This video Compiles all the BIG NEWS in Indian Solar Market for Week 1 of July 2021.
Welcome to SolarOcta, our weekly & Monthly news series on the latest megaprojects in Solar Industry, New Policies, New Tenders, New startups, New announcements, and a lot more.
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2. WWW.SOLAROCTA.COM
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July 5, 2021
https://mercomindia.com/residential-rooftop-solar-system-with-subsidy/
(APEPDCL) has discovered the lowest bid of ₹50,000
(~$673)/kW for residential rooftop solar systems of up to 1
kW under the capital expenditure (CAPEX) model.
3. WWW.SOLAROCTA.COM
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July 5, 2021
https://www.eqmagpro.com/ntpc-
ongc-to-boost-development-of-
offshore-wind-energy/
State-run power giant NTPC and upstream oil firm ONGC have planned to boost
the development of offshore wind energy in India, which is blessed with a
coastline of about 7,600 km surrounded by water on three sides and has good
prospects of harnessing this clean source.target of renewable energy
capacity addition to 60GW by 2032 by NTPC
The MNRE has target of 5 GW of offshore wind installations by 2022
and 30 GW by 2030.
4. WWW.SOLAROCTA.COM
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July 5, 2021
https://www.pv-magazine-india.com/2021/07/05/where-the-almm-listing-requirement-went-wrong-for-indias-
solar-mission/
The idea behind introducing the Approved List of
Models and Manufacturers (ALMM) was to have a
quality benchmark for solar modules. However, in its
current form, it is more of a non-tariff barrier for
foreign manufacturers and limits solar developers in
terms of the choice of module wattage and make.
5. WWW.SOLAROCTA.COM
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July 5, 2021
https://mercomindia.com/solar-tender-
activity-up-yoy/
government agencies announced tenders for 8.5 GW
of solar projects in the second quarter (Q2) of the
calendar year (CY) 2021,
6. WWW.SOLAROCTA.COM
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July 5, 2021
https://www.eqmagpro.com/ntpc-invites-eoi-for-the-sale-of-fly-ash-in-middle-east-and-other-regions/
The Fly Ash generated at NTPC stations is ideal for use in
the manufacture of Cement, Concrete, Concrete Products,
Cellular Concrete products and for Bricks / Blocks / Tiles.
The Fly Ash generated at NTPC stations is ideal for use in
the manufacture of Cement, Concrete, Concrete Products,
Cellular Concrete products and for Bricks / Blocks / Tiles.
7. WWW.SOLAROCTA.COM
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July 5, 2021
https://www.saurenergy.com/solar-energy-news/tirupati-to-adopt-energy-efficient-practices-installing-2-mw-rooftop-solar
Tirumala Tirupati Devasthanams (TTD) is going to green with
efficient energy practices along with a water management
system.
TTD is planning to install a 2 MW rooftop solar system across
all colleges/schools in Tirupati and TTD buildings in Tirumala.
8. WWW.SOLAROCTA.COM
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July 5, 2021
https://www.eqmagpro.com/supply-of-1500-kw-grid-connected-solar-pv-power-plant-at-iti/
Survey, Design, Fabrication, Supply, Installation,
Testing and Commissioning of 1500 KW Grid
Connected Solar PV Power Plant Ground Mounted Net
Metering with Zero Export Policy with 5 years of
Comprehensive Operation and Maintainence Contract
at ITI L.
9. WWW.SOLAROCTA.COM
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July 5, 2021
https://www.pv-magazine-india.com/2021/07/05/ntpc-tenders-500-mw-of-solar-epc-work/
State-run power producer NTPC Limited has invited bids
to set up 500 MW of interstate transmission system
(ISTS) connected solar projects anywhere in India. The
projects are tendered under the Open category,
allowing the use of only India-made cells and modules.
10. WWW.SOLAROCTA.COM
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July 5, 2021
https://mercomindia.com/gujarat-net-metering-rooftop-solar-10/
In the case of self-owned systems and SURYA Gujarat
program consumers:
At ₹2.25 (~$0.031)/kWh for the first five years from
the commissioning of the project and the remaining
term of the project at 75% of the tariff discovered
through the competitive bidding process conducted
by the Gujarat Urja Vikas Nigam Limited (GUVNL).
12. WWW.SOLAROCTA.COM
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July 5, 2021
https://www.eqmagpro.com/north-india-power-starved-but-himachal-powerful/
While most north Indian states suffer power outages, Himachal
Pradesh is generating optimum electricity, mainly from hydropower,
despite delay in monsoon rains so far, but finding lack of buyers is
leaving the state virtually ‘powerless’ — financially. Hydroelectric
power generation from all state-run projects reached the optimum
level of 550 lakh units per day, the cash-starved distribution
companies of other states, which were earlier procuring electricity in
bulk, are opting for power cuts.
13. WWW.SOLAROCTA.COM
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July 5, 2021
https://mercomindia.com/smart-grid-cell-established-in-telangana/
TSERC had drafted smart grid regulations to enhance the
efficiency of its power generation, transmission, and
distribution networks.
Commission believes that smart grid technologies have
considerable potential to promote demand response,
reducing wholesale prices and price volatility.
14. WWW.SOLAROCTA.COM
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July 6, 2021
https://www.saurenergy.com/solar-energy-news/cosmic-pv-power-begins-module-production-at-new-facility-in-surat
The factory can produce up to 450Wp high
efficient Modules by using single & multi-
crystalline cells.
