Covid-19 weekly briefing: Merchant solar developers could seek shelter in return to subsidies and PPAs are being revisited, but at least the Irish are coping with lockdown measures
The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.
Covid-19 weekly briefing: A cold wind for APAC renewables, respite for Indian developers and another salary cut for SunPower execs
The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.
Covid-19 daily bulletin: Renewables projects running at capacity in India
The nation’s Ministry of New and Renewable Energy has reiterated that clean energy projects have not been affected by falling electricity demand as a billion citizens have been ordered to stay at home.
India mulls alternatives to bank guarantees for PV projects
Lobby group the National Solar Energy Federation of India has welcomed the move and asked the Ministry of New and Renewable Energy to extend any such measures to existing contracts to help developers meet working capital requirements.
Solar projects reprieved as Indian government declares coronavirus a force majeure
Lobby group the National Solar Energy Federation of India says around 4 GW of solar plant capacity is likely to be affected by component shortages after the outbreak of the virus in China.
Indian PV to take off after gloomy 2019
India’s annual solar installations are set to exceed 10 GW in 2020, following a year marked by political uncertainty, module price increases associated with safeguard duties, and a lower number of awarded tenders. The outlook for battery energy storage installations for solar projects is particularly bleak, however, as such combinations in India can cost three to five times more than standalone renewable projects.
Goa to extend solar PPA with NTPC by 3 more years
The government of Goa, now reeling under severe electricity shortages, has decided to extend its solar power purchase agreement with NTPC Vidyut Vyapar Nigam by three years, following a complete lack of interest in the Indian state’s recent solar tenders.
India plans 55 GW of renewables capacity along Pakistan border
An AFP newswire report this week said Ministry of New & Renewable Energy secretary Anand Kumar had announced plans for 30 GW of generation capacity in the state of Gujarat and 25 GW in Rajasthan, all of it along a 20-25km strip of semi arid land on the border.
India issues bidding guidelines for solar-wind hybrid projects
India’s Ministry of New and Renewable Energy has suggested minimum 25-year power purchase agreements, while also opening up the option to include energy storage in solar-wind hybrid generation projects that are procured under its public tender regime.
Karnataka leads Indian states in new rooftop PV attractiveness index
The Indian state of Karnataka has snagged the top spot on the Ministry of New and Renewable Energy’s State Rooftop Solar Attractiveness Index.
