A bid to renegotiate agreed solar and wind power tariffs in Andhra Pradesh appears to be part of a deliberate campaign by the chief minister elected in May to erase the renewable energy commitments made by his predecessor.
The country’s solar installations fell 49% year-on-year in the first three months of 2019, with rooftop PV additions plunging as installers struggled to secure approval for projects immediately before the Indian general election, according to new statistics from Mercom India Research.
In response to feedback from the domestic renewable energy sector, the Indian government has revealed plans to launch $5 billion of tenders for new transmission lines, starting in phases from this summer.
Situated in south-east India, the state of Andhra Pradesh is a leading producer of renewable energy with 7.2 GW of installed capacity as of December 2018. The state’s share of renewable energy as part of total capacity has trebled in the last four years from 11% in 2014 to 30% in 2018.
Under the new Solar Policy 2018 announced on Thursday, Andhra Pradesh has set a minimum target of 5 GW of newly installed PV power capacity over the next five years.
The Minister for New and Renewable Energy has waved aside complaints about safeguarding duties by telling India’s upper house the nation’s ambitious four-year solar target is ‘comfortably’ within reach.
Greenko, backed by Singapore’s GIC and the Abu Dhabi Investment Authority, is set to buy the solar and wind portfolio of Orange Renewable. The move will constitute Greenko’s largest acquisition and will add 1 GW to its operational capacity to raise the company’s portfolio to 4.2 GW, just shy of the capacity held by ReNew Power Ventures, the country’s largest renewable energy company.
China’s Tongwei and Longi Green Energy Technology have announced a new polysilicon supply deal under which Tongwei will sell 55,000 metric tons of polysilicon to Longi through the end of 2020
Indian energy company Azure Power recently announced that it has connected a 50 MW PV project in the Indian State of Andhra Pradesh. The company states that the completion of this project brings its portfolio of operational solar assets past the 1 GW mark.
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