Longi to spend $349m on new 5 GW module fab in Taizhou
The world’s number one mono silicon module manufacturer will add another 5 GW to its annual panel production capacity in 2020 as it pursues 16 GW of output this year and 25 GW next year.
India and Australia could strike first lithium deal
Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.
Adani Renewable bags 600 MW wind-solar hybrid project
The developer’s Gujarat business will supply power for Rs2.69 under a 25-year PPA after winning a tender conducted by the Solar Energy Corporation of India.
750 MW Rajasthan tender attracts low bids of Rs 2.5/kWh
The tariffs are slightly above Rs2.48/kWh seen in March procurement but still fairly below the levels hit in Maharashtra and Gujarat auctions recently—reaffirming the state’s attractiveness to PV developers.
Government thinktank proposes ban on diesel and petrol driven vehicles
The NITI Aayog has suggested banning sales of non-electric two and three wheelers in 2025 and cars, trucks and buses five years later as well as forcing public fleets and the cars used by ride hailing apps to be electric.
Essel in talks with Adani for solar assets sale
Following UK-based private equity investor Actis dropping the purchase plan, debt-laden Essel Infraprojects is reportedly negotiating the deal with Adani Group for Rs 1,800-2,000 crore.
NTPC tenders 160 MW solar project in Rajasthan
A requirement for domestic-only solar modules has been lifted in the latest solar tender by the Indian power giant. Interested bidders have until next Wednesday to get their submissions in.
EESL tenders 100 MW solar in 3 states, plans 200 MW rooftop in Maharashtra
India’s Energy Efficiency Services Ltd (EESL) has invited bids from domestic and international players for setting up of small grid-interactive solar plants ranging from 500 KW to 2 MW at lands of state-owned utilities. The cumulative capacity, to be installed in turnkey mode, is 40 MW for Maharashtra and Andhra Pradesh each and 20 MW for Jharkhand. The state-run energy service company is also mulling to install an aggregate 200 MW of grid-connected solar rooftop across 5,000 state-owned buildings in Maharashtra.
Government prepares new payment security mechanism for developers — four months after the last one
Solar Energy Corporation of India was given a Rs 500 crore cash pot to help developers in February, but that clearly wasn’t enough, as a second newly announced scheme underscores just how much financial distress the country’s state power companies are in.
BHEL wins Rs 800 crore EPC orders for 200 MW solar power plants
The state-owned engineering major will set up a floating solar plant at NTPC Ramagundam in Telangana and a ground-mounted plant at Raghanesda Ultra Mega Solar Park in Gujarat, with a capacity of 100 MW each.
