Tender launched for 279 MW of solar in India’s Maharashtra state
Bids are invited to install solar power generating systems ranging from 2 MW to 10 MW at various locations in Maharashtra. Bidding closes on September 25.
Indian hydropower company seeks EPC bids for 25 MW of floating PV
Bidders have until Aug. 25 to show interest in an engineering, procurement, and construction contract for a 25 MW floating solar plant in Khandwa district, in the Indian state of Madhya Pradesh.
India’s NTPC 1.2 GW solar auction sees aggressive tariff of INR 2.43/kWh
Low tariff trends can be attributed to developers’ desperate attempt to take advantage of the current situation wherein only a safeguard duty of 14.9% is applicable, according to JMK Research.
Value of Indian PV imports tanked 83% in second quarter
Mercom India Research has said the quarterly value of solar cell and module imports was down 83% in the second quarter of the year, compared to the same period of 2019, to sit 54% lower than the value recorded in the January-to-March window.
India to hit large-scale PV target of 60 GW by 2022
India’s cumulative renewables capacity will hit 120 GW to 125 GW by December 2022, with solar to account for about 50% of the total, according to a new report by ICRA.
India confirms one-year extension of solar cell import duty
The ‘safeguard’ duty will be levied on Chinese, Vietnamese and Thai solar cells – whether assembled into modules or not – at 14.9% from today and falling to 14.5% in six months’ time. Malaysian products are exempted as their imports have fallen dramatically since the duty was introduced, in July 2018.
C&I rooftop solar set to surge in India
Rooftop solar is the obvious way for businesses to save on electricity costs amid the pandemic.
India installed 7.6 GW of solar in the last fiscal year, and plans another 8 GW by April
Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
Vikram Solar plans 3 GW wafer, cell and module fab in Tamil Nadu
The engineering, procurement and construction services contractor – which has a 1.2 GW module production facility near Kolkata – will establish the factory under a five-year timescale.
India’s ReNew Power to build 2 GW factory
The Haryana-based developer will invest up to $266.9 million to set up a new solar cell and module manufacturing facility.
