Markets & Policy

The Spanish developer, which will sell solar energy at an Indian record low tariff of Rs2.36/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.

The winning bid, for 300 MW of generation capacity by Spanish developer Solarpack in a 2 GW auction is 3.3% lower than the previous record of Rs2.44.

A 2 GW tender conducted by the Solar Energy Corporation of India has reportedly concluded with prices of Rs2.36-2.38/kWh, according to a tweet which emerged this afternoon.

The state-owned power generator plans to procure around 1 GW of crystalline solar modules in the current financial year. The requirement will increase to 2-2.5 GW capacities per year in subsequent years. 

A new report outlines key considerations for Indian regulators and other stakeholders when designing behind-the-meter distributed solar-plus-storage system programs, based on evidence from similar programs in the United States.

The Directorate-General of Trade Remedies has called a meeting of concerned parties as it considers whether to extend the duty on solar cells.

The country—aiming for a renewable power target of 450 GW by 2030—has emerged as the world’s largest and most competitive clean energy auction market. 

The government needs to rationalize and ensure uniformity of Deviation Settlement Mechanism (DSM) regulations across the country for the seamless integration of renewable energy. 

The levy on modules will then almost double to 40% within a year and cells will see a similar rise, from an initial rate of 15%.

After a 285 MW award from Togo, this is the second such overseas contract for the state-owned power producer which aims to anchor 10 GW of solar parks in ISA member countries over two years.