In its efforts to reduce air pollution, the Delhi government is taking steps beyond shutting down aging thermal power plants within city limits. The government of the Indian capital city of Delhi recently announced plans to replace a retired coal-fired power plant with a solar PV power project. The thermal … [continued]
An industry body in India representing solar power developers made a significant proposal regarding the tariff thresholds for national-level solar power auctions. National Solar Energy Federation of India (NSEFI) proposed that all national-level solar power auctions in the country have a maximum tariff bid threshold. The industrial body has proposed … [continued]
Leading renewable energy generation companies are aggressively looking to expand their portfolios through inorganic means as minor players look to exit power plants in the face of increasing competition and unviable growth prospects.
The Indian spree of wind energy auctions seen over the last two years has resulted in an upsurge in orders for some of the leading wind turbine manufacturers. This recent jump in orders comes as developers look to meet the deadlines to commission their respective projects.
Lack of transmission infrastructure seems to have shown its impact on the financial considerations of project developers in India. Project developers have quoted substantially higher tariff bids in a national-level wind energy auction organized by NTPC Limited.
With the sharp decline in tariff bids of solar and wind energy projects in India, the country’s largest power generation company is now looking to replace some coal-based power supply with potentially cheaper renewable energy.
India finally launched the first projects at what will eventually be the world’s solar power park. The solar power park is located in the southern state of Karnataka and has seen several rounds of auctions of the last few months.
Non-compliance with a September 2016 ruling of the World Trade Organization that barred India from mandating use of Indian-made solar modules and cells now forced the Indian government to cancel a 250 megawatt tender awarded last year.
The Indian government has expressed intentions to launch another highly ambitious solar power program. The Ministry of New & Renewable Energy is exploring the appetite for setting up floating solar power projects.
Solairedirect, an international solar developer backed by French energy major Engie, is currently behind schedule for setting up a 250 megawatt solar power project in the Indian state of Andhra Pradesh as there are no buyers identified for the power to be generated.
