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.
India added 1.2 GW of large-scale projects in the third quarter of 2018-19, taking new capacity in the first half to 1.9 GW. The numbers are down 43% and 44%, respectively, on the same periods of the previous year, according to Bridge to India’s quarterly India Solar Compass.
Azure Power has announced the early closing of a financing deal worth INR 4 billion (around US$58 million) for a 100 MW solar plant in the Indian state of Karnataka; and INR 6 billion (around $88 million) for a 200 MW solar power plant in Rajasthan. It also signed 415 rooftop solar PPAs in Madhya Pradesh.
South Africa’s Phelan Energy Group has reached financial close on its 50 MW solar PV project, located in Rajasthan. It is set to be online by October.
As of July, Acme Solar had about 2.8 GW solar projects at different stages of development across India. Recently, it won another 600 MW of SECI’s 3 GW interstate transmission system (ISTS) tender, at a tariff of INR 2.44/unit (USD 0.036/unit).
Ecoppia’s water-free robotic cleaning solution of PV power plant is the priority in the water-deficient area of Bhadla, Rajasthan. The Israel based company won all the tenders for water-less robotic cleaning technology issued by tier-1 players in 2017, cementing its dominance in India.
The projects developed through special purpose vehicles (SPVs) are located across three states in India: Telangana (210 MW), Rajasthan (60 MW), and Maharashtra (70 MW). The company told pv magazine that it is looking at solar-wind hybrid projects, citing them as good solutions for better grid utilization.
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