India gets first grid-scale battery energy storage system
The 10 MW system at Tata Power Delhi Distribution’s Rohini substation is said to be South Asia’s largest.
Indian state-owned utilities tender 45 MW of floating solar projects
Following power company NTPC’s 20 MW tender for Rajasthan and 15 MW procurement for Himachal Pradesh, Haryana Power Generation Corporation Limited has invited bids to develop 10 MW of floating PV in Hisar. The deadline for bid submission is on March 1.
Indian state of Tamil Nadu floats new solar policy to generate 9 GW by 2022
The state government has unveiled its new solar energy policy. The ambition would encompass projects, programs and installations relating to solar PV and thermal energy, and is aimed at utilities as well as energy consumers.
India’s 10 GW mega tender has now been trimmed to 3 GW
A week after rejecting the sole bid received – from Azure Power – for its manufacturing-linked 10 GW solar procurement, the government has trimmed the size of the ill-fated exercise by more than two-thirds.
Abu Dhabi’s Masdar vies for stake in Indian developer Hero Future
State-owned Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.
Electric car sales in India declined by 40% in 2018
EV sales retreated to a mere 1,200 units in the 2018 financial year, but electric two-wheeler sales rose 138%, to 54,800 units, according to research and consultancy group Wood Mackenzie.
Rejection of Azure Power bid confirms failure of India’s 10 GW ‘mega-tender’
Delhi-based developer Azure had bid for a 2 GW project on a single site – plus 600 MW of manufacturing capacity – as part of a much-hyped national 10 GW manufacturing-linked tender. The government has decided to reject the bid because it says the quoted price is unreasonable.
India mulls anti-dumping duty on Malaysian solar glass
The government may impose anti-dumping duty of $114.58 per tonne on tempered solar glass imports to provide a level playing field to domestic manufacturers.
Indian Railways plans to tender 4 GW solar project
The procurement will be worth an estimated $2.25 billion, and will stipulate the use of 1.2 GW of Indian-made equipment. The power generated will replace 4 GW of coal-fired electricity consumption used by the railways.
Investment funds scramble to acquire Indian giant’s 1 GW assets
Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are reported to be among those eyeing the renewable energy assets of debt riddled Infrastructure Leasing and Financial Services.
