The latest tranche of Solar Energy Corporation of India’s wind-solar hybrid tender for 1.2 GW has prompted response from only two bidders. Adani Green Energy (600 MW) and ReNew Power (300 MW) made techno-commercial bids for a combined capacity of 900 MW, leaving the tender undersubscribed by 300 MW.
Solar-plus-storage prices, or the levelized cost of electricity (LCOE), are poised to fall significantly over the next five years at the utility scale and in the commercial and industrial (C&I) segments, Wood Mackenzie claims in a new research report.
Compared to other energy industries, the solar industry is far ahead in the application of emerging digital technologies such as blockchain, drones and cloud computing, according to a new report by DNV GL.
State-owned Bharat Heavy Electricals Ltd (BHEL) has invited bids for supply, installation and commissioning of 1250 KW, three-phase, grid-connected power-conditioning units (PCUs) for 129 MW solar PV power projects in Telangana.
The Ministry of New & Renewable Energy (MNRE) has notified guidelines for import of secondary cells and batteries of lead-acid and nickel-based chemistries for use in solar PV power projects.
Despite four extensions to the bidding deadline, the 1 GW Gujarat solar tender has yet again failed to attract developers, as it prompted only two bids for a total 300 MW of capacity, according to daily newspaper and website The Economic Times.
Integrated power company Tata Power Group’s FY2018-19 revenues increased to Rs 29,493 crore—up 12% from Rs 26,430 crore last year—driven mainly by renewable capacity addition among other factors.
National Hydroelectric Power Corporation (NHPC) has invited bids for setting up of an aggregate 1082.16 kWp capacity of rooftop and small solar power plants at its four power stations/units in the state of Himachal Pradesh.
Independent power producer Azure Power has commissioned a 150 MW solar power plant in Bhadla Solar Park in Rajasthan. This section is the first phase of 200 MW allocated to Azure Power by Solar Energy Corporation of India (SECI)
With more than 40 GW of existing coal-fired power plants under financial stress in India, Tata Power is seeking to only add new coal-fired power capacity via fire-sale acquisition, at 30%-40% of historical investment.