The French power electronics specialist is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.
There is widespread doubt about whether India can achieve its 100 GW solar target by 2022 but, having started from a base of only 9 MW of capacity 10 years ago, it would be foolish to write off the prospects of this solar superpower.
As against the all-time low of Rs 2.44 per unit recorded in July last year, the latest SECI auction saw the lowest winning tariff of Rs 2.55 per unit offered by ReNew Power. Other winners included Azure Power, Eden Renewable and SoftBank-backed SB Energy.
The amount and nature of desert dust determines whether daily cleaning of solar modules is a favorable option. However, frequent and water-intensive cleaning, as well as the amount of labor required, can be costly in desert installations. But the ingenuity of automation is on its way to help.
The state-owned Sardar Sarovar Narmada Nigam will set up the 100 MW solar project atop branch canals of river Narmada at an estimated cost of Rs 100 crore. Four locations in central Gujarat have already been identified for the project.
Aggressive bidding secures price of Rs2.55 for U.S. company in a procurement exercise whose results are unlikely to see GUVNL throw its toys out of the pram.
India’s utility-scale solar capacity addition during October-December 2018 went down 46 per cent over the corresponding period of 2017. In contrast, rooftop solar grew strongly at 47 per cent.
The plant, situated in district Anatapuramu of Andhra Pradesh, is segregated into two blocks of 100 MW each for better management and higher efficiency. It is expected to power nearly 150,000 homes once connected to the grid.
The Solar Energy Corporation of India has invited bids for the development of an aggregate capacity of 20 MW of lagoon-based floating PV with 60 MWh of battery-based storage systems in the Union Territory of Lakshadweep.
Tariffs retracted distinctly from Rs 2.84 per unit seen in the 700 MW Gujarat solar auction recently, inching closer to the Rs 2.71-2.72 level of Maharashtra’s previous tender.
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