Azure surpasses 100 MW of operating solar rooftop capacity
Independent solar power producer Azure Power’s operational rooftop capacity has a levelized weighted average tariff of Rs 5.82 (US 8.4 cents) per kWh—139% higher than the lowest solar power bid in India.
Solar Park Scheme changes set to drive up India solar power prices
The Ministry of New and Renewable Energy has addressed complaints by solar developers about a lack of power evacuation infrastructure by changing its solar park guidelines. Under the new rules, though, developers are likely to incur higher costs.
SECI extends 3 GW manufacturing tender bid submission deadline
The deadline for SECI’s latest attempt to incentivize Indian solar manufacturing by offering generation capacity has come and gone. The government body’s attempts to kick-start domestic production have thus far made little headway.
2 GW solar with VGF support tendered for state-run power generators
As part of the viability gap funding scheme for 12 GW of new solar, SECI has invited bids for setting up of 2 GW of grid-connected solar PV projects. The projects, to be developed on ‘build, own, operate’ basis, can be located anywhere in India for self-use or use by government entities at maximum fixed tariffs of Rs 3.50/kWh. The deadline for bid submission is May 3.
Manufacturing the Manufacturing Policy for Indian Solar Modules
India needs a manufacturing policy that is scalable, secure, strategical and supportive and promotes both the growth and spread of solar while protecting the interests of domestic manufacturers.
12 GW ‘new’ solar with VGF support approved
The president of India has approved the Rs 8580 crore viability gap funding (VGF) support for state-run generators to set up 12 GW of solar projects using domestically-made equipment over the next four years.
Low tariff comes out of Rajasthan 750 MW auction
Record-setting Acme Solar has secured a third of the latest procurement exercise in the state with a lowest bid of Rs2.48/kWh. The tender was oversubscribed by more than 100% as offers came in for 1,620 MW of capacity.
SECI goes into overdrive with 6 GW tender plans announced in five days
The organization responsible for coordinating India’s push for 100 GW of new solar capacity by 2022 has had a busy week. But, as last year illustrated, tenders alone are not always a guarantee of new generation assets.
SECI tenders 97.5MW rooftop solar projects for government buildings
The Solar Energy Corporation of India (SECI) has invited bids for implementation of 97.5MWp grid-connected rooftop solar PV systems on government buildings in different States/Union Territories of India. The projects, under both CAPEX and RESCO models, will be awarded through international competitive bidding. The deadline for bid submission is March 27.
20 MW floating solar-plus-60 MWh storage tendered for Lakshadweep
The Solar Energy Corporation of India has invited bids for the development of an aggregate capacity of 20 MW of lagoon-based floating PV with 60 MWh of battery-based storage systems in the Union Territory of Lakshadweep.
