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Haryana Retenders 300 MW of Solar Projects Amid Tepid Response

Haryana Retenders 300 MW of Solar Projects Amid Tepid Response

The Haryana Power Purchase Company (HPCC) has invited Requests for Proposal (RfP) for the procurement of power from 300 MW of solar projects. The tender has been floated on behalf ...
Renewable Project Developer Greenko Receives $329 Million in Equity

Renewable Project Developer Greenko Receives $329 Million in Equity

After receiving $495 million (~₹33.92 billion) as primary equity from General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA), Greenko Energy Holdings (Greenko), has now secured another $329 million ...
Former President of Tata Motors Backs E-Scooter Startup BattRE

Former President of Tata Motors Backs E-Scooter Startup BattRE

BattRE, a technology-driven startup manufacturing electric scooters, has received an undisclosed amount of funding from Tata Motors’ former President Gajendra Chandel. The funds will be utilized for the launch of ...
IIT Hyderabad-Incubated Electric Vehicle Startup PURE EV Raises Funding

IIT Hyderabad-Incubated Electric Vehicle Startup PURE EV Raises Funding

PURE EV, an Indian Institute of Technology (IIT) Hyderabad-incubated startup, has raised an undisclosed amount of funding. The new round of funding is expected to enhance the company’s operations and ...
AIIB to Provide $100 Million Loan to L&T for Solar and Wind Projects Financing in India

AIIB to Provide $100 Million Loan to L&T for Solar and Wind Projects Financing in India

The Asian Infrastructure Investment Bank (AIIB) has announced that it will provide a $100 million loan to L&T Infrastructure Finance Company Limited (LTIF). The loan proceeds will be used to ...

EDITORS' PICKS

BHEL Seeks BoS Vendors for 5 MW of Floating Solar Projects in West Bengal

BHEL Seeks BoS Vendors for 5 MW of Floating Solar Projects in West Bengal

State-owned Bharat Heavy Electricals Limited (BHEL) has issued a tender for the supply of Balance of System (BoS) items needed for the installation of the 5 MW of floating solar ...
Total Eren and EDF Renewables Sign PPA for 716 MW of Solar Projects in India

Total Eren and EDF Renewables Sign PPA for 716 MW of Solar Projects in India

Total Eren and EDF Renewables have signed 25-year long term power purchase agreements (PPA) for four solar power projects with an installed capacity of 716 MW. These projects are located ...
/ / Solar, Utility Scale
Delhi To Shut Rajghat Thermal Power Project, Use Land for 5 MW Solar Park

Delhi To Shut Rajghat Thermal Power Project, Use Land for 5 MW Solar Park

Amid constantly deteriorating air quality, the Delhi government has decided to officially close the Rajghat thermal power project and develop it into a 5 MW solar park. According to a ...
/ / Solar, Utility Scale
Central Electronics Limited Floats Tender for 50 MW of Solar Projects in Maharashtra

Central Electronics Limited Floats Tender for 50 MW of Solar Projects in Maharashtra

The Central Electronics Limited (CEL), a public sector enterprise, has issued a tender for 50 MW of grid-tied solar PV projects ranging from 500 kW to 10 MW at various ...
Andhra Government Summons Wind Power Developers for Retrospective Tariff Negotiation

Andhra Government Summons Wind Power Developers for Retrospective Tariff Negotiation

