“Solar Energy Corporation of India Ltd (SECI) on Thursday announced the winners from two e-reverse auctions for a couple of renewable energy projects in India totalling 2,400 MW, with NTPC Renewable Energy Ltd emerging with a successful bid from each.” read the entire article Renewables Now 15 July 2022.
“The impact of the coronavirus outbreak on the supply chain has also been cited as a cause of the demand for PPA cancellations. India’s solar power story has been largely creditable, with a rapid pace of capacity addition and competitive tariffs being discovered, but several adversities including reluctance of discoms to sign power supply … [Read more…]
“The winning developers — Solarpack, ENEL, and IB Vogt — have no pipeline of solar projects till now and might be aggressive to build their portfolio. AMP Solar has a project pipeline of only 100 MW along with some other small projects under the open access corporate PPA route. EDEN, ReNew, and Ayana were … [Read more…]
“A 2 GW solar auction held by national body the Solar Energy Corporation of India (SECI) has attracted an historic low Indian solar electricity tariff of INR2.36/kWh ($0.031) from Spanish developer Solarpack, which secured 300 MW of project capacity, according to data shared with pv magazine by the National Solar Energy Federation of India. … [Read more…]