Covid lockdown will impact rooftop solar more than grid-connected projects, says Care Ratings
The rooftop solar sector will see reduced installation activity even after lifting of the lockdown as consumers continue to deal with financial constraints. Small-size developers may also lack the financial strength to meet additional working requirements.
IREDA replaces SECI for 12 GW CPSU solar scheme
The financial lender will now oversee the implementation of the second phase of the Central Public Sector Undertaking (CPSU) Scheme which provides viability gap funding (VGF) support for state-run generators to set up 12 GW of solar projects using domestically-made equipment by FY 2022-23.
Global solar EPC market dominated by US, German, Indian contractors
Although the Wiki-Solar website ranking only provides a snapshot of PV project engineering, procurement and construction contracts outside of China, it is nevertheless a useful indicator of the changing global solar market landscape. Of the top 11 companies, four are based in India, three in Germany, and two in the United States. But last year’s largest contractor, U.S.-based First Solar, might lose its leading position this year, as it has largely discontinued its EPC activities.
SECI invites global bids for 2.5 GW solar projects in Karnataka
The interstate transmission system (ISTS) connected projects—to be developed on build-own-operate basis in the Koppal Solar Park—shall be awarded through international competitive bidding followed by reverse auction. Bids can be submitted till May 29.
Interview with U-Solar on making the most of the lockdown
In an interview with pv magazine, U-Solar Clean Energy founder and CEO K.R. Harinarayan shares the impact of Covid-19 lockdown on their solar EPC projects and how they are utilizing this time productively.
L&T bags 500 MW solar EPC contracts
Larsen & Toubro has secured EPC orders totaling 500 MW grid-connected solar capacity, in addition to significant contracts in India and overseas for power transmission and distribution.
European investor ThomasLloyd, SolarArise launch 75 MWp solar project in Uttar Pradesh
The project—requiring investment of 34.9 million euros—will be built by EPC contractor Jakson with modules supplied from JA Solar.
Tata Power Solar bags 300 MW CPSU II project from NTPC
The grid-connected solar project—scheduled for commissioning in September 2021—is valued at Rs 1730.16 crore and will be developed using Tata Power’s own cells and modules.
Covid-19 impact: An interview with Amp Energy India CEO
Pinaki Bhattacharyya, Amp Energy India MD and CEO, speaks to pv magazine about the impact of Covid-19 pandemic on the solar industry and the ways in which the government can build a positive sentiment in the industry.
SCCL tenders 15 MW (AC) grid-interactive floating solar
May 4 is the deadline to submit bids for the solar capacity which shall come up at the state-owned coal miner’s Singareni Thermal Power Plant storage reservoir (10 MW) and Dorli open-cast project void (5 MW) in Telangana.
