Increased funding under the KUSUM Scheme to create further markets in farmland solar, viability gap funding to promote installation of grid-connected battery storage, and R&D support to zero-carbon technologies for cement and steel sectors would take India ahead on the green path—says the sustainability thinktank.
The first Indian power plant, with a capacity of 5.5 MWp, was inaugurated in 2017 in the state of Uttarakhand. With the just commissioned photovoltaic power plant of 27 MWp, the developer claims to offer the lowest price of solar electricity in the Indian state of Maharashtra.
India needs to look at a diverse set of flexibility options such as natural gas capacity, variable renewables themselves, energy storage, demand-side response and power grids, to ensure successful integration of wind and and solar PV, says an International Energy Agency (IEA) report.
The project—valued at Rs 15,050 million—is to be set up using only domestically manufactured cells and modules. Completion period is 20 months.
Norwegian analyst Rystad Energy has predicted the stop on PV tenders in Karnataka will see Rajasthan become India’s leading solar state this year. The market research firm expects India to add only 10 GW new solar in 2020, however, and the same figure in 2021.
The annual global outlook report for solar published by IHS Markit notes there was no real uptick in the amount of new capacity added last year, compared with the returns seen in 2018. That is likely to kill any hope India has of overtaking the U.S. as the world’s second biggest solar market in 2020.
Ceiling tariff is fixed at Rs 3.13 per unit for the 30 MW grid-connected projects that are to be set up by state-run generators using domestically made equipment. The 940 KW of off-grid solar capacity is tendered under state budgetary support for year 2019-20.
Bidders can pitch for up to 300 MW of generation capacity per project with the deadline for proposals on February 4. The eighth tranche of inter-state transmission system program capacity offered by the Solar Energy Corporation of India comes with a solar energy price ceiling of Rs2.78/kWh.
Developers have until January 17 to submit bid for the grid-connected projects that are to be set up anywhere in India on build-own-operate basis. Tariff ceiling payable to the project developer is fixed at INR 2.78/KWh for 25 years.
The Chennai-based solar EPC contractor and trader, which formed SIL Rooftop Solar as the new subsidiary in October, has included battery-based energy storage as a focus area in addition to renewable energy projects.
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