Shaurya Bajaj, analyst at consultancy firm Bridge to India, looks at the pace of tender activity in India's PV market.
'The next step of evolution in the Indian market is going to be permanent capital', says James Brooks.
Indian state-run power firm National Hydroelectric Power Corporation (NHPC) plans to build another 150MW of solar projects in partnership with Solar Energy Corporation of India (SECI).
UK-based developer Lightsource Renewable Energy has now also reached financial close on a 60MW project in the state of Maharashtra.
State-run coal mining and power firm NLC India has auctioned a 20MW solar PV project to be combined with 28MWh of energy storage capacity in the Andaman and Nicobar Islands.
Delhi-based clean energy firm Orange Renewable, a subsidiary of Singapore-based AT Holdings, has commissioned 140MW of solar PV projects in the Indian states of Gujarat and Maharashtra.
Solar Energy Corporation of India (SECI) has issued a tender for EPC services on two 100MW solar PV projects for state-owned mining corporate Coal India Limited (CIL) in Madhya Pradesh.
The projects in Kerala and Andhra Pradesh will use crystalline silicon cells and the modules will be 310Wp output with the floating structure and anchoring designed by Arka.
India’s largest utility NTPC has tendered 225MW of solar using local content rules at Billhaur in the state of Uttar Pradesh.
India’s Ministry of New and Renewable Energy (MNRE) has nearly finished approving all sanctions for rooftop solar subsidies and the sanctioning process will be reviewed in November, according to Hiren Borah, who heads Solar City, Green Building, grid-connected roof top programmes at MNRE.
The rooftop solar arm of Indian PV developer Azure Power has won 50MW of rooftop projects for government buildings in an auction conducted by Solar Energy Corporation of India (SECI).
Consultancy firm Bridge to India explains how the proposed changes are a major improvement on the current framework.
The lowest tariff in Solar Energy Corporation of India’s (SECI) 500MW tender for rooftop solar on government buildings was INR2.20/kWh (US$0.034), according to a release of tentative prices.
The Solar Energy Corporation of India (SECI) has cancelled 950MW worth of solar tenders as the extreme dive in solar tariffs across India continues to impact tenders, but it is expected to retender this capacity.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).