Markets

Tangedco’s reputation for late payments scared off developers in its latest two, failed tender exercises. The solution? Get government body SECI to hold the auctions, because everyone knows it pays on time!

Rajasthan Electronics & Instruments Limited, Jaipur has invited bids to supply 2.87W crystalline silicon solar cells. The quantity to be supplied is 450,000. The deadline for bid submission is May 24, and bids will open on May 25.

Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.

The company’s electric vehicle (EV) charging service combines physical components such as charging stations, swap stations and telematics systems, with virtual components like cloud service, analytics and artificial intelligence.

The National Institute of Solar Energy has invited bids to fabricate, supply, install and commission 800 solar dryer cum space heating systems in Jammu and Kashmir. The systems will be installed in the Leh and Kargil regions in a phased manner. The deadline for bid submissions is May 24, with technical bids opening on May 27.

Electric vehicles could account for more than half of all passenger cars and buses sold throughout the world within the next two decades, according to a new report by BloombergNEF. Sliding lithium-ion battery costs will make EVs cheaper than vehicles based on internal combustion engines by the mid- to late-2020s, the research firm says.

The Ministry of New and Renewable Energy (MNRE) has said that off-grid solar plants that have been installed under its own programmes can be connected to the grid in locations where net-metering provisions are in place.

The European solar trade body expects 128 GW of new PV capacity in 2019, with China likely to bring around 43 GW online and Europe experiencing enough demand to deploy about 20.4 GW. In 2020, global solar demand is expected to reach 144 GW, while in the following three years new PV additions are forecast to total 158 GW, 169 GW and 180 GW, respectively.

Rajasthan Electronics & Instruments Limited (REIL), Jaipur, has invited bids to supply 4.3 W and 4.5 W multicrystalline silicon solar cells. The deadline for submissions is June 4.

And the analyst expects that annual new additions figure to rise to 10.6 GW in 2025. This year the U.S. will surpass South Korea as the largest storage market due to new capacity for solar-plus-storage projects. In Japan and Australia, growth will be spurred by the termination of FIT programs.