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1. voda 18 juni 2015 15:45

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   India's solar power capacity target raises five fold to 100 GW
   
   Business Line reported that the Union Cabinet gave its approval for a five-fold increase in India’s solar power capacity target under the Jawaharlal Nehru National Solar Mission to 100 GW by 2022.
   
   The target, which has been shared previously by Mr Piyush Goyal, Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy, will be met through 40 GW of rooftop solar projects and 60 GW of large- and medium-scale grid-connected projects.
   
   While the target will require INR 600,000 crore of investment, the government will provide INR 15,050 crore as capital subsidy which would be used for rooftop solar projects and viability gap funding based projects.
   
   An official statement said that “The Ministry of New & Renewable Energy intends to achieve 100 GW with targets under three schemes of 19,200 MW.”
   
   According to Wednesday’s approval, projects with investment of about INR 90,000 crore would be developed using bundling mechanism with thermal power.
   
   The statement said that “The government may also approach bilateral and international donors and also Green Climate Fund for achieving this target.”
   
   Further to achieve the target, the Prime Minister’s Office has also been pushing various ministries to incorporate changes in land use regulation and tenancy laws to facilitate aggregation and leasing of land by farmers/developers for solar power projects.
   
   The Prime Minister Office has also pushed for identification of large chunks of land for solar projects, large government complexes for solar rooftop projects, development of a Green Energy Corridor, provision of rooftop solar and 10 per cent renewable energy as mandatory reform under the Ministry of Urban Development and other such initiatives.
   
   In a separate decision, the Cabinet Committee on Economic Affairs also approved setting up of over 2,000 MW of grid connected solar power projects on a build, own and operate basis by solar power developers with VGF.
   
   Total investments expected under this scheme is about INR 12,000 crore and the estimated funds to provide VGF is INR 2,100 crore to be disbursed till 2022.
   
   The projects will be set up where power will be provided at a pre-determined tariff of INR 5.43 a unit for the first year with a five paise per unit increase over the next 20 years to take the tariff to INR 6.43 a unit, the statement said. For the last four years of the 25 year power purchase agreement, the tariff will remain fixed at INR 6.43 a unit. Thus, levellised tariff over the duration will be INR 5.79 a unit.
   
   Source : Business Line
   
2. voda 18 juni 2015 16:20

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   Adani Power signs 10 GW solar power park contract in India
   
   
   Clean Technica reported that Adani Power, one of the leading private power generation companies in India, has signed an agreement to set up the country’s largest solar power park.
   
   Adani Power has entered into an agreement with the state government of Rajasthan to set up a 10 GW solar power park, with the entire capacity expected to be based on photovoltaic technology. Earlier this year, Adani Power signed a memorandum of understanding with the Rajasthan government for setting up this project. The government and the company have now set up a 50:50 JV, Adani Renewable Energy Park Rajasthan, for the purpose of setting up the power plant.
   
   When fully commissioned, the project will generate over 16.6 billion KWh every year and will offset about 15 million tonne of CO2 emissions every year.
   
   The total investment for setting up the project is estimated at around $9 billion. The integrated solar park will have solar module manufacturing units in addition to the power generating units. Adani Power had earlier signed an agreement with SunEdison to set up India’s largest solar modules manufacturing facility with an estimated investment of $4 billion.
   
   The solar park will be part of the Rajasthan government’s medium-term target to set up 25 GW of solar power capacity by 2020. Project developers have already pledged to set up 40 GW of solar power capacity in response to the state government’s policy. Last week, another private sector company, Essel Infraprojects Limited, formed a JV with the Rajasthan government to set up 5 GW solar power capacity through 2 separate solar power parks.
   
   The Indian government is planning to set up 25 ultra mega solar power projects with total generation capacity of 20 GW. The projects pledged to be implemented by private companies in Rajasthan are not expected to be covered under this program of the central policy.
   
   Source : Clean Technica
   
3. voda 18 juni 2015 16:24

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   India govt targets 100,000 MW solar power capacity by 2022
   
   
   Times of India reported that the government is reaching for the sun by raising the target for adding solar power capacity five times to 100,000 MW by 2022. The Cabinet's panel on economic affairs on Wednesday put its stamp on the grand plan that is estimated to cost INR 6 lakh crore.
   
