The Chennai Metro Rail Limited seeks to procure 90 million units/annum of solar or solar-wind hybrid power, or 72 million units/annum of wind power through tariff based competitive bidding. Tariff ceiling is fixed at Rs 3.50/KWh for 25 years. Bidding closes on February 13.
Norwegian analyst Rystad Energy has predicted the stop on PV tenders in Karnataka will see Rajasthan become India’s leading solar state this year. The market research firm expects India to add only 10 GW new solar in 2020, however, and the same figure in 2021.
The Chennai-based solar EPC contractor and trader, which formed SIL Rooftop Solar as the new subsidiary in October, has included battery-based energy storage as a focus area in addition to renewable energy projects.
January 4 is the last date to bid for the plants that are to be developed in capacities of 10 KWp to 50 KWp atop government buildings. Bids must be accompanied with bank guarantee of Rs 750,000.
The university researchers will provide expertise in the operation and management of lithium-ion batteries, environmental test facilities for battery modules and advanced battery analysis techniques.
Program aims to drive down the cost of solar electricity to a maximum of Rs2.50/kWh in a nation where tariffs vary wildly from state to state.
The investment will be used to establish an extra-high-voltage transmission link between Virudhunagar and Coimbatore to transfer the additional generation capacity of 9 GW, including 6 GW from renewables, by 2025 to meet the increased power demand in the Chennai–Kanyakumari Industrial Corridor.
The Appellate Tribunal for Electricity (APTEL) observed that Tamil Nadu Electricity Regulatory Commission (TNERC), in its Solar Tariff Order dated March 28, 2016, determined the tariff/capital cost without cogent or adequate reasoning while also being divergent from its own regulations.
The Chennai-based solar components trader and EPC installer expects a surge in tenders for distributed rooftop solar plants across India with guaranteed purchase of power by government enterprises to reduce their energy costs.
Range anxiety continues to be an obstacle to electric vehicle take-up but the nation’s willingness to embrace car-sharing and other workarounds offers plenty of promise to the sector, according a World Economic Forum report.
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