India is set to add renewable energy capacity of 15,860 MW in 2019, a leap of 50% on the 10,560 MW installed last year. Around 70% – 10,902 MW – of the new capacity will come from utility-scale solar projects, according to Bridge To India analysts.
Under the new Solar Policy 2018 announced on Thursday, Andhra Pradesh has set a minimum target of 5 GW of newly installed PV power capacity over the next five years.
Following hot on the heels of Exide Industries, lead acid battery maker, Indian-based Amara Raja Batteries Limited has said it will set up a 100 MWh lithium ion assembly plant in Andhra Pradesh. The company aims to establish a foothold in the energy storage market for electric vehicles.
The Solar Energy Corporation of India Limited (SECI) has announced a tender for a 160 MW wind, solar and storage plant to be located in the state of Andhra Pradesh.
The U.S. Trade and Development Agency (USTDA) has approved a grant supporting the technical design and project planning work for IL&FS Energy Development Company Limited’s (IEDCL) 41 MW hybrid wind, solar and energy storage power plant in Andhra Pradesh.
Greenko Energies will set up India’s largest Integrated Renewable Energy Project (IREP) in Andhra Pradesh at an investment of INR 150 billion (US$2.2 billion). Recently approved by the Andhra Pradesh government, the project will comprise 1,000 MW of solar energy, 550 MW of wind energy and 1,200 MW of standalone pumped storage capacities. It is expected to provide employment to 15,000 people during construction and 3,000 people after construction.
Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has commissioned 100 MW of solar capacity at the Anthapuramu Solar Park in Andhra Pradesh, taking its overall renewable capacity to 2,215 MW in India.
Indian energy company Azure Power recently announced that it has connected a 50 MW PV project in the Indian State of Andhra Pradesh. The company states that the completion of this project brings its portfolio of operational solar assets past the 1 GW mark.
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