Indian Renewable Energy Development Agency Ltd (IREDA), the implementing agency for the Production Linked Incentive (PLI) Scheme, would soon issue the selection document for solar manufacturers who wish to apply for state cash to set up production lines in India.
EPC contractors now have until May 19 to lodge their interest in setting up the grid-connected solar capacity—including 40 MW conventional ground-based and 10 MW agrivoltaics. The PV projects shall come up in Cuddalore and Tiruvannamalai districts.
SHV Energy, a Netherlands-headquartered global distributor of liquefied petroleum gas (LPG), has invested in India’s SunSource Energy as it seeks to realize new opportunities within distributed renewable energy. The investment also enables SunSource to expand its distributed solar portfolio.
Solar manufacturers have welcomed the bidding criteria which apply to the incentives offered for setting up gigawatt scale, high-efficiency PV production lines but would like a bigger budget, to finance significant capacity build-up.
The solar project, spread over a 499.27 hectare area, is scheduled to be commissioned within 15 months from the power purchase agreement (PPA) date.
The federal government will provide INR968 crore of soft loans for a INR1307 crore, 100 MW solar park near the Jamuna river in Bangladesh’s Jamalpur district, where a second park of a similar size is being planned by Dhaka and a Chinese partner.
In large-scale solar, Adani was the largest developer by capacity, and Sterling & Wilson the preferred EPC partner. Tata Power Solar led in rooftop solar installations.
The Surat-based solar manufacturer has completed the supply of an aggregate 71,690 quantity of 335Wp polycrystalline solar panels to a textile company LS Mills.
Gujarat-based solar developer KPI Global has received a letter of intent from Anupam Rasayan India to execute a 12.5 MW solar project under captive power producer category.
Solar power developers have until June 15 to lodge interest for setting up the 15 MW grid-connected solar PV project in the Bilaspur district of Himachal Pradesh.
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