The Gujarat state government has approved a 5 GW solar PV park, to be located in the Dholera Special Investment Region. The development of what will become the world’s largest such project when complete, is seen as “crucial” on the back of Bangladesh’s recent interest to procure 2 GW of solar energy from India.
Azure Power, one of India’s largest independent solar power producers, has commissioned a 40 MW solar power plant in Uttar Pradesh.
For two separate projects, Madhya Pradesh state is witnessing delaying and associated losses. In one, ReNew Power has been slapped with $1.68 million fine for delays to a 51 MW PV project, and in another case, BHEL’s proposed 10 MW solar plant obstructed by state government.
Latest Global Solar Demand Monitor from GTM Research forecasts 6% annual increase in PV installation growth although current largest markets will register 7% contraction while geographic diversification poised to grow.
For 1.2 GW tender, Karnataka Renewable Energy Development Ltd (KREDL) had received bids only for 550 MW capacity. KREDL has now retendered the remaining 650 MW grid-connected solar PV project to be installed at Pavagada Solar Park in Karnataka.
The Indian-headquartered EPC has set a June 2019 deadline for its plans to install 300 MW of new solar PV capacity in Vietnam, a market that is poised to boom over the next few years.
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Through the company’s sun2fix open access solution, Inidan subsidiary of swiss-based renewable firm will install a 7MWp solar PV power plant in Solapur district of Maharashtra.
The Grid Corporation of Odisha (GRIDCO) has announced a 200 MW grid-connected solar PV power projects to be set up in the state of Odisha. The tender has a provision of pass-through in the quoted tariff in case of anti-dumping duty or safeguard duty imposition.
The New Delhi-based solar energy firm has won a 200 MW solar PV project to be developed outside a solar park in Gujarat, in an auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The project will be commissioned by the year 2019.
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