Indian state of Uttar Pradesh tenders 75 MW grid-connected solar capacity
Global bids are invited to develop an aggregate 75 MW of grid-connected solar power projects with an upper tariff ceiling fixed at INR 3.00/kWh ($0.041/kWh) for the entire power purchase duration of 25 years. The projects are to be installed in the Uttar Pradesh Solar Park on a build-own-operate basis.
India’s $122bn energy stimulus spending may benefit fossil fuels most
A report says India’s energy investment commitments over the last 14 months largely feature measures for power transmission and distribution that could benefit greenhouse-gas-producing fuels more than renewables.
Adani Green Energy raises US$1.35 billion in debt funding
The Indian developer has secured the revolving fund from 12 international banks. It will use the amount to initially finance its 1.69 GW hybrid portfolio of solar and wind projects to be set up in the Indian state of Rajasthan.
Indian customs duty could drive up solar costs by 20%
PV installation costs in India are set to increase when a 40% customs duty goes into effect for solar modules from next year, along with a 25% duty on cells.
India’s largest floating PV plant to go online by June
NTPC is now building a 100 MW floating solar array on a reservoir in the Indian state of Telangana.
India to levy 40% customs duties on imported solar modules from April 2022
The finance ministry has approved the proposal to levy the duty next year. Customs notification of the move will be issued at a later date.
Solar arrays on canals
PV installations on canals are common in India, as they provide electricity without occupying land, while reducing evaporation. However, they are still more expensive than ground-mounted PV projects.
Indian-Irish partnership to produce green hydrogen
Ireland’s Fusion Fuel Green has agreed to set up a demonstrator plant in the Indian state of Tamil Nadu to generate cost-competitive green hydrogen.
Solar surpasses wind in India
In January, India’s cumulative PV capacity reached 38.8 GW. This was enough to surpass wind and make solar the first renewable energy source in the country.
India’s installed solar capacity hits 41.6 GW
India’s cumulative installed solar capacity stood at 41.6 GW as of Dec. 31, 2020, with 1.29 GW added in the October-December period. Capacity additions in the first quarter of this year could surpass 2 GW.
