India’s SECI reduces manufacturing tender size from 5 GW to 3 GW
In a major development, the Solar Energy Corporation of India (SECI) has reduced its solar manufacturing tender size from 5 GW to 3 GW, and curtailed the minimum bid capacity from 1 GW to 600 MW. The size of Power Purchase Agreement (PPA), however, remains unchanged at 10 GW.
India to introduce cap on solar tariff
In a major development, the Ministry of New & Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) to fix the upper permissible solar tariff at Rs. 2.50 (US$0.036)/kWh and Rs. 2.68 ($0.038)/kWh for developers using domestic solar cells and modules (without safeguard duties), and imported products (with safeguard duties), respectively.
India set to add almost 60 GW of new solar by 2023
A combination of national, state and public body commitments could see the amount of PV added nationally treble on the last four-year period. But even with a new 7-8 GW added, rooftop solar will still be bringing up the rear.
SECI launches 750 MW Rajasthan tender
With a maximum fixed tariff of $0.0427/kWh under a 25-year PPA, the total capacity available is made up of 10 MW multiples and could potentially all go to one bidder.
Quality issues in Indian PV projects jeopardizing investments – report
Wildlife vandalism is the least of the worries afflicting PV system owners in India, according to a report which exposes cost-cutting in installation, non-existent warranties, serious safety concerns and improbable performance figures.
India: Uttar Pradesh cancels 1 GW projects due to high tariff
Citing high tariff of INR 3.48 ($0.050)/kWh as untenable, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has cancelled the recent auction for the development of 1 GW grid-connected solar PV projects across the state.
India: ACME Solar wins 600 MW project at lowest ever Indian tariff
ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.
India invites 2.5 GW bids for ISTS-connected wind-solar hybrid projects
The projects are to be developed on a build-own-operate basis for an aggregate capacity of 2,500 MW. The eligible bid capacity is 200-500 MW, with a project capacity of at least 50 MW at one project site. The maximum tariff payable to each project developer is fixed at Rs 2.93/kWh for the entire term of 25 years.
SECI launches tender for manufacturing capacity
The government’s Solar Energy Commission of India (SECI) has tendered 5 GW of solar manufacturing capacity to be set up across the country. The capacity will be linked to grid-connected PV projects with the plants developed on a build-own-operate basis.
India’s SECI announces 3.4 GW of RfS for solar projects
The Solar Energy Corporation of India Limited (SECI) has announced a slew of Requests for Selection (RfS) for the installation of various PV projects totaling 3.37 GW across the country.
