Indian solar generators largely unaffected amid Covid crisis, says Fitch Ratings
Liquidity of solar generators remains largely unaffected as they have been receiving payments from Discoms regularly. Azure and Adani Green Energy restricted groups, in particular, have comfortable liquidity position and will be able to meet their mandatory expenditure in the next six to 12 months.
Mega-scale solar farms Vs distributed generation with battery storage
Distributed generation with battery storage can revolutionize solar development in India in the shortest time period with minimal investment.
MNRE backs multi-pronged approach to support solar sector
The Indian government is working on the creation of a Rs 10,000 crore (US$1.3 billion) alternative investment fund to provide payments to PV developers.
Adani Green Energy arm commissions 50 MW solar plant in Rajasthan
An aggregate 2198 MW AC of solar capacity is now operational by the developer which aims to become the world’s largest solar player by 2025.
SECI invites queries online as pre-bid meetings get cancelled
Prospective bidders for 34 MW solar project in Telangana and 14 MW solar plus storage project in Ladakh have been asked to submit any queries online as pre-bid meetings get cancelled due to Covid-19 lockdown. Further, bidding deadline for Ladakh project has been revised to June 1.
Pumped electricity storage makes a comeback in India, and the world is taking note
India’s energy storage juggernaut is on a roll with the country discovering the cheapest renewables cum storage tariff in history, anywhere in the world. The technology chosen is pumped storage. And by setting up an enabling environment, the government has signalled its commitment to boosting the market!
SECI tenders 34 MW (AC) solar projects for SCCL in Telangana
The grid-connected, ground-mounted projects—to be set on turnkey basis—shall come up at Chennur (11 MW) and Kothagudam (23 MW) sites of Singareni Collieries Company Limited (SCCL). Bids can be submitted till April 20.
SECI tenders 5 GW of grid-connected renewable projects with storage option
The selected developers shall set up renewable power projects on build-own-operate basis anywhere in India and complement the generated renewable power with thermal power, if needed, to ensure round-the-clock power supply.
Ministry explores alternatives to bank guarantees for solar projects
Lobby group the National Solar Energy Federation of India has welcomed the move and asked the Ministry of New and Renewable Energy to extend any such measures to existing contracts to help developers meet working capital requirements.
Optimal grid utilization imperative whilst integrating renewable energy
The Solar Energy Corporation of India should amend the 400 MW round-the-clock supply tender to make co-location of solar, wind and storage mandatory in order to ensure optimal utilization of transmission infrastructure, says NSEFI chairman.
