Andhra Pradesh pulls back on open access solar
The state has decided to withdraw almost all incentives available to open access solar, including exemption from electricity duty and distribution losses for projects injecting power at 33 kV or below. The policy reversal—clearly to appease state discoms—is likely to impact capacity addition.
Avanze setting up 1 GW Lithium-ion cells plant in Andhra Pradesh
Delhi based Avanze Inventive will set up the Lithium-ion cells manufacturing unit in the state of Andhra Pradesh with the help of the Andhra Pradesh Economic Development Board (APEDB). The plant, with total size of 1 GW, will entail a total investment of Rs 1800 crore (US$ 256 million).
Change in form of Indian power purchase agreements may occur, says UK developer
The chief executive of Britain’s Proinso suggested slashing the length of power supply contracts from 25 to just five years could be a significant setback for Indian solar, and said the solution could be a hybrid agreement incorporating fixed and spot prices.
Andhra Pradesh regulator considers five-year PPAs
Hard-up distribution companies say they are not reaping the benefits of falling renewable energy generation costs because 25-year deals tie them to paying power prices which now appear unjustifiably high.
Andhra Pradesh gets fresh Lithium battery investment worth Rs 3400 crore
Following New Delhi based Urja Global, Singapore-based Ojovati and another Delhi-based company Avanze Inventive have signed memorandums of understanding (MoUs) for manufacturing of Lithium-ion cells and batteries in the state, respectively.
Urja Global to make electric cars and Lithium-ion batteries in Andhra Pradesh
New Delhi based Urja Global will set up an integrated plant for electric vehicles and Lithium-ion batteries at an investment of Rs 200 crore. The announcement comes hot on the heels of US-based Tecchren Batteries’ Lithium-ion venture in the state.
A solar decade: From 9 MW to 28 GW
There is widespread doubt about whether India can achieve its 100 GW solar target by 2022 but, having started from a base of only 9 MW of capacity 10 years ago, it would be foolish to write off the prospects of this solar superpower.
Developing an energy sector vision in Andhra Pradesh – IEEFA India
Situated in south-east India, the state of Andhra Pradesh is a leading producer of renewable energy with 7.2 GW of installed capacity as of December 2018. The state’s share of renewable energy as part of total capacity has trebled in the last four years from 11% in 2014 to 30% in 2018.
NLC prepares way for 1 GW of solar in Tamil Nadu
State-owned NLC India Ltd – formerly the Neyveli Lignite Corporation – has signed a memorandum of understanding with the government of Tamil Nadu to set up a 1 GW solar project in the state.
Tecchren joins the race to make lithium ion batteries in India
Tecchren Batteries will establish a 200 MWh LiFePO4 battery manufacturing unit at Sri City in the state of Andhra Pradesh. Set up after an investment of Rs446 crore, the unit will produce approximately 700,000 li ion batteries per year.
