW grid-connected solar
The 250 MW solar capacity is to be set up on a build-own-operate basis at Dondaicha Solar Park in the district Dhule. The tariff ceiling is fixed at INR 2.83/kWh for the entire power purchase duration of 25 years.
Solar system prices to rise – then fall – in 2021, with another record year anticipated
IHS Markit is predicting the world will add 30% more solar capacity this year.
SolarArise commissions 75 MW solar plant in Uttar Pradesh
State-run Uttar Pradesh Power Corporation Limited (UPPCL) will procure the electricity generated from the solar plant under a 25-year power purchase agreement.
Eden Renewables India secures US$165 million finance for 450 MW solar project
The project, currently under construction in Rajasthan, was won by the developer in a Solar Energy Corporation of India (SECI) auction.
