One of India’s leading wind energy solutions providers, Suzlon Energy, has announced a new wind turbine that could help generate significant savings for project developers as competition in India’s wind energy sector intensifies.
Just days after two Indian states were forced to postpone solar power auctions for 2.2 gigawatts of capacity, the federal government has given new assurances that would allay some concerns of the developers.
Following the first summit of the International Solar Alliance held in New Delhi recently, the Indian government has announced assistance worth $1 billion for implementation of solar power projects across several countries in Africa.
Just days after Indian EV manufacturer Mahindra Electric announced plans to partner with LG Chem to develop new lithium-ion cells and battery packs exclusively for the Indian market, its main competitor Tata Motors has thrown a counter punch.
The Nikkei Asian Review has taken note of a recent remark by India’s Minister for Power and Renewable Energy that may indicate a significant downgrade of India’s earlier stated goal to fully switch to electric vehicles by 2030.
India’s largest power generation company, NTPC Limited, has floated two tenders to auction 2.75 gigawatts of solar power capacity.
Wind energy tariffs in the latest auction in India are firming up even as competition among project developers remained high.
As the federal government considers imposition of anti-dumping and safeguard duties on imported solar power modules, Indian states have been forced to delay auctions for solar power capacity worth 2.2 gigawatts.
The Solar Energy Corporation of India has modified some requirements for the fourth federal-level wind energy auction. The modifications are likely to be welcomed by project developers, as participation has been made easier and penalties have been reduced slightly.
Late last month, the Solar Energy Corporation of India launched a Request for Proposal (RfP) document for what will be the single largest solar power auction in the country’s history.
