India saw more utility-scale PV tenders in Q1 2018 than in entire 2017 – Bridge To India
India saw the issuance of 13 new utility-scale solar PV tenders totaling 11,945 MW in the quarter ending March 31, 2018, which is 68% more than in the entire of 2017. However, tender capacity for rooftop solar PV (greater than 1 MW in size) was down 50%, at 102 MW.
The Indian Ministry of New and Renewable Energy's (MNRE) push to issue new solar PV tenders, and falling PV module prices, have provided much needed relief to the industry at a time when duty uncertainty continues to be a major concern for all stakeholders.
Image: Conergy Solar/Flickr
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According to Bridge To India, in Q1 2018, India saw a significant increase in the issuance of new utility-scale solar PV tenders. Overall, 3,766 MW of utility-scale projects, including 1,359 MW of open-access (OA) projects, were commissioned. Out of a total of 3,650 MW of tendered projects that were scheduled/anticipated to be commissioned in the quarter, 2,407 MW capacity came online.
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