The projects—to be set up in capacities of 100 KW and 5000 KW on the barren and uncultivatable lands—will generate an estimated 148.85 MW of solar power.
According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club.
Grid-connected solar plants in capacities ranging from 250 KW to 3.5 MW are to be installed at various sub-stations of state-owned Maharashtra State Electricity Distribution Company Limited. Bidding closes on August 12.
If China could travel back to the 1960s with its 2016 PV generation capacity it could harvest an additional 14 TWh of solar power, according to a study by academics at universities in Switzerland and the Netherlands. With a mixed record for reducing pollution, the country’s solar fleet output appears to be drastically affected by dimmed solar radiation.
Private-sector utility Adani Electricity Mumbai Limited has invited global bids to set up 350 MW of grid-connected wind-solar hybrid power projects. There is also the Greenshoe option to add another 350 MW. The projects—to be developed on build-own-operate basis—can be set up anywhere in India. Bidding closes on August 9.
As the country races to add or upgrade infrastructure for electricity transmission, it needs to take steps to encourage private investments as also lower consumer prices—according to a white paper by Confederation of Indian Industry that includes recommendations on planning, operations and costs for a robust transmission system.
Micro and mini grid-connected projects will also be considered. Further, SECI has notified waiver of ISTS charges and losses and 6-month extension in the commissioning date.
The pact with the diversified business group comes close on the heels of Renew Power’s proposal for 200 MW power projects in the state.
Having won a 100 MW floating solar project last month, state-owned Bharat Heavy Electricals Limited has added another 25 MW from NTPC to emerge as the largest EPC player in India’s floating solar segment.
After Singapore, India is the second largest revenue generator for the integrated energy player. In year 2018, it earned overall revenues of S$11,634 million (Rs 587 billion), of which S$1685 million (Rs 85 billion) came from power business of Sembcorp Energy India Limited.
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