Unique tender structuring and a 28% module price drop will bring tariffs in the upcoming 750MW solar auction in Madhya Pradesh to extreme lows, according to the latest update from Bridge to India.
Subsidies for Indian cell and module manufacturers are being hampered by delays, as shown by data from the Department for Electronics and Information Technology.
Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of Indian firm Tata Power, has commissioned a 49MW solar plant at Kayathar, Tamil Nadu, under Welspun Renewable Energy Private Limited (WREPL).
Solar tracking manufacturer NEXTracker has bagged an order to supply 30MW of its advanced NX Horizon single-axis trackers to Indian developer CleanMax’s 30MW solar project in the state of Tamil Nadu.
India’s expected four-fold rise in energy demand over the next 15 years will open “immense business opportunities” for Japan in the sector in India, according to Indian energy and mines minister Piyush Goyal.
Indian salt producer Sambhar Salts Limited (SSL), a subsidiary of state-owned firm Hindustan salts, has invited Expressions of Intent (EOI) for the development of a 100MW solar project in the state of Rajasthan, on an EPC basis.
The Indian states of Telangana and Assam have joined the government’s major rescue package for the country’s debt-laden distribution companies (Discoms), on the same day that a web portal and mobile app for the scheme was launched.
India has proposed providing a grant of up to INR3.75 million per MW (US$54,100) to encourage distribution companies to support net metering of rooftop solar on their networks.
India is expected to add more than 9GW of solar PV capacity this year, but its long-term renewable energy future requires adding transmission capacity and removing bottlenecks immediately, according to the latest quarterly solar market update from consultancy firm Mercom Capital Group.
