Adani Green Energy has secured 3GW of PV capacity in a 6.4GW solar auction in the Indian state of Andhra Pradesh that saw higher tariffs than other recent tenders in the country.
India installed 745MW of solar and wind in December, taking the country’s total renewables capacity up to 91.1GW, according to new figures from JMK Research & Analytics.
India’s government has increased basic customs duty (BCD) on solar inverters as part of efforts to bolster domestic manufacturing but has excluded modules from any changes.
The latest round-up of project news, including updates from VivoPower on its 39MWdc Molong Solar Farm, PNE USA on four acquisitions, SolarArise on its 75MW commission and EEW on a 260MW sale.
Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers.
Total has agreed to buy a 20% stake in Indian PV developer Adani Green Energy, as the French oil and gas major ramps up efforts to reach its global clean energy targets.
An initial feasibility study into a 600MW floating solar plant in the Indian state of Madhya Pradesh has concluded, with the plant expected to begin power generation by 2022 or 2023.
