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NTPC reveals plan to build 5 GW in Gujarat, opens global bids for 1.2 GW
Indian utility NTPC has announced plans to invest about $3 billion in the development of a 5 GW solar park, to be spread across two to three sites in the Indian state of Gujarat. In a separate announcement, the company started accepting bids to build 1.2 GW of grid-connected PV capacity across the country.
Gurdeep Singh, chairman and managing director of NTPC, said that the company – formerly known as National Thermal Power Corp. Ltd. – was looking at potentially setting up another massive solar park in Rajasthan. As part of the Gujarat plan, the utility will also invite other solar developers to invest.
In a separate announcement, NTPC launched a global bidding process to build 1.2 GW of grid-connected solar capacity throughout India. The plants – to be connected to the Inter-State Transmission System – will be developed on a build-own-operate basis, with plots of land to be identified and arranged by the selected solar developers.
The projects will be awarded through international competitive bidding, with the tariff ceiling set at INR 2.65/kWh. This will be followed by a reverse auction. Bidding closes on Sept. 2.
Single developers can bid for any project from 50 MW to 600 MW, at a single tariff quoted for the entire bid capacity. Projects can be offered at multiple locations, with minimum project sizes of 50 MW, rising in multiples of 10 MW thereafter.
Aug 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, India, NTPC, Asia
Six developers bag 1.85GW in Indian government solar auctions
state-run Solar Energy Corporation of India (SECI) has revealed the results of two major utility-scale auctions held in June that saw six companies win 1.85GW
Sep 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy Corporation of India, auctions, utility-scale, Rajasthan, tenders, ntpc corporation, mahindra susten
Solar 'to include record 200GW' in 2022
China, according to 64% of actions, closely complied with by the US with 62%.
India and also Australia also made the checklist with their ambitious eco-friendly
Feb 17, 2022 // Markets & Finance News, China, Asia, RatedPower
Jakson Green lands orders to develop over 1-GW in RE projects
Council (GCC) and also Africa, along with its renewable EPC orders in India, including a recent bargain to construct India's largest commercial and
Apr 11, 2023 // Markets & Finance News, India, Asia, Africa, middle east, jakson Green
L&T Secures 3.5 GW Solar Projects in Middle East
Indian engineering company Larsen & Toubro Ltd (L&T) has been chosen to build two solar projects in the Middle East with a total capacity of 3.5 GW. The orders were signed with a local developer, although the names of the contractor and projects were not disclosed. L&T will also handle grid interconnections including pooling substations and overhead transmission lines.The company is now preparing to begin detailed engineering and initial construction works for the projects. This Middle East order, along with a recent solar-plus-storage project in India, has increased L&T's renewables portfolio to nearly 22 GWp cumulative capacity, including solar and wind projects that are either operational or in progress.
What is the total capacity of the two solar projects L&T will build in the Middle East?
The total capacity of the two solar projects that L&T will build in the Middle East is 1.5 gigawatts.
These projects are part of L&T's efforts to expand its presence in the renewable energy sector in the region.
The solar projects will help in reducing carbon emissions and promoting sustainable energy sources in the Middle East.
L&T's expertise in engineering and construction will ensure the successful implementation of these solar projects.
The completion of these projects will contribute to the overall growth of the renewable energy industry in the Middle East.
Jul 9, 2024 // Plants, Large-Scale, Commercial, L&T, Solar Project
20GW Milestone: Sungrow Pins Hopes On 1+X Modular Inverter
worldwide, Sungrow recently completed a milestone of 20GW capacity in India. This comprehensive diagnostic solution for enhanced system reliability will
Nov 22, 2023 // Inverters, Sungrow
Nordic Solar Powers Up 53MW Spanish Solar Farm
also has a strong presence in other parts of the world, including Australia, India, and Japan.
In 2020, Nordic Solar A/S achieved a record-breaking year with a
Dec 20, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, Solar Park, Nordic Solar A/S
Jakson Solar Boosts Credibility: Partners with Ariel Re
Solar, an Indian module manufacturer, has formed a strategic partnership with Ariel Re, a Lloyd’s of London Syndicate and its Clean Energy division, to
Sep 12, 2023 // Manufacturing News, Markets & Finance News, India, Asia, Ariel Re, Jakson Solar
Solar-Powered Looms: Doubling Income & Women's Empowerment
social enterprise, is selling solar-powered looms to women artisans across India, allowing them to double their income whilst avoiding the laborious and
Oct 3, 2023 // Technology, India, Asia
Covid-19 and also reliance on China's PV supply chain
actually been just partly restored thanks to President Trump's protectionism. India has actually so far fallen short to meet its pledge of coming to be a solar
Mar 30, 2020 // Manufacturing News, Markets & Finance News, India, China, Asia, Vietnam, Asian Development Bank, WORLD, covid-19, Yongping Zhai
Globe currently has 583.5 GW of functional PV
with 205.7 GW of advancing installments, complied with by Japan with 61.8 GW, India with 34.8 GW, and also South Korea with 10.5 GW.
Europe had 138.2 GW of set
Apr 6, 2020 // Markets & Finance News, IRENA, WORLD
ISC & EESL Partnership Program to Conserve 66.5 MkWh of Energy
Project in Asia. The project aims at enhancing industrial energy efficiency in India through the increased fostering of much more reliable motors.
The
Apr 6, 2021 // Markets & Finance News, India, Asia, Electricity, Institute for Sustainable Communities, Ministry of Power, Vivek Adhia
Leading 10 Polysilicon Rankings for 2020- The Future To be 90 Percent China
labor and a high carbon footprint.".
Especially, Bernreuter hasn't discussed India as a possible source for sourcing polysilicon, something that tels us
May 17, 2021 // Manufacturing News, Markets & Finance News, Market Research, Tongwei, China, polysilicon, wacker chemie, Asia, Waaree Energies, bernreuter research
Solar 'coming to be ubiquitous' in arising markets as tidy power financial investment from abroad reaches document high
ability included the 106 arising markets (excluding landmass China as well as India), the report says, while gas develop fell to its lowest level in these markets
Dec 11, 2020 // Markets & Finance News, BNEF, UTILITY-SCALE SOLAR, India, Chile, South america, Asia, BloombergNEF, Juan Carlos Jobet, covid-19, Luiza Demôro
New design much better forecasts solar cell result power in all climate
of Excellence in Energy Science as well as Technology at Shoolini University, India, in partnership with the Centre for Energy and Environmental Engineering,
Oct 29, 2021 // Technology, India, Asia, solar cell, Shoolini University, Shyam Singh Chandel