The energy nodal agency in the Indian state of Tamil Nadu has put in a bid for 50MW of solar in a 500MW retender due to insufficient interest from other players, according to consultancy firm Mercom Capital Group reporting a Tamil Nadu Energy Development Agency (TEDA) official.
India has sanctioned the benchmark costs for grid-connected rooftop and small-scale solar PV plants for 2017/18, according to a Ministry of New and Renewable Energy (MNRE) release.
India is expected to double its installed solar PV capacity from 10GW to 20GW within 15 months, according to energy and mines minister Piyush Goyal, who is also encouraging manufacturers to locate in India.
India’s largest utility NTPC has invited bids for the development of 750MW of solar capacity at the Pavagada Solar Park in the southern state of Karnataka.
Indian solar developers have been more aggressive than their international counterparts in solar tenders and their risk pricing appears to have been inadequate, according to a new report from consultancy firm Bridge to India.
Solar tracking manufacturer NEXTracker is expanding in India by manufacturing additional structural components for its solar trackers in country and taking on Indian steel tube producer APL Apollo Tubes as another supply partner.
Integrated PV firm Tata Power Solar has doubled its module manufacturing capacity and raised its cell capacity by 65% at its plant in Bangalore, southern India.
Kolkata-based engineering firm McNally Bharat Engineering has received an order to perform EPC and O&M services for 500MW of grid-connected solar PV projects in the Indian state of Andhra Pradesh.
Just when forecasts for India’s solar manufacturers in 2017 projected a dire outlook, energy minister Piyush Goyal has reportedly said in parliament that the previously touted incentives package for domestic firms will not be moving forward for the foreseeable future.
