Suzlon sells two solar arms to CLP India
Suzlon Energy sold to CLP Wind Farms its majority stakes in SE Solar and Gale Solarfarms for Rs 76.55 crore and Rs 22.54 crore, respectively. It had set up these subsidiaries, in partnership with CLP India, for a 100 MW solar project in Telangana and a 50 MW project in Maharashtra.
Revisit forecasting and scheduling regulations for renewable power generation: NSEFI to MERC
To enhance the effectiveness of settlement mechanism, the National Solar Energy Federation of India (NSEFI) has asked the Maharashtra Electricity Regulatory Commission (MERC) to allow aggregation of generation schedule based on independent power producer or quality coordinating agency and considering the same for calculation of deviation. Removal of the rescheduling charges and dual payment mechanism are among other changes sought.
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.
