India

The two newly introduced green contracts, daily and weekly, are in addition to already operational intra-day and day-ahead contingency contracts in the green market.

A new GOGLA report notes a growing focus on hybrid power solutions that integrate DC solar with AC grid power, and appliances that integrate both AC and DC power. Sales of hybrid solar inverters are growing by 25% per year in India, outpacing demand for conventional inverters.

The peak DC capacity of the project has been reduced, along with the size of the battery storage element of the facility.

The authorities in Himachal Pradesh have already identified a site for the solar plant. State-owned Satluz Jal Vidyut Nigam will develop the project.

Solar Energy Corp. of India secured a bid of $0.027/kWh in a recent auction, which is 15% lower than Solarpack’s INR 2.36/kWh winning bid in a previous 2 GW procurement exercise.

Avinash Hiranandani, global chief executive officer and managing director of RenewSys India, speaks to pv magazine about solar module technology trends and the company’s manufacturing focus.

The new solar capacity added during the three months ending September includes 283 MW from large-scale installations and 155 MW rooftop.

India added 399 MW of new rooftop solar capacity in the second quarter (July-Sept) of fiscal 2020-21. By comparison, just 188 MW was installed in the corresponding period last year.

An ambitious, $19.5 billion, five-year expansion of a previous domestic industry spending program includes money to attract investment into the sustainable energy and transport technologies.

The Indian solar sector has remained buoyant amid the pandemic, with 15.3 GW of solar capacity approved in the first half itself. However, concerns are rising among India-focused investors.