November is the deadline for interested bidders, who will be permitted to use cells and modules with any origin in the plant, which is planned for Kayamkulam.
Factors including the ability to reach less credit worthy clients, standardised regulatory support and a rating mechanism for developers could promote rooftop solar uptake in India.
The global installation of photovoltaics is expected to reach the terawatt level within just five years, according to Bloomberg NEF. And with more than 99.1 GW of grid-connected solar installed in 2017, switching on to the importance of storage is key.
The bid submission deadline for the national 10 GW, inter-state PV project plus manufacturing tender is now November 12. According to officials, there are amendments to be made in the tender requirements, for which it is awaiting a ministerial mandate.
Ratings agency adds to pessimistic predictions about Indian solar with MNRE ambition of 34 GW of solar auctions next year at real risk. The news follows similar warnings about India’s 100 GW solar target.
The lowest solar tariff, of Rs3.17 per unit, was quoted by the NTPC utility and Maheshwari Mining and Energy, for 140 MW and 20 MW of grid connected PV capacity, respectively.
Sterling and Wilson wants to construct 200 MW of PV in Kazakhstan in the next two years and says it is eager to get a slice of the Uzbek market too.
The agency’s base case expects relatively flat growth in solar deployment over the next six years, but for solar to still dominate growth among renewable technologies. The agency’s estimates are again below those of major market analysts.
According to the Gold Member Solar Report by EnergyTrend (Q3 2018), monocrystalline module prices have fallen almost 20% this year, while those for polycrystalline modules have dropped by more than 25%. Increased consolidation among manufacturers and developers is expected to occur in China and the global solar market, with more merger deals, plans for capacity reductions and even factory closures.
The Intergovernmental Panel on Climate Change (IPCC) has released a new report on different ways global warming can be kept within the 1.5°C limit. The panel seeks to inform policymakers before the upcoming COP24 in Poland this December. Resulting from their analysis, the 91 authors state that drastic action and significant investments are needed. Such climate action across all sectors would have significant positive effects on sustainable development progress, they say.
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