The estimated project cost for 25 years is Rs 1500 crore. Bids can be submitted till October 21, along with Rs 50 lakh as bank guarantee.
The Chinese communications giant and inverter maker has signed an 860 MW contract with solar developer Adani Green Energy to supply its FusionSolar Smart PV Solution 6.0 with SUN2000-185KTL-INH0 inverter.
The state-run power producer has invited solar developers and EPC contractors to enlist for balance-of-system package of its solar project. Applications can be submitted till October 3.
A total of 168 expressions of interest were received by the Ministry of New and Renewable Energy in the second round of PACEsetter Fund programme. Out of these, projects by the Society for Economic and Social Studies, Customized Energy Solutions India, The Energy & Resources Institute and Raghavendra Suntech Systems were chosen for the award of grants.
India’s transition toward electric vehicles and renewable generation makes a strong case for grid-scale battery storage. And with the government going all out to ensure that demand is met through local manufacturing, ample opportunity is being created for joint ventures – as the country, at present, lacks the requisite experience.
The government’s move to slash corporate tax rates to 22% from 30%—and to 15% for new manufacturing companies—has largely been hailed by the solar industry even as it feels impact will be limited.
High levels of interest in floating solar installations in the Indian market was demonstrated on the second day of the Renewable Energy India Expo, which concludes today in New Delhi. The pv magazine Future PV Roundtable addressed the theme in a full-house conference session, where many questions were raised about module and array durability and performance, along with monitoring, O&M and safety considerations.
The ground-mounted plant—located at the Kadapa cement manufacturing facility in Andhra Pradesh—was completed in a record two months for captive electricity consumption.
While some of the industry insiders gathered at REI 2019 have made predictable calls to be free of the restrictions imposed by regulators, others maintained policy support is crucial and audience members voiced concern about India’s lack of recycling rules.
Policies, non-government initiatives and market forces have started driving the adoption of more rigorous quality-assurance practices in Indian PV project and module manufacturing this year.
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