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.
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 major scheme to alleviate the debts of its distribution companies (Discoms) now covers 90% of the aggregate debt of all Discoms after the state of Tamil Nadu joined the programme today.
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.
Solar development in India is being held back by delays in preparing the 20GW of solar park capacity planned by the central government, according to consultancy firm Mercom Capital Group.
State-owned firm Indian Railways, which carries 23 million passengers everyday, is targeting 5GW of solar by 2025 in partnership with global development organisation UNDP.
Indian minister for energy and mines Piyush Goyal has said that distribution companies (Discoms) failing to implement the priority status for renewbale energy plants is hampering the industry.
Participants in Solar Energy Corporation of India’s (SECI) 500MW rooftop solar tender have put in a high variation of bidding levels with some states undersubscribed, according to Jasmeet Khurana, associate director, consulting at Bridge to India.
