Adani Green Energy and ReNew Power made techno-commercial bids for 600 MW and 300 MW, respectively, leaving the tendered capacity undersubscribed by 300 MW.
Tangedco’s reputation for late payments scared off developers in its latest two, failed tender exercises. The solution? Get government body SECI to hold the auctions, because everyone knows it pays on time!
In a recent survey, DNV GL found that demand for blockchain-related skills in the solar sector is 50% higher than in other energy industries, while 33% of respondents said that the use of drones is having a significant impact on their businesses. However, the solar industry needs a common framework to help advance digitalization further.
State-owned Solar Energy Corp. of India (SECI) has once again extended the bid submission deadline for its latest 3 GW, manufacturing-linked solar tender, following a tepid response.
Bharat Heavy Electricals Ltd (BHEL) has invited bids to supply, install and commission 1,250 kW, three-phase, grid-connected power-conditioning units for 129 MW solar PV capacity in the state of Telangana. The deadline for bid submissions is May 27.
The Ministry of New and Renewable Energy (MNRE) has said that off-grid solar plants that have been installed under its own programmes can be connected to the grid in locations where net-metering provisions are in place.
The European solar trade body expects 128 GW of new PV capacity in 2019, with China likely to bring around 43 GW online and Europe experiencing enough demand to deploy about 20.4 GW. In 2020, global solar demand is expected to reach 144 GW, while in the following three years new PV additions are forecast to total 158 GW, 169 GW and 180 GW, respectively.
In a recent survey, an overwhelming 73% of respondents said they remain upbeat about India’s renewable growth prospects, despite recent policy reversals and various other operational challenges the industry faces.
A unit of Piramal Group will be investment and project manager for the fund, prompting speculation cash will be spent on assets developed by Mytrah Energy.
Waste-to-energy, battery lifecycle solutions and hazardous waste management will make up an increased share of Fortum’s business in future. While solar will continue to be a mainstay for the Finnish clean energy company in India, Fortum wants to deepen its presence in the electric vehicle space with smart solutions, according to Sanjay Aggarwal, the company’s India MD, and Juha Suomi, area director for Asia, who spoke exclusively to pv magazine.
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