‘Solar could supply half of a new 600 GW clean energy ambition’
U.S.-based researchers have modeled the costs of achieving 200 GW, 400 GW and 600 GW of renewables capacity in India this decade and concluded PV should supply no more than half of the generation facilities and policymakers should shift their focus to wind power.
Madha Infra bags INR 87-crore solar project in Gujarat
The Vadodara-based engineering, procurement and construction (EPC) contractor has been awarded a 20 MW grid-connected solar project by Gujarat State Electricity Corporation Limited (GSECL).
Uttar Pradesh tenders 75 MW grid-connected solar capacity
Global bids are invited to develop an aggregate 75 MW of grid-connected solar power projects with an upper tariff ceiling fixed at INR 3.00/kWh for the entire power purchase duration of 25 years. The projects are to be installed in the Uttar Pradesh Solar Park on a ‘build-own-operate’ basis.
Solar canals already competitive with ground-mounted PV
U.S. researchers have assessed the technical and economic feasibility of solar canals in California and have found that their LCOE is already close to that of ground-mounted solar plants. Three different project configurations were analyzed for eight different sites across the California network of canals.
BHEL secures its first overseas EPC contract for grid-connected solar plant
The state-run has been awarded an 8 MWac grid-connected solar power plant in Mauritius on an engineering, procurement, and construction (EPC) basis.
India’s $122bn energy stimulus spending may benefit fossil fuels most
A report says India’s energy investment commitments over the last 14 months largely feature measures for power transmission and distribution that could benefit greenhouse-gas-producing fuels more than renewables.
Adani Green to acquire Canadian developer SkyPower Global’s 50 MW solar asset in India
The Indian developer has signed an agreement with the Canadian developer to acquire its 50 MW Telangana solar project at an enterprise value of around INR 317 crore.
Adani Green Energy raises US$ 1.35 billion in debt funding
The developer has secured the revolving fund from 12 international banks. It would use the amount to initially finance its 1.69 GW hybrid portfolio of solar and wind projects to be set up in the Indian state of Rajasthan.
TCIL seeks EPC partners for 5 GW solar tendered under CPSU Scheme
Telecommunications Consultants India (TCIL) has issued an expression of interest to select EPC partners as it intends to bid for the 5 GW grid-connected solar capacity tendered for state-run generators. Installers have until March 24 to lodge their interest with TCIL.
Gujarat retenders 700 MW in Dholera Solar Park and 100 MW in Raghanesda
With non-solar park auction yielding a much lower tariff of INR 1.99/kWh, the Gujarat Urja Vikas Nigam Limited (GUVNL) has retendered the capacities for fresh tariff discovery. Bidding closes on April 12.
