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.
The New Delhi-based developer is planning a 50 MW plant after the 100 MW facility originally proposed was stymied by the power evacuation equipment available at the Khulna site.
The solar plant is the Indian multinational’s fifth win in Latin America. The EPC has a a 93.3 MW project in Argentina and is constructing three other Chilean PV plants with a total generation capacity of 588 MW.
The state, which is aiming to hit 2.2 GW of solar within two years, has received a Solar Energy Corporation of India proposal for 500 MW of floating project capacity even as it approves a 40 MW water-borne array put forward by the national solar body. The 500 MW suggested comes on top of a similar scale of floating PV planned across the state by public hydropower company NHPC.
The state—which has already installed an aggregate 9.6 GW of renewable energy capacity as of FY 2019-20 end—will add another 22.6 GW to the grid by the end of FY2029-30. Of the new RE addition, 18 GW will come from solar capacity.
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