The deadline for bidding in a 3-GW solar tender linked with 1.5 GW of annual manufacturing capacity in India has been extended once again — to May 31, 2019.
Renewables accounted for 9.2% of India’s total power generation in fiscal 2018/19, shows data by the Central Electricity Authority (CEA). Non-renewable sources, meanwhile, were responsible for the remaining 90.8%,
Indian wind turbine manufacturer Suzlon Energy Ltd (BOM:532667) on Tuesday announced it has agreed to sell two additional solar project subsidiaries for a total of INR 298 million (USD 4.3m/EUR 3.8m).
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.