India could install 8.5 GW of solar in fiscal 2022
India’s solar capacity additions will surge in the 2021-22 fiscal year, led by a strong project pipeline. Tariffs will go up in line with rising module prices, but will remain competitive at less than INR 3/kWh ($0.040/kWh), according to a new report by ICRA.
Transforming lives with solar mini-grids
Smart Power India, a unit of the Rockefeller Foundation, has supported the installation of 9.2 MW of renewables-based minigrids at more than 300 sites across India. Jaideep Mukherjee, CEO of SPI, recently spoke to pv magazine about the importance of minigrids and barriers to deployment.
Tata Power secures 84 MW rooftop solar contract in Indian state of Kerala
Tata has landed a $54 million deal from Kerala State Electricity Board Limited to install the rooftop capacity for domestic consumers across the state.
India’s Jakson Corporation commissions 50 MW solar plant in Uttar Pradesh
The 200-acre solar plant is located in the Kheragarh district of Agra. It benefits from a 25-year, fixed-tariff power purchase agreement with Uttar Pradesh Power Transmission Corporation Limited.
Tata Power vows to exit coal by 2050
Tata Power says it will use hybrid technologies, floating solar, battery storage, and green hydrogen to scale back its use of thermal power.
MUFG closes $163 million of financing fo 300 MW in India
Azure Power has secured $163 million of financing from Mitsubishi UFJ Financial Group (MUFG) for a 300 MW solar project in India.
Solar panels by the side of a lake
A 500 kW solar project by the side of the Bada Talab in Bhopal, Madhya Pradesh, uses 1,540 PV panels supported through cantilever frame. The installation runs 1.2 km.
Sterling and Wilson Solar’s order book grew by 72% in fiscal 2021
Sterling and Wilson Solar has recorded a surge in orders, but one-off events in the fourth quarter have dented the solar EPC company’s overall fiscal performance.
India to host new 1 GWh lithium-ion battery factory
LNJ Bhilwara has set up a joint venture with India’s Replus Engitech to create lithium battery solutions for e-mobility and stationary applications. The venture aims to have 1 GWh of capacity operational in the city of Pune by mid-2022, with plans to eventually scale it to 5 GWh by 2024.
India’s NTPC launches tender for 1 GWh of grid scale storage
State-run power producer NTPC has more than 65 GW of installed capacity, including gas, coal, hydro, and renewables-based power stations.
