Another bidding extension for off-grid solar and storage project in Himalayas
The Solar Energy Corporation of India has extended the bidding for its off-grid solar and storage project in Himalayas. The revised deadline is now December 21.
India draws new record-low solar tariff of INR 2/kWh
A recent SECI auction secured the lowest bid of INR 2/kWh, 15% lower than the INR 2.36/kWh record-low winning bid by Spanish developer Solarpack in a 2 GW auction previously.
SunSource Energy bags 4 MW floating solar+2 MW storage project in Andaman & Nicobar
The latest win follows a 1.95 MW/2.15 MWh solar-plus-battery storage project bagged by the developer for the union territory of Lakshadweep in July this year.
Evolving risks could dampen solar investment flow
Indian solar sector remained buoyant even amid Covid pandemic as 15.3 GW of solar capacity (including solar-wind hybrid) was sanctioned in the current year’s first half itself. However, returns expectations from equity investments rose from around 14% in the first half of 2019 to 16-17%, indicating heightened risk perceptions among investors.
One-month bidding extension for 100 MW solar-plus-storage in Chattisgarh
Bidders now have until November 27 to submit bids for developing the ground-mounted, grid-connected project in turnkey mode.
India’s wind-solar hybrid capacity could grow 80 times in three years
A new report by the Institute for Energy Economics and Financial Analysis (Ieefa) and JMK Research estimates India to have about 11.6 GW of operational wind-solar hybrid capacity by 2023.
Off-grid solar and storage solutions for Himalayas
The Solar Energy Corporation of India has issued a call for expressions of interest to supply clean energy to isolated off-grid communities and warned components will probably have to be transported manually.
Solar development amid changing landscape
Ranjit Gupta, CEO, Azure Power, speaks to pv magazine about solar development in India against the backdrop of Covid pandemic and government’s push for self-reliant India, and the progress of their manufacturing-linked project.
Auctions show Indian renewables still primed for growth
A report by the Institute for Energy Economics and Financial Analysis says there is plenty of investment capital available for Indian renewables despite pandemic disruption.
Floating PV driving Odisha solar growth
The state, which is aiming to hit 2.2 GW of solar within two years, has received a Solar Energy Corporation of India proposal for 500 MW of floating project capacity even as it approves a 40 MW water-borne array put forward by the national solar body. The 500 MW suggested comes on top of a similar scale of floating PV planned across the state by public hydropower company NHPC.
