SECI

Companies within Macquarie Infrastructure and Real Assets; Light source Renewable Energy and UK Climate Investments, part of the Green Investment fund enter into partnership platform to enter Indian Solar market for its development, acquisition and ownership of solar assets.

A slight variation from last auctioning results which had lowest bidding at INR 2.44/kwh.

The large-scale project will be owned and developed by IBC solar in Odisha.

The Solar Energy Corporation of India has scrapped large amounts of solar+storage tenders at both the Pavagada and Kadapa solar parks as it seeks to renegotiate with states for lower tariffs.

The decision by India’s Ministry of New and Renewable Energy to halt interstate transmission charges for solar power until at least 2019 key catalyst in SECI’s decision to tender further 750 MW of solar at Bhadla Solar Park.

With 25 of India’s states falling behind on Renewable Purchase Obligation targets, the country’s Ministry of New and Renewable Energy (MNRE) is now requesting that the individual states take action to ensure compliance.

With India’s rooftop market set to boom in 2017, the Faridabad Industries Association (FIA), which represents businesses in the Faridabad region of India, has requested an extension to the December 31st 2016 deadline to install rooftop solar on commercial and industrial units.

The Solar Energy Corporation of India (SECI) announced today that 2.3 GW of new solar projects will be tendered by the corporation shortly, while the Tamil Nadu Generation and Distribution Corporation (TENGEDCO) has just begun the tendering process for 500 MW of solar PV within the state.

The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.

Data from the analysts reveals that a total of 1,776 MW of new solar capacity was tendered in the final month of 2016, with the Solar Energy Corporation of India responsible for more than 1 GW.