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.
Gujarat’s latest 500 MW solar auction serves up a low tariff
Aggressive bidding secures price of Rs2.55 for U.S. company in a procurement exercise whose results are unlikely to see GUVNL throw its toys out of the pram.
Government approves Rs46,000 crore for KUSUM and rooftop solar
The government of India has approved central financial support of more than Rs46,000 crore by 2022 to promote solar among farmers and in the residential sector. The KUSUM scheme for farmers has been allocated Rs34,422 crore and the rooftop solar program Rs11,814 crore.
Q4 utility-scale solar down 46%: Bridge To India
India’s utility-scale solar capacity addition during October-December 2018 went down 46 per cent over the corresponding period of 2017. In contrast, rooftop solar grew strongly at 47 per cent.
Vikram Solar commissions 200 MW utility-scale solar in Andhra Pradesh
The plant, situated in district Anatapuramu of Andhra Pradesh, is segregated into two blocks of 100 MW each for better management and higher efficiency. It is expected to power nearly 150,000 homes once connected to the grid.
20 MW floating solar-plus-60 MWh storage tendered for Lakshadweep
The Solar Energy Corporation of India has invited bids for the development of an aggregate capacity of 20 MW of lagoon-based floating PV with 60 MWh of battery-based storage systems in the Union Territory of Lakshadweep.
Maharashtra auction sees tariffs hit Rs 2.74 per unit
Tariffs retracted distinctly from Rs 2.84 per unit seen in the 700 MW Gujarat solar auction recently, inching closer to the Rs 2.71-2.72 level of Maharashtra’s previous tender.
Magenta Power and Mahindra Susten partner to offer customised rooftop solar solutions
Magenta Power, a Mumbai-based solar power and electric vehicle charging solutions provider, and Mahindra Susten, renewable arm of US$20.7-billion multinational Mahindra Group, will jointly work towards developing technological solutions and rooftop solar power installations.
Safeguard duty respite for solar developers in Maharashtra
Change of law decision by state electricity regulator opens the door for compensation, but only for schemes completed before duty was applied and commission ignored pleas to fix the rate of payments.
Actis calls off plans to buy Essel Infra’s solar assets
Earlier, UK-based private equity investor had reportedly agreed to buy 685 MW of Essel’s solar power projects (including installed and under-construction) for around Rs 4,700 crore.