It is currently running with an annual production
capacity of 125MW,
15. WWW.SOLAROCTA.COM
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July 6, 2021
https://www.eqmagpro.com/electricity-amendment-bill-likely-to-be-introduced-in-monsoon-session-power-minister-r-k-singh/
The Electricity (Amendment) Bill 2021, which enables power
consumer to choose from multiple service providers as in the case
of telecom services, is likely to be introduced and pushed for
passage in the Monsoon session of Parliament beginning in July.
The bill also prescribes the rights and duties of electricity
consumers. Cabinet proposal for the National Green Hydrogen
Mission has been circulated with concerned ministries and would
soon be sent to Union Cabinet for approval.
he government is in the process of introducing ‘green tariff’.
16. WWW.SOLAROCTA.COM
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July 6, 2021
https://www.eqmagpro.com/aipef-writes-to-pm-seeks-detailed-deliberations-of-stakeholders-on-electricity-amendment-bill-2021/
Thee virtual discussions were also held with regulators. The
whole exercise to rush through this bill is thus nontransparent,
undemocratic and discriminatory, it said.
The federation had raised this issue at the very beginning by
seeking a period of six months on account of the prevailing
pandemic, it added.
Since electricity is a concurrent subject, the exercise to amend
the electricity act 2003 by excluding major stakeholders is
against the constitution, the AIPEF said.
17. WWW.SOLAROCTA.COM
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July 6, 2021
https://mercomindia.com/solar-developers-advantage-duty-free/
Solar developers in India are facing two important dates –
the safeguard duty (15%) set to end on July 29, 2021, and
the basic customs duty (BCD) of 40% on solar modules and
25% on solar cells that starts from April 1, 2022.
There is a duty-free period of nine months in between,
which is crucial for developers to take advantage of to
procure solar modules. But it is not turning out to be that
simple.
BCD compensation under the ‘Change in Law’ clause
18. WWW.SOLAROCTA.COM
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July 6, 2021
https://mercomindia.com/regulator-allows-odisha-discom-solar-seci/
After receiving a letter from GRIDCO for
procurement of 500 MW solar power, SECI offered
a revised tariff for the additional solar capacity of
1,500 MW at ₹2.69
19. WWW.SOLAROCTA.COM
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July 6, 2021
https://www.eqmagpro.com/anant-ambani-joins-as-board-member-on-rils-2-new-solar-companies/
Mukesh Ambani announced the company’s foray into clean
energy business with a planned investment of Rs 75,000
crore over the next three years at its annual shareholder
meet on June 24.
20. WWW.SOLAROCTA.COM
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July 6, 2021
https://www.eqmagpro.com/race-for-mytrahs-renewable-energy-assets-adani-group-renew-power-kkr-cppib-ayana/
Mytrah Energy’s assets are spread across 17 wind farms and 21
ground monitored solar farms in 9 states. According to its website,
the firm has the largest wind data bank in India, being the only
independent power producer having a pan India presence of over
240 wind masts
Weeks after the acquisition of Softbank Energy by the Adani Group for
a record $3.5 billion, the stage seems set for yet another mega-deal in
the Indian clean energy segment.
the firm is expecting a cheque size of $2.1 billion to $2.3billion,
24. WWW.SOLAROCTA.COM
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July 7, 2021
https://www.pv-magazine-india.com/2021/07/07/ieefa-warns-the-financial-risk-for-new-coal-under-estimated/
IEEFA report says the levelized cost of energy (LCOE) for coal
in India is calculated based on an overestimation of factors
such as utilization rates. The deemed low cost per unit of
energy makes coal-fired plants look more attractive to
potential investors than these really are
coal plants in India, the LCOE is calculated by assuming a
utilization factor of 85-90% throughout the project life.
However, the LCOE turns out to be 64% higher with India’s
average capacity utilization factor sitting at ~55% f
25. WWW.SOLAROCTA.COM
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July 7, 2021
https://mercomindia.com/acme-solar-renew-power-msedcl-auction/
ACME Solar Holdings won a capacity of 300 MW quoting
₹2.42 (~$0.032)/kWh. Meanwhile, ReNew Solar Power
won 200 MW quoting ₹2.43 (~$0.033)/kWh.
26. WWW.SOLAROCTA.COM
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July 7, 2021
https://www.eqmagpro.com/mm-to-acquire-31-in-solar-power-generation-company/
Mahindra & Mahindra (M&M) said it will acquire
1.60 crore shares (up to 31.2% stake) in ReNew
Sunlight Energy (RSEPL), in one or more tranches, for
a cash consideration of Rs 16.07 crore
27. WWW.SOLAROCTA.COM
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July 7, 2021
https://www.eqmagpro.com/tpddl-a-leading-power-utility-has-entered-into-a-strategic-partnership-with-california-based-autogrid-for-
deploying-artificial-intelligence-based-smart-energy-management-system/
area of demand response (DR), distributed energy
resource management (DERMS), electric vehicles (EVs),
virtual power plants (VPPs), energy storage
optimization, flexibility management, forecasting, and
renewable integration.
30. WWW.SOLAROCTA.COM
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July 7, 2021
https://www.eqmagpro.com/gujarats-renewable-energy-capacity-set-for-three-fold-surge/
At present, the state’s total installed power
generation capacity from renewable energy
sources — solar, wind, hydel, biomass and bagasse
— is about 13,152MW.
Gujarat’s renewable power generation capacity is
expected to jump to 38,466MW by 2025 and
61,466MW by 2030
35. WWW.SOLAROCTA.COM
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July 8, 2021
https://www.eqmagpro.com/the-president-of-india-as-advised-by-the-prime-minister-has-directed-the-allocation-of-portfolios-among-the-following
members-of-the-council-of-ministers/
MINISTER OF POWER | MINISTER OF NEW
RENEWABLE ENERGY SOURCES.| RAJ KUMAR SINGH
47. company/SolarOcta
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