The Uttar Pradesh state cabinet has approved setting up of three grid-connected solar projects with cumulative capacity of 72 MW in the state, with power purchase agreements as per the winning tariffs.
With a concerted effort to indigenise both electric car powertrain and battery pack assembly, the Indian automotive industry can produce a 5.7% higher value addition under a “30% electric car sales” scenario, according to an independent study by the Council on Energy, Environment and Water (CEEW).
AC Energy and UPC Solar Asia Pacific have agreed to jointly develop, build and run solar projects throughout the Asia- Pacific region. Their UPC-AC Energy Solar venture aims to build more than 1 GW of solar capacity over the next few year
Railway Energy Management Company, on behalf of Indian Railways, has invited bids for setting up 32.56 MWp of grid-connected rooftop solar systems at office buildings, railway stations and other establishments of various Zonal Railways.
Module manufacturer and EPC contractor Vikram Solar has commissioned a 164 kWp rooftop solar plant for Damodar Valley Corporation (DVC) at Belur Math, the headquarters of Ramakrishna Math and Ramakrishna Mission.
The Solar Energy Corporation of India (SECI) has signed deals to supply almost 1.3 GW of renewable energy in just four weeks after yesterday signing a contract to sell 680 MW of clean power to Rajasthan Urja Vikas Nigam Limited.
The new policy aims to establish Rajasthan as a global hub of solar power with 50 GW of installed capacity in the next 5-6 years to meet energy requirements of Rajasthan and India.
India’s Solar Energy Corporation of India (SECI) has invited bids to set up an aggregate 1,200 MW of capacity with Inter-State Transmission System (ISTS)-connected wind/solar/wind-solar hybrid projects, along with energy storage, throughout India.
The profile analysis of distribution companies (discoms) as counterparties has gained prominence in revenue risk analysis, according to Fitch Group company India Ratings and Research (Ind-Ra).
The plants—to be developed on ‘build-operate-transfer’ basis at lands available with Haryana Power Generation Corporation Limited (HPGCL)—shall be awarded through international competitive bidding with fixed tariff ceiling of Rs 3.30/ kWh for 25 years.