If India covers just one third of its major water reservoirs with floating solar installations, it could generate as much as 700 GW of solar power. However, it’s still early days for floating solar in the country, given the lack of technical experience and higher implementation costs.
The state’s second attempt to tender for 500 MW of capacity has made a mockery of predictions of rising PV electricity prices and exonerated utility for cancelling previous procurement round. But the absence of India’s cheapest solar energy generator from the latest exercise could be telling.
The International Financial Corporation will help the country’s government competitively tender the project, which is expected to be developed through a public-private partnership.
Of the total 9,538 MW of solar capacity commissioned between October 2017 and September 2018, Adani bagged the lion’s share at 11%, followed by Acme (7.5%) and Renew Power (7.3%), finds Bridge to India. The analyst company also tracks tariff trends between 2016 and now.
South Africa’s Phelan Energy Group has reached financial close on its 50 MW solar PV project, located in Rajasthan. It is set to be online by October.
There is no doubting the tough environmental challenges facing PV modules and systems among the varied climactic conditions of India. These conditions have created earlier failures than seen in mature solar markets, with less diverse temperature fluctuations, such as Europe. DuPont’s Rajaram Pai says awareness of this is growing, however more needs to be done.
German solar monitoring company SDS has announced a strategic partnership with developer iPLON India. The established Solar-Log system will help India’s drive to raise quality standards in PV.
After a pre-bid meeting with solar power developers on September 6, India’s Solar Energy Corporation of India (SECI) is looking to amend the tender document, which it hopes to upload to its website in the coming days, following approval from the ministry, according to a SECI spokesperson.
CLP India will acquire a 49% stake in Suzlon’s 50 MW and 20 MW solar projects in Dhule, Maharashtra. These two projects were won by Suzlon through competitive bidding in auctions by the Solar Energy Corporation of India Limited (SECI). As per the power purchase agreement signed, the tariff rate is fixed for 25 years at 4.115 INR/kWh for 20 MW and 3.66 INR/kWh for 50 MW.
Gujarat Urja Vikas Nigam Limited (GUVNL)’s re-tender of the annulled 500 MW grid-connected solar PV tender has been oversubscribed by almost four times. Technical bids aggregating 1,925 MW have been submitted against the tendered capacity of 500 MW.
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