The Indian government has issued the first tranche of the 12-gigawatt self-use solar power tenders as it looks to support Indian manufacturers of solar cells and modules. The self-consumption of power generated from these power plants shall be achieved through government-owned public sector companies.
The Indian government has been forced to cancel 12 gigawatts of solar power auctions due to a sharp decline in solar power tariff bids. This may seem counter-intuitive, but this capacity was to be supplied along with thermal power from coal-based power plants.
India achieved an operational solar power capacity of 20 gigawatts by the end of 2017, Mercom India Research has claimed.
According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts.
An executive at one of the leading solar power developers in India has confirmed to PV Tech that almost all major Chinese module manufacturers have started increasing module prices and renegotiating supply contracts signed earlier.
In an attempt to expedite the implementation of large-scale solar power parks across the country, India has issued a clarification exempting these projects from obtaining environmental clearances.
An Indian Parliament committee has given recommendations for making major changes in the National Solar Mission which, it believes, are essential to achieve the 100 gigawatts of operational capacity target by March 2022.
A review of India’s National Solar Mission by a committee of the Indian Parliament has revealed the massive extent of the government’s plans to reach the 100 gigawatts of installed capacity by March 2022.
Mercom Capital Group has once again revised its estimates for solar power capacity addition in India for the calendar year 2017. The research group had earlier estimated that more than 9 gigawatts of solar power capacity would be added this year.
The European Investment Bank recently announced that it will provide €200 million to the State Bank of India to facilitate debt funding for four large-scale solar power projects in India.