Continuing with its decision to renegotiate the Power Purchase Agreements (PPAs) for wind and solar power projects signed during the former Chief Minister Chandrababu Naidu’s tenure, the present government of ...
/ / Other, Wind
China’s National Energy Administration (NEA) has approved 22.78 GW of feed-in tariff (FiT) based solar projects. These solar PV projects are expected to be grid-connected by December 2019. They have been approved under China’s first national unified bidding for solar projects seeking feed-in-tariffs. A total of 4,338 solar PV projects with a combined capacity of 24.55 GW were proposed to be developed, but only 3,921 projects totaling 22.78 GW have received the official approval. Apart from these, 417 proposed solar projects with a capacity of approximately 1.77 GW have not been approved. Out of the approved projects, 366 are ground-mounted utility-scale solar projects with a total capacity of 18.12 GW. Moreover, 473 of them are distributed generation solar projects totaling 0.56 GW while 3,082 are self-generation or excess capacity solar projects totaling 4.10 GW. The feed-in-tariffs approved range from RMB 0.2795 ($0.0406)/kWh to RMB 0.55 ($0.08)/kWh. The average submitted tariff was RMB 0.3281 ($0.0478)/kWh, and the official deadline of the approved 22.78 GW is set for December 31, 2019. If the grid connection takes place in 2020, the approved tariffs will be reduced by RMB 0.01 ($0.001)/kWh each quarter up to the second quarter of 2020. If solar PV projects are connected after June 30, 2020, the approved feed-in-tariff will be revoked, and the projects would stand canceled. In May 2019, the Price Bureau of China’s National Development and Reform Commission had announced the level of solar FiT payments for large-scale projects. For the ease of implementation, the country had been broadly categorized into three regions: Region 1, 2, and 3. In the 2019 bidding process, 23 provinces had participated. The most favored destination is Guizhou Province with more than 3.6 GW, followed by Shaanxi Province with more than 3 GW, and 13 other provinces, each with more than 1 GW to be installed. Gansu Province and Xinjiang Autonomous Region were not allowed to participate due to the prevailing grid curtailment issues. Heilongjiang, Jilin, Yunnan, and Hainan did not join this bidding process, mainly due to limited grid capacities. According to Frank Haugwitz of Asia Europe Clean Energy (Solar) Advisory (AECEA), larger projects were allowed to submit competitive tariffs with the lowest at RMB 0.2795. “Given the 2019 results, it appears that the single most important evaluation criterion was the feed-in-tariff submitted by the developers. It is possible that during the 2020 bidding, other factors might be taken into account when evaluating submitted bids in an attempt to increase the share of distributed projects,” he added. According to Frank’s communique, “In light of the 22.78 GW of feed-in-tariff supported projects approved, AECEA has increased its 2019 full-year guidance from 32-34 GW to 38-42 GW, thus still representing a decline of approximately 5-14% year-over-year. AECEA’s forecast takes into account the feed-in-tariff, grid-parity, residential, poverty alleviation, top-runner, and demonstration projects along ultra-high voltage long-distance transmission lines. According to China’s National Renewable Energy Centre (CNREC) data, between January and May 2019, a total of 7.61 GW of solar PV projects were installed, representing a decrease of 44% year-over-year (YoY). Ground-mounted utility-scale projects amounted to 3.83 GW (+9% YoY), and distributed projects totaled 3.27 GW (-61% YoY). In May, only 1.43 GW of solar capacity was installed, a decline of 42% YoY. The CNREC estimates that in June, possibly 5 GW could be installed, leading to approximately 12.6 GW during the first half of 2019. Compared with the 24.30 GW capacity installed during the same period in 2018, this will represent a decrease of approximately 52% YoY. At the end of May 2019, China was home to 182.07 GW of total installed solar power generation capacity comprising 127.68 GW (70.2%) of ground-mounted utility-scale projects and 54.39 GW (29.8%) of distributed generation. Mercom recently reported that China installed 5.2 GW of solar PV capacity in the first quarter of 2019. When compared to Q1 2018, this was nearly a 40% decline in the installation numbers in which China had installed 9.65 GW of solar PV capacity.

China Approves Nearly 23 GW of Solar Projects Based on Feed-in Tariff Mechanism

China’s National Energy Administration (NEA) has approved 22.78 GW of the Feed-in Tariff (FiT) based solar projects. These solar PV projects are expected to be grid-connected by December 2019. They ...
BHEL Floats Tender for 4,500,000 Multicrystalline Solar Silicon Wafers

BHEL Floats Tender for 4,500,000 Multicrystalline Solar Silicon Wafers

Bharat Heavy Electricals Limited (BHEL), a government of India undertaking, has issued a tender inviting quotations for the manufacturing and supply of 4,500,000 DWS multi silicon solar wafers with a ...
Tata Power Solar Gets ₹6.10/kWh as Tariff for a 17 MW Project Commissioned in 2016

