Having extended around two billion euros for clean energy projects, Germany will now support India in improving green urban mobility infrastructure, solutions and services in cities. Furthering its support for clean energy transition, it will also provide concessional loan of 200 million euros for a DISCOM investment facility in India.
The manufacturing linked ISTS tender may face a ‘no bid’ situation even with amendments and bidding extensions, industry insider Gopal Lal Somani tells pv magazine as he explains the major reasons for developers’ cold response to some of the recent tenders.
November 21 is the last date to bid for the solar capacity which shall come up at NTPC’s Anta project in Baran district. Bids must be accompanied with Rs 20 million as bank guarantee.
Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.
The ISTS connected projects—to be developed on ‘build-own-operate’ basis—can be set up anywhere in India for round-the-clock power supply to New Delhi Municipal Council and Dadra & Nagar Haveli. December 3 is the last date for bidding.
By going for captive solar plants, MSMEs can not only contribute in addressing the challenge of global warming but also generate additional cash flows to their business. Ample funding is available for them to make the switch.
Solar generation capacity aggregating to 7 GW—as against 6 GW earlier—will now be awarded against setting up of 2 GW of annual manufacturing capacity. Tariff ceiling has also been increased to Rs2.93/kWh, from Rs2.75, for a period of 25 years. Bids can be submitted till October 31.
“The addition of microgrids creates opportunities for developers to penetrate areas which were not previously explored while allowing the government to meet its renewable energy targets,” says Dr Jayashri Ravishankar—senior lecturer at the University of New South Wales (UNSW), Sydney—in an interview with pv magazine.
Plant load factor for thermal power generators ramped up to 70-80% between July 2019 till date while solar power projects were arbitrarily backed down by more than 60-70% of their operational capacity during the same period.
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