With Karnataka withdrawing open access waivers and the policy not replicated elsewhere, corporate buyers are increasingly favouring group captive projects that are exempt from the cross-subsidy surcharge—the largest and most unpredictable component of grid charges for open access power.
The success of the e-bike cycling tours – which operate out of recycled shipping container ‘e hubs’ – looks set to be replicated in four more states in short order.
Three dual renewable energy generation projects are up for grabs with the state owned railway management company having set a tariff ceiling of Rs2.70/kWh for projects which will be dominated by wind capacity.
Solar Energy Corporation of India was given a Rs 500 crore cash pot to help developers in February, but that clearly wasn’t enough, as a second newly announced scheme underscores just how much financial distress the country’s state power companies are in.
Currently, the Mumbai-based solar EPC firm is executing 134.5 MWp project capacity to be commissioned by September 2019. It expects to surpass cumulative installation of 350 MWp by the end of FY 2019-20.
India’s leading solar region has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.
The solar manufacturer is installing three rooftop systems in Karnataka and Tamil Nadu for polypropylene woven fabric maker Klene Paks. The units will have a cumulative capacity of 7.63 MW.
The 300 MW solar plant at the Pavagada Solar Park, located in Tumkur district of Karnataka, is ReNew Power’s largest solar plant commissioned in terms of capacity till date. It is said to be the first utility-scale solar plant in India to use high-efficiency mono PERC solar modules.
The chief executive of Britain’s Proinso suggested slashing the length of power supply contracts from 25 to just five years could be a significant setback for Indian solar, and said the solution could be a hybrid agreement incorporating fixed and spot prices.
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