State-owned power generator NTPC has invited bids for development of 1 GW grid-connected solar PV projects under Central Public Sector Undertaking (CPSU) scheme Phase-II (Tranche-I). The projects are to be set up on turnkey basis under domestic content requirement category, anywhere in India. These will be awarded through domestic competitive bidding followed by reverse auction.
The NYSE-listed developer appears to have turned the corner after reporting a full year profit of Rs138,493 after a Rs10 lakh loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.
The government is considering financial incentives such as import and export duty waivers to woo battery manufacturers to set up a globally competitive manufacturing base in India.
The ATUM integrated solar roofing system using 320W panels generates enough electricity to power a light bulb, a fan and a mobile phone.
Cumulatively valued at Rs 520 crore, the projects include a 50 MW plant for Maharashtra State Power Generation Company Ltd, a 75 MW plant for Gujarat State Electricity Corporation Ltd and a 10 MW plant for Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
Following the Indian government’s 40 GW plan for the states, Telangana has pitched for setting up a 5 GW lithium ion plant by announcing the ready availability of 200 acres of land and power and water for the fab at a concessional rate.
With PV’s cost declines, the growing question is: where to put it all, particularly in densely populated areas. Ingenuity to the rescue – a technology that took its first steps in 2007 is entering full market maturity. And its potential is rather impressive.
Pitched as a solution between dual-axis and single-axis trackers, the 2-axis solar tracker offers a yield increase comparable with dual-axis trackers at a significantly lower cost.
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids for the supply, installation and commissioning of an aggregate 6 MW capacity of solar power generation projects along with LiFePo4 battery backup at various sites in Uttar Pradesh. Bidding closes on June 24.
With continuous decline in costs of solar power generation, the chorus for shortening the 25-year power purchase agreement (PPA) period is growing louder.
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