China ready to set 3 GW quota for residential solar in 2019
Sources have told pv magazine the authorities are ready to restart the nation’s residential rooftop segment and have also agreed upon subsidy payments for other distributed generation and utility-scale projects.
Lone bid for 10 GW solar tender rejected
Delhi-based solar developer Azure Power had bid for a 2 GW project on a single site, as well as 600 MW of manufacturing capacity. According to reports, the government has rejected the bid, however, stating that the quoted price is unreasonable.
This year could see a reckoning for ultra-mega PV projects
The fate of the clutch of 500 MW-plus projects due to break ground this year could determine whether such ambitious schemes have a viable future, says Wood Mackenzie in its solar 2019 forecast. And the Indian market should brace for consolidation, add the analysts, because of aggressive reverse-auction tariff pricing.
Swiss firm Talesun and EnergyX to set up 4 GW solar projects in India
Talesun Solar Switzerland is a subsidiary of Zhongli Talesun Solar, which has module manufacturing capacity of 2.8 GW per annum and over 6 GW solar assets across the globe.
175 GW renewable unlikely if policy remains inconsistent, says CSE
India may not meet its 175 GW of renewables by 2022 target if the sector continues to be plagued by policy inconsistency, DISCOM problems and other issues, say Centre for Science and Environment (CSE) analysts.
Vikram Solar commissions 20 MW solar projects for WBSEDCL
The plants at Patni and Lalgarh in West Bengal are expected to generate 1.55 million units of electricity per megawatt (MW) annually.
Adani pledges $4 billion for world’s largest solar hybrid park in Gujarat
Head of industrial conglomerate makes pledge at Vibrant Gujarat Summit as part of his company’s ambition to install 10 GW of renewables capacity by 2022.
NTPC tenders 15 MW floating solar project in Himachal Pradesh
The project would be awarded based on international competitive bidding followed by reverse auction. The deadline for bid submission is February 25. The bids will opened on February 26, while the date of reverse auction will be intimated at a later date.
Maharashtra to add 3.2 GW solar capacity in two years
The state has ordered 200 MW of PV across each of 16 zones this year and next, and said all government buildings, water and irrigation projects will host solar arrays.
Hyper low costs ensure clean energy investment fell in India last year
The nation still managed to attract around $11.1 billion for renewable energy in 2018, to be the world’s fifth most attractive destination for funds, according to new figures compiled by BloombergNEF.
