Adani solar power contracts can’t be scrapped without proof: Andhra chief minister
Andhra Pradesh chief minister N Chandrababu Naidu said the state government can’t scrap power offtake contracts unless concrete proof is available.
ReNew sells 300 MW solar asset in Rajasthan for $176 million
The 300 MW solar project, located in Jaisalmer, benefits from a 25-year power purchase agreement with Solar Energy Corp. India Ltd at INR 2.55/kWh. It has been operational for three years.
ACME Solar secures financing for 300 MW solar-wind hybrid project, wins 300 MW PV project
Acme Solar has secured INR 1,988 crore in term loan financing for the development and construction of a 300 MW solar-wind hybrid renewable energy project. It has also secured a 300 MW solar power project in a SECI auction (XVIII tranche).
SECI allocates 600 MW of solar at $0.036/kWh
Acme Solar, Adani Renewable Energy and ReNew have emerged winners in Solar Energy Corp. of India’s 1 GW solar tender.
Kerala launches 125 MW/500 MWh battery storage tender
Solar Energy Corp. of India (SECI) is accepting bids to set up 125 MW/ 500 MWh of battery energy storage system in Kerala, for “on demand” usage by Kerala State Electricity Board Ltd (KSEBL). The project will be supported with viability gap funding. Bidding closes on Feb. 6.
Acme Solar commissions 1,483 MWp in Rajasthan
Acme Solar has switched on four co-located solar projects aggregating to 1,023 MW AC (1,483 MWp) in Rajasthan. The capacity, connected to the interstate transmission system, constitutes 85% of the overall 1.2 GW project that benefits from a 25-year power purchase agreement (PPA) with SECI at a tariff of INR 2.44/kWh.
Reliance Power arm secures LoA for 930 MW solar with 465 MW/1,860 MWh battery storage
This is India’s single largest project of solar and battery storage system.
Reliance Power wins 930 MW solar with 465 MW/1,860 MWh battery storage in SECI auction
Reliance Power’s arm Reliance NU Suntech will develop the solar PV project with battery energy storage system on a build-own-operate basis. The project will supply power under a 25-year power purchase agreement with Solar Energy Corp. of India.
NTPC Renewable Energy wins 500 MW solar in SECI auction
NTPC Renewable Energy has secured 500 MW of solar power capacity at a tariff of INR 3.52/kWh. As per the terms of the tender, the company is required to set up 250 MW/1,000 MWh of energy storage system along with the contracted solar capacity
SECI allocates 2 GW solar, storage at average price of INR 3.52/kWh
Reliance Power has secured the biggest slice of 930 MW. Other winners include NTPC Green Energy Ltd (500 MW), Hero Solar (270 MW), Sembcorp (150 MW) and Solarcraft (150 MW).
