Utility Scale PV

India added 10.4GW of solar power generation capacity in the January-December period of 2021. Out of this, 42% was installed in Rajasthan alone.

The UK investor (formerly known as CDC Group) has committed a $47 million follow-on investment in Fourth Partner Energy to build 294MW of greenfield renewable power capacity. Another $42 million will go to Italian power utility Enel’s India arm Thar Surya 1, to support the development of a 300MW greenfield solar project in India.

While the Central and State Governments have taken several proactive steps to make it easier for solar developers to acquire land for their projects, land aggregation remains the single biggest roadblock in implementing large-scale projects, resulting in a slowdown in the industry.

The International Renewable Energy Agency’s latest global outlook has spelled out just how ‘woefully’ far the world is from capping temperature rises at 1.5C, and lamented: ‘The stimulus and recovery efforts associated with the pandemic have also proved a missed opportunity.’

The PV plant, situated in Maharashtra, is owned and operated by Lightsource BP’s renewable energy arm Lightsource Renewable Energy (India) in finance partnership with UK government-funded green investment platform UKCI.

The COVID-19 outbreak impacted the solar industry in terms of cash flow, payment collection from distribution businesses, working capital needs, workforce availability, and, most critically, supply chain availability. The government’s response to this situation was mainly positive.

The NX Horizon-XTR tracker can be used with all types of modules and is claimed to be an ideal solution for sloping, uneven, and demanding terrain.

The developer shall use the senior debt facility to initially finance its 450MW hybrid portfolio of solar and wind renewable projects in the Indian state of Rajasthan.

Under their clean energy partnership, both countries also agreed to cooperate in the disposal, recycling, and reclamation of valuable materials from batteries, solar panels, turbine blades, and electronics.

Bidders have until April 8 to lodge their interest in setting up a 100MW (AC) interstate transmission system (ISTS) connected solar power project anywhere in India.