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SkyLine II solar trackers for 15 GW solar project in Khavda area of Gujarat, India. In August 2022, the firm inaugurated its first joint venture manufacturing

1.8 GW of solar, composed of 149 individual premium assets across the U.S.A., India, Chile, Portugal, Spain, Greece, as well as Poland. Co-investments together

India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year. This week, electricity distributor Maharashtra State Electricity Distribution Company Limited (MSDECL) shared a notice inviting online bidders for up to 500MW in grid-connected PV projects. The reverse e-tender, open until 17 September, will be used to hand out 25-year power purchase agreements (PPAs) with MSDECL among winning projects. Bids will require bank guarantees of INR1.4 million/MW (US$19,497/MW) and will face a ceiling price of INR2.8/kWh (around US$0.039/kWh), the new tender documents show. The tariff cap falls below bid prices at a tender held earlier this year in 116-million-inhabitant Maharashtra, India’s most second populous state and the home of the city of Mumbai. In May, the state recorded tariffs of INR2.87-2.91/kWh (around US$0.041/kWh, based on exchange rates at the time) for a 250MW auction, which drew bids from Tata Power and others. Speaking to PV Tech at the time, Vinay Rustagi, managing director of consultancy firm Bridge to India, conveyed his “surprise” at what he described as “aggressive” tariffs. "This is a challenging site – relative lower irradiation, forest land, difficult access – and has high solar park charges. There was limited bidding interest,” Rustagi added. The new tender’s INR2.8/kWh tariff cap also lies in the region of the INR2.71/2.72kWh and INR2.74-2.75/kWh average bids recorded at Maharashtra’s two earlier 1GW state solar auctions, held in May 2018 and February 2019. Maharashtra’s solar tendering efforts come as the Indian industry heads – if predictions by Fitch Solutions come to pass – towards a boom between 2018 (26GW) to 2028 (105.9GW).

into but still has significant tracker expectations, with Australia, China and India all forecast to appear in IHS Markit’s top ten tracker markets list and to

efforts to develop green as well as renewable energy resources throughout India, Vibgyor Energy is taking another action with this effort." Recently, The

took into service by NTPC, the largest electrical power manufacturer in India. According to a governing filing lately by the business, "First portion

effective participation in nations like Australia as well as India, Krannich has actually currently expanded its collaboration with GoodWe to the European

18 months by September 2021. Post this project win, the order publication of India's biggest incorporated power firm currently stood at around Rs 8,541 crore

Indian Railways has entrusted the Railway Energy Management Company Ltd (REMCL) with 3 GW of solar energy procurement from plants to be set up on vacant Railways land. Besides tendering, the REMCL shall deal with installment supervision and also management of power supply from these solar energy plants. REMCL is a joint venture between Indian Railways and state-owned engineering consultancy Rites Ltd The task-- REMCL's biggest solar power required from Indian Railways-- will certainly be separated right into 3 stages of 1 GW each. The very first and third stages of 1 GW each will certainly be developed on public-private collaboration (PPP) basis under 'design, build, fund, operate and also transfer' model. The 2nd phase of the job (1 GW) will be on the possession version of REMCL, which will certainly be qualified for capital subsidy under the Central Public Market Task System for the growth of 12 GW of solar. The whole setup is expected to be finished by 2022-23. The Railways have actually already determined ideal land to be rented to REMCL on small lease rent. Commenting on this mandate, Rajeev Mehrotra, Chairman & Handling Supervisor, RITES Ltd and also Chairman REMCL, claimed, "This is the biggest mandate gotten by REMCL for tendering, setup and also power management of solar energy. This will strengthen REMCL's placement as the eco-friendly energy remedy supplier and energy manager to Indian Railways as well as securely develop REMCL in the eco-friendly energy industry in India." Besides proposal management charge at first, REMCL would certainly earn long-term earnings through supply management from these installments which might total up to approximately Rs 20 crore annually to REMCL throughout life of the job.

this publication, we have consistently argued for a more long term approach to India' thermal power dependency, and making a clear plan to phase out the older

over the contract award letter to NTPC CMD Gurdeep Singh in the presence of India's power priest and President of International Solar Alliance (ISA), R.K.

Railway Energy Management Company Ltd, a joint endeavor of Indian Railways as well as design working as a consultant Rites Ltd, has welcomed bids for setting up

of the procedure complies with a flurry of recent solar tenders in India as the country ramps up initiatives to meet its 2022 goal of 175GW installed

wants to lead the shift to renewables. The company also has some projects in India, with over 200 MW of running projects in Gujarat and also Rajasthan, as well

energy sector, as similar cases have been brought up in the European Union and India. The potential for a ‘backdoor’ for duty-free imports could