Large hydropower plants (HPPs) will become part of the non-solar Renewable Purchase Obligation (RPO) in India as the government wants to support the expansion of hydropower generation in the country.
A The 1.2-GW solar tender of the Solar Energy Corporation of India (SECI) has resulted in bids as low as INR 2.55 (USD 0.036/EUR 0.032) per kWh, Mercom Capital reports.
A wind power auction in India targeting 1.2 GW of projects has received bids as low as INR 2.82 (USD 0.039/EUR 0.035) per kWh, Mercom Capital reports.
Renewables are India’s second largest power generation source in terms of installed capacity after coal, show statistics by consultancy Mercom Capital.
The Indian government has issued draft offshore wind energy lease rules for projects that will be developed within the country’s Exclusive Economic Zone (EEZ), proposing areas to be allocated through international competitive bidding only.
Indian wind turbine maker Inox Wind Ltd (BOM:539083) will launch at home a 3-MW turbine especially suitable for low wind regimes as a result of an exclusive agreement with US energy-tech company AMSC (NASDAQ:AMSC).
Tata Power Renewable Energy, a fully-owned subsidiary of Tata Power Co Ltd (BOM:500400), intends to grow its rooftop solar business to 1 GW in three to four years from 250 MW currently, according to a top official.
India’s Infrastructure Leasing & Financial Services Ltd (IL&FS) has put up the assets of IL&FS Wind Energy for sale and has entrusted HSBC with finding a buyer, local newspaper Mint said yesterday, quoting undisclosed sources.
Green Investment Group (GIG) announced today it has acquired a “significant” solar development portfolio in the Asia Pacific region from downstream solar company Conergy Asia & ME Pte Ltd.
The Solar Energy Corporation of India (SECI) has issued a tender for 150 MW of solar power capacity at sites of coal mining group Singareni Collieries Co Ltd in the southern Indian state of Telangana.