The Spanish developer, which will sell solar energy at an Indian record low tariff of €0.028/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.
Developers from France and Germany and investors with access to cheap U.S. and U.K. finance were among the winners in a 2 GW procurement round which saw Spanish company Solarpack lodge a record-low price for Indian solar power of $0.031/kWh.
The Directorate-General of Trade Remedies has called a meeting of concerned parties as it considers whether to extend the duty on solar cells.
The Indian government’s levy on modules could almost double to 40% within a year. Cells will see a similar rise, from an initial rate of 15%.
Vaibhav Pratap Singh, senior analyst from South Asian thinktank the Council on Energy, Environment and Water, tells pv magazine about the impact of the coronavirus pandemic on the Indian solar sector, green finance and other investment prospects.
The industry needs to cut a dependence on lithium-ion battery imports from China, according to Nitin Gadkari, who said the government is looking to support research into alternative technologies.
The state cabinet has approved a 74:26 joint venture proposal by publicly-owned hydropower company THDC India and the Uttar Pradesh New and Renewable Energy Development Agency for the ambitious project.
Researchers have simulated a cart-mounted solar pump which they say would mean farmers in off-grid areas would be able to irrigate fields by paying only for the solar electricity used.
Bidders have until September 16 to pitch for generation capacity which can be installed on vacant land owned by the rail company nationwide.
The tariff ceiling has been fixed at INR3.20/kWh ($0.04) and the ground-mounted PV projects will be set up on a build-own-operate basis. The last day to submit bids is July 24.
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