Solar power generators have until February 3 to bid for supplying the power from their proposed or under-construction PV projects under a 25-year PPA.
Bidders have until February 3 to lodge their interest for the solar projects to be set up anywhere in India.
That meant the nation reached a cumulative 4.8GW of “open-access” solar generation capacity by the end of September. At that point, there were also more than 1.1GW of open access projects in the development pipeline, according to analyst Mercom India Solar.
The open-access solar facility, located in the Raichur district of Karnataka, shall supply electricity under a 25-year power purchase agreement (PPA) with Bosch Limited.
The title of Martin Schachinger’s October market commentary was “Module prices set to rocket back to 2019 levels.” This month, he writes that prices have already reached December 2018 levels and notes that there is no reversal in sight. Prices for all module technologies have once again risen by an average of 3 percentage points since last month.
As India ramps up renewable capacity, there will be a higher requirement for substations, transmission corridors as well as battery energy storage. There is tremendous potential in technology localization in areas such as remote power monitoring, predictive maintenance, EV charging, green hydrogen, and energy storage.
The PV plant, in the Bikaner district of the state, is the largest PV power project in India owned and operated at a single location by a developer.
Reliance Industries said its solar unit will buy UK-based sodium-ion battery technology provider Faradion for GBP100 million (US$135 million) including debt, as the Indian conglomerate pushes forward with its ambitious plan to move into the renewable energy industry.
The Mumbai-headquartered solar manufacturer supplied its 335 Wp polysilicon modules for the 1.53 MW PV project located at Kovilpatti in the Indian State of Tamil Nadu.
The solar sector in India bounced back to make 2021 the best year in new PV capacity addition. The year also witnessed a massive response to PLI tender for solar manufacturing and launch of 50 GWh battery cell tender and green hydrogen mission.
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