Indian Railways launches 2.6 GW renewables tender
The REMC Limited unit of Indian Railways has invited bids to install 1 GW of renewable power projects, with or without storage, for round-the-clock power supply to different zonal railways. It has also tendered the installation of a cumulative 1.548 GW of land-based solar plants near the traction sub-stations across various zonal railways. The projects are to be developed on a build-own-operate basis.
Tata Power to build 600 MW wind-solar hybrid plant in India
The plant will be located in the state of Karnataka and should be completed within 24 months.
India’s Emmvee eyes wafer-to-module production
India’s Emmvee Photovoltaic has a 1.25 GW module manufacturing facility that can produce polycrystalline and mono PERC solar panels, with the ability to upgrade to TOPCon. By the end of 2023, it plans to raise its PV module capacity to 3 GW.
Tata Power to build 4 GW solar cell, module factory in India
Tata Power has signed an agreement to invest $380 million to set up 4 GW of solar cell and module production capacity in the Indian state of Tamil Nadu.
Solar module price increases to affect returns on 4.4 GW of Indian solar
Solar cell and module prices have increased by more than 40% over the last 18 months in India, driven by polysilicon prices. However, bid tariffs have remained lower than what is needed to mitigate the rise in PV module prices. The risk of lower returns is significant for 4.4 GW of projects that have been awarded over the past 18 months, with tariffs below INR 2.2 ($0.028)/kWh.
India’s first fractionally owned, ground-mount solar plant
A 5 MW open-access solar project in the Indian state of Karnataka has become the nation’s first fractionally owned, ground-mount PV plant. Bengaluru-based Pyse is financing the $3.3 million project through its investment platform.
New pricing mechanism for pumped-hydro storage in India
A new report recommends a differential pricing mechanism for pumped-hydro energy storage (PHES) projects in pumping (off-peak operation) and generating mode (peak operation).
India’s largest floating PV plant goes online
Tata Power’s engineering, procurement and construction unit has commissioned a 101.6 MWp floating solar project in the Indian state of Kerala.
Hinduja Group invests in UK second-life battery storage specialist
India’s Hinduja Group has invested GBP 15 million ($18.4 million) with four other investors in Connected Energy, a developer of energy storage systems based on second-life electric vehicle batteries.
New in-roof PV system design from India
Ornate Solar’s engineering team designed, engineered and manufactured the new 530 kWp InRoof solar system in India. It serves as the primary rooftop for Pangaea Natural Stone’s factory in the Indian state of Rajasthan.
