Asia-Pacific solar technology contracts in February 2021 saw 51 contracts announced, marking a rise of 28% over the last 12-month average of 40, according to GlobalData’s power industry contracts database. The proportion of solar technology contracts by category tracked by GlobalData in the month was as follows: Power Purchase Read more…
Welspun Energy Pvt. Ltd. (WREPL) signed a PPA of a 100 MW solar project with Solar Energy Corporation of India (SECI) that was to be implemented in the Sattara district of Maharashtra in 2016. The PPA was signed at a tariff of Rs. 4.43 per kwh. During the implementation phase Read more…
A petition was filed with Central Electricity Regulatory Commission (CERC) for PPA dispute resolution after ACME Solar Holdings Pvt. Ltd. along with its executing companies ACME Phalodi Solar Energy Pvt. Ltd. and ACME Raisar Solar Energy Pvt. Ltd., terminated this project which they had won at a historically low tariff Read more…
KOCHI : Cochin International Airport Ltd (CIAL) is the worlds first solar-powered airport in 2015. On Sunday added another feather to its cap, commissioning two floating solar power plants in Kerala. With the installation of the plants with a capacity of 452 kWh over two artificial lakes, the airport’s total Read more…
Energy Efficiency Services Limited (EESL) signed a pact with the National Highways Authority of India (NHAI) for setting up solar power projects, energy efficient LED lighting and EV charging stations at NHAI establishments. NHAI has signed a MoU (Memorandum of Understanding) with EESL to establish various clean energy and energy Read more…
The Adani green has bid for the entire 6.4 gigawatts (GW) capacity aimed at powering the farms of Andhra Pradesh as part of India’s largest solar tender. The tender comes against the backdrop of India’s solar tariffs falling to a record low of ₹1.99 per unit at an auction conducted by Read more…
The recent SECI bid of Rs. 2/kWh, has posed a challange to the solar developers whether the existing solar contracts shall remain intact?. Typically the solar PPAs are signed for 25 years and tariff is based on a reverse bidding process. Thee developers bid the tariff based on its capital Read more…
I totally agree that auctions carried by SECI for development of MEGA Scale Solar + Wind and hybrid plants in recent times though yielded extremely low tariff and large financial rewards, but the policymakers are forgetting that it is leading to a huge impact on following Wild life Environment Transmission constraints Read more…
The falling prices in the solar as well as energy storage has brough the debate to a point where we need to evaluate whether we have reached to grid parity in case of solar_+ emnergy storage.
In the recent bid of SECI 1070 MW, Saudi firm Aljoemaih energy and Warter Company and Green Infra Wind energy Ltd have been the winners with the historic low tariff of Rs. 2/kWh followed by NTPC bagging 600 MW capacity @ Rs. 2.01/kWh. These projects are to be implemented in Read more…