32 Hours Of Marathon Bidding Yields Record-Smashing 4.9¢/kWh Solar Tariffs In India
Three units of 250 megawatts solar power were awarded at a levellised tariff of 4.9¢/kWh in India.
Three units of 250 megawatts solar power were awarded at a levellised tariff of 4.9¢/kWh in India.
In spite of having secured the rights to develop a 500 MW solar power project at the lowest-ever tariff in India, global renewable energy project developer SunEdison is confident of healthy returns from the project. SunEdison successfully bid for the entire 500 MW solar power tender issued by NTPC Limited. … [continued]
Originally published on Solar Love US-based renewable energy project developer SunEdison has set a new Indian record for lowest tariff bid for solar photovoltaic power plant. The lowest bid for solar PV project in India now belongs to SunEdison. The company participated in a 500 MW auction under the revamped … [continued]
India’s ACME Cleantech Solutions has placed an order for solar PV modules to expand its power capacity in the rapidly emerging India market. China-based Zhongli Talesun will supply 222 MW of solar PV modules to ACME Cleantech from this month, with the shipping of modules to be completed in February, 2016. … [continued]
ACME Solar, part of an energy management group based in northern India, continues to expand its footprint in the huge and rapidly expanding Indian solar power market. ACME Solar has become the largest successful bidder in India’s biggest solar power auction till date. The company has been awarded rights to … [continued]
On Monday, Telangana announced the final results for its 2,000 MW solar tender, the single largest solar power allocation in India till date. The state-owned utility, Telangana State Southern Power Distribution Company Limited (TSSPDCL), was responsible for floating the 2 GW solar tender. Telangana had offered prospective developers projects through competitive … [continued]
Capacity addition under India’s National Solar Mission seems to be progressing well just before the government plans to significantly expand the mission, with ACME Solar announcing the commissioning of 5 solar photovoltaic power projects. ACME Solar, which was awarded 5 solar photovoltaic power projects through competitive bidding under the first batch … [continued]
During Modi’s recent visit to Paris, India and France signed a memorandum of understanding to expand cooperation in the fields of solar and other renewable energies. The memorandum was signed between the Ministry of New and Renewable Energy and France’s Ministry of Ecology, Sustainable Development and Energy. France is eyeing major cooperation with … [continued]
It’s barely been a month since the solar bidding in Andhra Pradesh and now the neighbour state Telangana has announced the results of its own solar tender, which it had come out with back in August. The bidding has been pretty intense with the gap between the lowest and highest tariffs among awardees being very narrow, … [continued]
The stage for a massive solar power revolution in India is set and several local and international companies are lining up their business plans to take full advantage of this impending revolution. ACME Solar is one of those companies. ACME Solar recently secured fresh rights to develop 50 MW of solar … [continued]