Uttar Pradesh cancels 1 GW projects due to high tariff
Citing high tariff of INR 3.48 ($0.050)/kWh as untenable, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has cancelled the recent auction for the development of 1 GW grid-connected solar PV projects across the state.
Azure Power wins 300 MW project to surpass 3 GW portfolio
The independent power producer has continuously expanded its project pipeline, routinely winning multimegawatt tenders. The latest winning bid relates to a pending PPA at Rs2.64 per kWh.
Tata Power wins 250 MW solar project in Karnataka
Tata Power Renewable Energy Ltd (TPREL), an arm of Tata Power, has won a contract to develop 250 MW (50 MW x 5) of solar projects in Tumkur district of Karnataka.
ACME Solar wins 600 MW SECI project at lowest ever Indian tariff
ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.
3 solar takeaways from 2018 CEEW REdialogue
On the sidelines of the Renewable Energy Dialogue 2018, organized by Council on Energy, Environment and Water (CEEW) in New Delhi recently, pv magazine spoke to the Counil’s founder and CEO, Arunabha Ghosh, senior programme lead, Kanika Chawla, and Hero Future Energies CEO, Sunil Jain about the performance of India’s renewable sector over the past year, the reasons for the deferral of solar PV project auctions, and the poor uptake of rooftop solar in India.
India’s top 10 renewable players claim over 60% of projects, says CEEW-IEA study
Despite this, at least half the companies among the top 10 – in terms of shares of projects sanctioned – changed every year between 2014 and 2017. International independent power producers (IPPs) accounted for around 45% of the sanctioned projects in solar parks. Around 35% of the park projects were awarded to IPPs registered in Mauritius, where companies benefit from preferential taxation.
India invites 2.5 GW bids for ISTS-connected wind-solar hybrid projects
The projects are to be developed on a build-own-operate basis for an aggregate capacity of 2,500 MW. The eligible bid capacity is 200-500 MW, with a project capacity of at least 50 MW at one project site. The maximum tariff payable to each project developer is fixed at Rs 2.93/kWh for the entire term of 25 years.
Federal government removes state hurdle for renewable energy projects
The MNRE has removed a layer of bureaucracy by lifting the requirement of proposed projects to be registered with power bodies at sub-national level.
SECI launches tender for manufacturing capacity
The government’s Solar Energy Commission of India (SECI) has tendered 5 GW of solar manufacturing capacity to be set up across the country. The capacity will be linked to grid-connected PV projects with the plants developed on a build-own-operate basis.
SECI announces 3.4 GW of RfS for solar projects
The Solar Energy Corporation of India Limited (SECI) has announced a slew of Requests for Selection (RfS) for the installation of various PV projects totaling 3.37 GW across the country.