Tata Power Solar Gets ₹6.10/kWh as Tariff for a 17 MW Project Commissioned in 2016

The Karnataka Electricity Regulatory Commission (KERC) has provided relief to Chirasthaayee Saurya Ltd. in the matter of tariff determination for a 17 MW solar project at Kanakagiri town located in Koppala ...
/ / Commercial, Solar
Nearly 10 GW of Renewable Capacity Added to Green Energy Corridor

Nearly 10 GW of Renewable Capacity Added to Green Energy Corridor: RK Singh

The Government of India has been working for a while now to expedite the implementation of transmission infrastructure for the evacuation of power from renewable energy projects. To accelerate the ...
Rajasthan Budget Targets 1.4 GW of Wind, 4.9 GW of Solar in the Next Five Years

Rajasthan Budget Targets 1.4 GW of Wind, 4.9 GW of Solar in the Next Five Years

The revised 2019-2020 budget for Rajasthan has introduced various grants for the renewable energy sector. The chief minister of Rajasthan, Ashok Gehlot, in his budget speech, mentioned that the new ...
Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax incentives to speed ...
Singapore Calls for Developers to Bid for 50 MW of Floating Solar Project

Singapore Calls Developers to Bid for 50 MW of Floating Solar Projects

Public Utilities Board of Singapore is looking for eligible bidders for a 50 MW floating solar PV project in the Tengeh Reservoir. The last date for bid submission has been ...
Solar EPC Company Sterling and Wilson Solar Receives SEBI's Approval for its IPO

Solar EPC Company Sterling and Wilson Solar Receives SEBI’s Approval for its IPO

The Securities and Exchange Board of India (SEBI) has given its approval to Sterling and Wilson Solar Limited (SWSL) to float its proposed initial public offering that is estimated to ...
NTPC Gets Category I License for Inter-State Trading of Electricity

NTPC Gets Category I License for Inter-State Trading of Electricity

In a significant development for the country’s power sector, the Central Electricity Regulatory Commission (CERC) has granted a ‘Category I Electricity Trading License’ to the National Thermal Power Corporation (NTPC) ...
Sembcorp to Infuse ₹5.169 Billion in its India Arm to Push Renewable Business

Sembcorp to Infuse ₹5.169 Billion in its India Arm to Push Renewable Business

Sembcorp Industries has increased its equity stake in its India arm Sembcorp Energy India (SEIL) from 93.73% to 94.05%. The company has infused ₹5.169 billion (~$75.33 million) into SEIL to ...
Deadline for BIS Certification of Solar Inverters Extended to September 2019

Deadline for BIS Certification of Solar Inverters Extended to September 2019

The Ministry of New and Renewable Energy (MNRE) has extended the deadline for the Bureau of Indian Standards certification of solar inverters. Considering that the series guidelines for inverters are ...
Gujarat Asks Winners of its 1 GW Wind Auction to Match the Lowest Tariff

Gujarat Asks Winners of its 1 GW Wind Auction to Match the Lowest Tariff

Clouds of uncertainty are hovering over 1,000 MW of wind projects in Gujarat. After awarding the capacities in May 2019, the Gujarat Urja Vikas Nigam Limited (GUVNL) has now asked ...
/ / Other, Wind
rewa solar park

Heavy Rains Wreak Havoc in Madhya Pradesh, Damage a 250 MW Solar Project

The onslaught of monsoon and severe weather has caused significant damage to a 250 MW solar PV project in Madhya Pradesh. Heavy rainfall and lightning accompanied by storm with wind ...
Off-Grid Solar

Easy Access to Finance in India’s Solar Off-Grid Market: PAYGo Report

Off-grid solar markets are instrumental in creating energy access to more than half a billion people around the world. According to the latest Pay-As-You-Go (PAYGo) Market Attractiveness Index (MAI), India ...
/ / Off-grid, Solar
Budgetary Allocation for Solar Increased by 1% While Coal Gets a 48% Boost in 2019-20

Budgetary Allocation for Solar Increases by 1% While Coal Gets a 48% Boost in 2019-20

In the recently announced budget for FY 2019-2020, there is a very slight increase in the budgetary allocation of funds for the solar energy sector when compared to the allocation ...