Analysis: Siemens’ move for Kaco unlikely to threaten Indian jobs
The German giant – which manufactures central inverters near Mumbai – announced plans last week to acquire Kaco and start a new smart infrastructure business from April 1. In light of those moves, pv magazine spoke to IHS Markit’s Cormac Gilligan about the new kid, albeit huge, on the block.
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.
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.
Maharashtra’s 1 GW tender oversubscribed to the tune of 1.9 GW
Avaada Power and Adani lead the way with each bidding for half the 1 GW of capacity available, after the state distribution company raised the maximum tariff and extended the bid deadline.
Maharashtra to add 3.2 GW solar capacity in two years
The state has ordered 200 MW of PV across each of 16 zones this year and next, and said all government buildings, water and irrigation projects will host solar arrays.
Renewable capacity in India set to jump by 50% in 2019
India is set to add renewable energy capacity of 15,860 MW in 2019, a leap of 50% on the 10,560 MW installed last year. Around 70% – 10,902 MW – of the new capacity will come from utility-scale solar projects, according to Bridge To India analysts.
Maharashtra discom issues 1 GW tender with tariff cap
The Indian state is looking to install 1 GW of new solar PV power under a new tender issued. A ceiling tariff of Rs 2.80 (US$0.039) has been set.
NTPC tenders 1.2 GW of grid connected solar capacity
The projects, in Maharashtra, will be commissioned through a reverse auction with technical bidding to close on December 19. The deadline for the submission of financial bids and the date for the reverse auction after the opening of financial bids, will be published in due course.
Suzlon partners with CLP for 70 MW solar capacity in Maharashtra
CLP India will acquire a 49% stake in Suzlon’s 50 MW and 20 MW solar projects in Dhule, Maharashtra. These two projects were won by Suzlon through competitive bidding in auctions by the Solar Energy Corporation of India Limited (SECI). As per the power purchase agreement signed, the tariff rate is fixed for 25 years at 4.115 INR/kWh for 20 MW and 3.66 INR/kWh for 50 MW.
Deger Energie, Kavitsu announce new PV tracker manufacturing fab in Maharashtra
Germany’s Deger Energie and India-based Kavitsu Robotronix will open a new solar PV tracker manufacturing facility in India. The first products are set to come off the production line in January 2019.
