Demand, policies, investment key to green hydrogen development
Ruchi Gupta is a research fellow at the University of Geneva’s Institute for Environmental Sciences. She focuses on how flexibility options, such as sector coupling with hydrogen production, can support renewable energy integration and decarbonize a wide range of sectors.
Module price increases to moderate solar project returns
Solar module prices have increased by about 15-20% over the last 4-5 months to around 22-23 cents/watt as of date. As PV modules comprise about 50-55% of the overall project cost, such an increase in the module price level, if sustained, may moderate the debt service coverage metrics for developers by about 12-14 basis points.
SJVN ties up with NDMC for sale of 150 MW solar power
The state-owned hydropower producer plans to bid for 1 GW out of 5 GW grid-connected solar capacity tendered under the Central Public Sector Undertaking (CPSU) Scheme. In a pre-bid arrangement, it has tied up with NDMC for the sale of power from its solar projects at an INR 2.44/kWh (US$ 0.033/kWh) tariff for 25 years.
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.
