A Solar Energy Corporation of India (SECI) tender for 750MW of PV capacity at the Bhadla Solar Park in Rajasthan has been massively oversubscribed, with roughly 8.75GW worth of technical bids received.
The Solar Energy Corporation of India (SECI) has reduced the solar capacity to be tendered on government buildings from 1GW to 500MW after its latest buildings survey came out with the lower potential figures.
The Karnataka Electricity Regulatory Commission (KERC) has reduced the benchmark tariff for grid-connected utility-scale solar in the Indian state from INR6.51/kWh (US$0.101) to INR4.36/kWh (US$0.068).
As part of India’s Green Energy Corridor scheme, the Ministry of Power has proposed setting up a host of Renewable Energy Management Centres (REMCs) across the country to help integrate renewables as their penetration increases.
SB Energy, a joint venture between Softbank, Foxconn and Bharti Enterprises, has commissioned a 350MW solar plant at Kurnool District, Andhra Pradesh, India, claiming it to be the world’s seventh largest PV plant.
Indian solar tariffs reached yet another new low yesterday with the Indian arm of French clean energy firm Solairedirect winning 250MW(ac) of capacity in Andhra Pradesh with a record bid of INR 3.15/kWh (US$0.0494).
Amaranto has launched an investment vehicle dedicated to acquiring PV projects in India and has secured exclusive rights to purchase a 110MW solar project in the West of the country for around US$80 million.