Tata Power Solar Systems has received a “letter of award” of INR5.96 billion (US$75 million) from NHDC to set up a 125MWp floating PV project in India.
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.
After record low tariff project gets safeguard duty relief, ACME Solar president tells PV Tech that compensation payment timelines are clear and other state commissions will likely follow centre's lead, while analyst warns of PPA differences.
Etrion bags permits for 45MW Niigata project, Madhya Pradesh state calls for bids for 25MW rooftop scheme, Sri Lanka signs MoU with Canada for 100MW floating farm.
India continues with 1.2GW of PV in Madhya Pradesh, 275MW in Uttar Pradesh, and a significant solar-plus-storage tender in Andhra Pradesh, while the prime minister approves the 'National Mission on Transformative Mobility and Battery Storage'.
The Indian state of Uttar Pradesh has drawn lowest bids of more than 3 rupees per unit for its latest 500MW solar auction, but these were still significantly lower than tariffs from its 1GW auction that was annulled over the summer.
Indian developer Azure Power has won 11.2MW and 600kW rooftop solar power projects in bids conducted by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) and Indraprastha Power Generation Company Ltd (IPGCL) respectively.
Madhya Pradesh Urja Vikas Nigam Limited’s (MPUVNL) 35MW rooftop solar auction has drawn bids as low as INR1.58/kWh (US$0.022), however the tariffs include an escalator and are heavily subsidised.
Neoen closes finance for 51MW Jamaica solar park, Enel starts production at Australia’s largest Solar PV Project, Vikram Solar commissions 10MW solar project in Madhya Pradesh.