Asia

The Bengaluru-based solar module manufacturer, which has a state-of-the-art facility with capacity of 150 MW per annum, had closed the operation of its units since March 24 after the government announced lockdown to contain Covid-19 spread.

The successful bidders shall supply balance-of-system (BOS) and install and commission the solar pumping systems with modules supplied by the Central Electronics Limited. Bidding closes on May 25.

Findings from solar installation sites in Gujarat and Rajasthan and some suggestions to handle the issues.

Australia based Neometals and India’s Manikaran Power—which announced their collaboration on India’s first lithium refinery last year—have also doubled the proposed refinery capacity to 20,000 tonnes per annum of lithium hydroxide.

While the solar and storage pairing is still relatively new, the growth over the next five years will be significant globally. As against just 5% in 2019, by 2025 more than 25% of all behind-the-meter solar systems will be paired with storage.

India Ratings says the power demand declined for March and April 2020, taking a hit on generation from thermal sources as renewables continued to enjoy ‘must run’ status.

The Central Electronics Limited (CEL) seeks to empanel balance-of-system (BOS) suppliers for compact solar power packs ranging from 1 kWp to 5 kWp. The empaneled vendors shall also be responsible for installation and commissioning of the packs at four locations—in and around Pune, Chennai, Delhi National Capital Region and Sahibabad.

The Directorate General of Trade Remedies (DGTR) has granted an extension till May 11 for the solar manufacturers and importers to file their responses as it probes the need for continuing with the imposition of safeguard duty on solar cells, whether or not assembled into modules.

Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.

Liquidity of solar generators remains largely unaffected as they have been receiving payments from Discoms regularly. Azure and Adani Green Energy restricted groups, in particular, have comfortable liquidity position and will be able to meet their mandatory expenditure in the next six to 12 months.