India-based renewable energy company Suzlon Group has commissioned 340MW of solar projects across Telangana (210MW), Rajasthan (60MW DCR category) and Maharashtra (70MW).
Having officially founded the Internarional Solar Alliance (ISA), French president Emmanuel Macron and Indian prime minister Narendra Modi have inaugurated Engie’s 101MW Mirzapur solar project in the Indian state of Uttar Pradesh.
Mahindra Susten completes Rajasthan’s largest rooftop PV plant, L&T Construction bags 200MW of solar EPC orders from SB Energy and NLC India, CleanMax completes Pune rooftop for Knorr-Bremse
After Indian solar tariffs breached a jaw dropping US$0.04/kWh earlier this week in a Rajasthan auction, prices have dropped to yet another record in the same location.
India solar prices have continued their downward spiral, this time with record low bids of INR2.62/kWh (US$~0.04) from Phelan Energy Group and Avaada Power in the state of Rajasthan.
Finnish firm Fortum has commissioned a 70MW solar PV plant in the Indian state of Rajasthan, which it won last year at what was then a record low tariff of INR4.34/kWh (US$0.067).
Vikram Solar, India’s leading PV EPC company and module manufacturer, announced last week that it has commissioned a 130MW PV power plant for the National Thermal Power Corporation (NTPC) in Bhadla, Rajasthan.
The Asian Development Bank (ADB) has approved a US$175 million loan to India’s major network operator and utility Power Grid Corporation of India (Powergrid) relating to solar park transmission.
NTPC targets 32GW of renewable energy deployment by 2032, The European Investment Bank (EIB) has signed an MOU with Mexican development bank NAFIN over renewables in Mexico, TEDA has invited expressions of interest for a 500MW solar park in Tamil Nadu.
India’s current template for solar power procurement is up for review. Record low tariffs in Rewa have inspired this re-examination. Jasmeet Khurana, associate director, consulting, Bridge to India, looks at how different states and utilities are reacting to the new procurement landscape.
Solar Energy Corporation of India (SECI) has scrapped 150MW of solar capacity that was due to be auctioned under local content rules, in what may be a sign of the WTO ruling against the DCR taking effect.
