India witnessed a surge in renewable energy projects announcements in the past few weeks. Several announcements have been made by states to develop solar parks and floating solar plants to meet country’s ambitious target of installing 175 gigawatts of renewable energy by 2022.
The north Indian state of Punjab has issued a draft renewable energy policy with a target to procure 21% of its electricity from renewable energy sources by 2030.
More Indian states are switching to solar power from thermal power due to the cost benefits available with the former.
As private sector power companies in India continue their struggle to implement new thermal power projects, some are now looking to take advantage of the government’s thrust towards solar power projects. RattanIndia Power is reportedly planning to use 324 hectares of land in the northern state of Punhjab originally earmarked … [continued]
One of the leading solar power project developers in India, Azure Power, has secured rights to develop large-scale projects in one of the state-level auctions. Azure Power secured a third of the 500 MW capacity offered by the Punjab Energy Development Agency (PEDA) in the third auction under the state … [continued]
Another state-level solar power auction in India has yielded to the continued trend of record-low tariffs. The Punjab Energy Development Agency (PEDA) recently allocated 500 MW worth of solar PV power plants to five separate developers. All the projects were allocated at less than Rs 6.00/kWh (9.2¢/kWh), the lowest tariffs … [continued]
After Gujarat’s success with canal-top solar photovoltaic power plants, other Indian states are also planning large-scale implementation of similar projects. India’s northern state of Punjab plans to set up 1,000 MW of solar PV projects to cover several kilometres of canals over the next three years. The state government has … [continued]
As a part of the national push to build our solar capacity, the Indian state of Punjab is building the world’s largest rooftop solar power project.
Responding to energy shortages produced by inadequate coal supplies, the Indian state of Punjab plans to build out 2000 MW of solar power capacity.
