Azure Power Commissions 150 MW Indian Solar Project (Int'l Report)
In New Delhi, Indian solar power specialist Azure Power reports commissioning of a 150 MW solar power plant in Bhadla solar park in Rajasthan. This section is the first phase of 200 MWs allocated to Azure Power by Solar Energy Corporation of India (SECI), a Government of India enterprise. Azure Power will supply power to SECI under a 25-yera PPA.
With this project commissioned, Azure Power has 1600 MWs of high-quality operational solar assets.
In 2015, Azure developed the first-ever SECI solar power plant in the state of Rajasthan, which was also the largest solar power project under India's National Solar Mission at the time of its commissioning.
(Source: Azure Power, PR, 30 April, 2019)
Contact: Azure Power, Inderpreet Wadhwa, CEO, Samitla Subba, +91-11-4940-9854,
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Solar Powering India's Q1 Renewable Energy Growth (Int'l Report)
India Renewable Energy
According to India's Union Ministry of New and Renewable Energy (MNRE), India's total grid connected installed renewable power capacity stood at 71,325 MW (58,303 MW) as of June 30, 2018,
The total capacity of wind power stood at 34,293 MW followed by solar power with a total capacity of 23,023 MW (both ground mounted and rooftop). The Biomass (including bagasse and non-bagasse cogeneration) had a total capacity of 9,378 MW. Small hydro and waste-to-power accounted for 4493 MW and 138 MW respectively.
The MNRE has fixed a total capacity addition target of 15,602 MW for 2018-19 (14,550 MW) and solar is expected to be the highest contributor with about 11,000 MW (ground mounted 10,000 MW and rooftop 1,000 MW) of the new capacity, followed by wind (4,000 MW), biomass (350 MW) and small hydro (250 MW).
(Source: Union Ministry of New and Renewable Energy, Hindu Business Line, 16 July, 2018) Contact:
India Union Ministry of New and Renewable Energy, www.mnre.gov.in
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SoftBank Supports $930Mn Indian Solar Initiative (Int'l Funding)
SoftBank,GCL System Integration Technology
SoftBank Group Corp reports it will launch a $930 million Indian joint solar PV energy venture with Chinese firm GCL System Integration Technology Co Ltd as part of its India solar investment roadmap.
GCL will provide technology and SoftBank will assist in land acquisition and regulatory approvals for the 4 GW project.
SoftBank will hold 60 pct of the venture's shares and GCL will own 40 per cent, according to a Shenzhen stock exchange filing.
Funding for the project will come from SoftBank's Vision Fund with over $93 billion, making it the world's largest private equity fund.
(Source: Softbank, Business Standard, 2 April, 2018) Contact: GCL System Integration Technology, en.gcl-power.com/site/integrated; SoftBank Group, www.softbank.jp/en
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Equis Energy Commissions 135MW Indian Solar Project (Int'l.)
Equis Energy, Solar Energy Corporation of India
Singapore-headquartered renewable energy developer Equis Energy is reporting commissioning of a 135MW solar farm in Bagalkot District in the Indian state of Karnataka.
The project, the company's largest, has a generation output of approximately 224,000MWh per year supplying power to the equivalent of around 200,000 homes.
Equis has 897MW of solar and wind assets under operation, construction and advanced development in India, with 1,330MW of utility-scale solar and wind projects in development and expected to become operational within the next five years.
(Source: Equis Energy, PVTech, 29 Mar., 2018)
29 March 2018) Contact: Equis Energy, +65 6950 0530, email@example.com, www.equisenergy.com;
Solar Energy Corporation of India, www.seci.gov.in
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ARENA Foresees Tumbling Wind, Solar Costs (Int'l Report)
International Renewable Energy Agency
According to the International Renewable Energy Agency (IRENA), solar PV costs are expected to be halved from the current levels by 2020, undercutting, fossil fuels by generating in the range from 3 to 10 cents/kWh range. IRENA suggests this will be driven by rising investments in clean power projects, which will in turn cut the cost of energy for consumers.
ARENA predicted movements toward the "lowest costs yet" for both solar and wind power between now and 2020, with global average costs set to drop to between $0.06/kWh and $0.10/kWh for both wind and solar. (Source: ARENA, International Renewable Energy Agency
Contact: International Energy Agency, Dr. Faith Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org
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India's Solar Electric Power Generation Soars (Int'l. Report)
In Mumbai, India's Central Electricity Authority (CEA) reports that electricity from solar jumped 81 pct year-over-year in fiscal year 2016-17.
According to the CEA data, in FY 2016-17 solar contributed ~13.5 billion units of electricity -- an 81 pct rise from the ~7.4 billion units generated in FY 2015-16. Although Solar still accounts for slightly more than 1 pct of the country's total power generation it is still India's fastest-growing new power generation source.
Thermal is India's dominant source of power at 80.05 pct, followed by hydro at 9.85 pct, wind power generates 3.7 pct followed by nuclear nuclear at just over 3 pct.
(Source: India Central Electricity Authority, May 29, 2017) Contact: India Central Electricity Authority, www.cea.nic.in
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Tata Power Solar Touts Manufacturing Capacity Expansion (Int'l)
Indian industrial and energy conglomerate Tata reports that its Tata Power Solar unit, the country's largest integrated solar company, has begun the expansion and modernization of its solar cell and module manufacturing facility in Bengaluru. The two-stage expansion doubles the company's module capacity to 400 MW and increases cell manufacturing capacity by 65 pct to 300 MW, according to a company statement.
(Source: Tata Power Solar, Business Standard, Others, 14 Mar., 2017) Contact: Tata Power Solar, www.tatapowersolar.com
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, India Solar
World's Largest Solar Farm Launched in India (Int'l Report)
The government of India is reporting the launch of 648 MW, 2,500-acre solar farm in Kamuthi. The facility is sufficient for approximately 150,000 homes.
According to widely circulated reports, India aims to become one of the world's largest solar power producers with 100 gigawatts of solar energy not later than 2030.
(Source: Nature World News, Various Others, 2 Dec., 2106)
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