India

Capacity additions for the current fiscal year are set to exceed the previous accounting period’s 8,532 MW. With $5.69 billion invested in clean energy in the last fiscal year, spending in the first nine months of 2019-20 has been estimated at $5.16 billion.

Pumped hydro and battery projects, coupled with renewables, offer the world’s lowest peak clean electricity tariff. The tender, which received bids for for 1.62 GW of capacity against the 1.2 GW sought, saw Greenko secure 900 MW of pumped storage capacity and Renew Power 300 MW of battery storage.

The proposed model is said to perform better at energy prediction than software tools such as PVWatts, PVSyst or RetScreen. The approach was validated on two 5 MW PV plants in the same district of the Indian state of Rajasthan.

State-owned Energy Efficiency Services and New Delhi-based Bharat Heavy Electricals have agreed to set up public charging stations for electric vehicles on highways across India.

Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated INR13.3 billion from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.

This transaction is part of Engie’s develop, build, share and operate strategy which involves selling part of its stake in renewables assets while carrying out operations and maintenance.

A list compiled by a British price comparison website draws upon data from German company Statista which shows clean energy – including hydro – made up 12.74% of the nation’s power mix at the end of September.

Some 15 countries are likely to be able to lay claim to the status of being members of solar’s “gigawatt club” in 2019, according to conservative projections from BloombergNEF. Nonetheless, PV suppliers, developers and service providers are always on the lookout for new pockets of growth. To kick off 2020, pv magazine’s global team of correspondents and editors have highlighted 10 “fast-growing” solar markets to evaluate where the opportunities, and potential risks, lie.

The project will be built with Indian-made cells and modules. It will likely be completed within the next 20 months.

Bidders can pitch for up to 300 MW of generation capacity per project with the deadline for proposals on February 4. The eighth tranche of inter-state transmission system program capacity offered by the Solar Energy Corporation of India comes with an energy price ceiling of $0.039/kWh.