The solar project, spanning 756 acres of land, was commissioned within the scheduled timeline despite the various challenges posed by Covid-19 pandemic.
UPC-AC Energy Solar, a joint venture of UPC Solar and AC Energy, has commissioned two solar farms aggregating to 210 MW (150 MW AC) capacity, including 140 MW (100 MW AC) in Rajasthan and 70 MW (50 MW AC) in Gujarat. It has a further 420 MW (300 MW AC) solar assets scheduled for construction in Madhya Pradesh as it aims for about 1 GW of operating PV capacity in India by 2023.
The Indian developer will build a 1,300 MW hybrid renewable energy capacity (900 MW wind plus 400 MW solar) supplemented with storage to ensure a round-the-clock supply. The project cost is estimated at approximately US$ 1.2 billion.
Italy’s Enel Green Power is developing the solar project in the Bikaner district of Rajasthan. The total project cost is approximately US$200 million.
The state-owned hydropower producer has already identified the land for the solar project in village Deora of the Jaisalmer district. It shall acquire the land on a long-team lease basis to develop the project.
The sharp-edged angles at a solar installation site in Rajasthan injured a camel so severely that it bled to death.
The latest transaction follows MUFG’s commitment to the debt funding facility for Adani Green’s under-construction hybrid portfolio of solar and wind projects in Rajasthan.
Applications are invited for procurement of power generated from NTPC’s 735 MW solar power project in Nokh, Rajasthan. To qualify, the applicant must have a sanctioned load greater than 2 MW.
After raising equity investment for a 250 MW project, the Indian developer has signed a deal with Brookfield Renewable to develop a 450 MW solar project in Rajasthan.
The Finnish clean energy company, which works primarily on a build-operate-transfer model in India, has signed the agreement to divest its 250 MW solar plant in Karnataka and 250 MW in Rajasthan to UK investor Actis. The transaction is valued at approximately EUR 280 million and will enable Fortum to invest in building new projects.
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