   The Cabinet's economic committee also approved a plan to set up 2,000 MW grid-connected solar capacity this year with viability gap funding under Phase-II of the Jawaharlal Nehru National Solar Mission.
   
   So, is India poised to emerge as a solar powerhouse? Mr Ravi Shankar Prasad, Telecom minister believes so.
   
   He said reporters after the Cabinet meeting that “This is a giant step and India will become the biggest producer of solar power in the world."
   
   But one will have to watch out for China and Japan, apart from the US, before India can rightfully stake its claim to the numero uno position in this regard.
   
   The Centre will provide INR 15,050 crore as capital subsidy. A government statement said that "The ministry of new and renewable energy intends to achieve the target of 100,000 MW with three schemes of 19,200 MW. Apart from this, projects with investment of about INR 90,000 crore would be developed using bundling mechanism with thermal power."
   
   The total investment expected under the viability gap funding scheme is about INR 12,000 crore. The estimated requirement of funds to provide VGF for 2,000 MW capacity is estimated at INR 2,100 crore.
   
   Source : Times of India
   
4. voda 18 juni 2015 16:25

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   IOC begins work on 4 MW solar power project in Nagapattinam
   
   
   PTI reported that Indian Oil Corporation commenced construction work on its proposed 4 MW solar power project at Muttam village in the district.
   
   Commencing the construction work with a 'bhoomi pooja', Nagapattinam District Collector Mr S Palanisamy said that IOC was setting up the plant at a cost of INR 31 crore on 20 acres of land.
   
   He said that IOC has entrusted the construction work to TATA Power Solar Systems Limited.
   
   The Collector said that IOC was setting up the project with the objective of generating green energy so as to reduce carbon footprint.
   
   He added that in addition to meeting the power consumption needs of IOC installation here, the power produced from the solar plant will help Muttam and nearby villages of the district.
   
   Source : PTI
   
5. voda 21 juni 2015 14:55

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   Dyesol signs European deal for perovskite on steel R&D
   
   Dyesol, which is involved in the industrialisation of perovskite solar cell technology, has entered into an 'industrial partner' agreement with Netherlands-based solar consortium Solliance. Solliance is a partnership of Belgian, Dutch and German companies, research institutes and universities working in thin-film photovoltaic solar energy.
   
   The agreement gives Dyesol access to the foreground and background IP of its Solliance R&D partners related to the R&D program, while protecting Dyesol’s background IP.
   
   Solliance provides state of the art laboratories and pilot production lines which are jointly used for dedicated research programmes. The three-year agreement gives Dyesol access to the world’s best processing equipment and expertise suited to the commercialisation of its revolutionary PSC technology on steel.
   
   Dyesol said "Solliance’s capability in the roll-to-roll processing of flexible PV enabled substrates, together with Dyesol’s expertise in PSC processing, device design and materials will enable both parties to accelerate the readiness of a commercially viable PSC based steel product for supply to the very substantial global cladding and roofing markets where attractive margins will be achievable. This partnership will create the industry’s most technically capable and commercially focused effort to roll out this next generation technology."
   
   Source : Business Spectator
   
6. voda 21 juni 2015 15:22

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   ABB secures USD 20 mln order for 200 MW Dubai solar power park
   
   Clean Technica reported that ABB has won a fresh order from the Dubai Electricity and Water Authority for the 200 MW Mohammed bin Rashid Al Maktoum solar park.
   
   Mohammed bin Rashid Al Maktoum Solar ParkDubai Electricity and Water Authority has placed an order with ABB worth USD 20 million to expand the substation at the 200 MW solar power park. DEWA is in the process of expanding the installed capacity of the project from 100 MW to 200 MW. In 2014, ABB was awarded a tender to set up sub-station for 100 MW solar power capacity in the project.
   
   DEWA had, earlier this year, awarded the tender to implement 200 MW solar photovoltaic power capacity at a record-low tariff of USD 5.98 per kWh.
   
   ABB will supply several key components to the project including 3 bays of 400 kilovolt and 11 bays of compact 132 KV gas-insulated switchgear, power transformers, and IEC 61850-based open architecture automation and controls. The project is scheduled to be completed in 2016.
   
   Once the project achieves 200 MW installed capacity it would be able to meet power demand of about 30,000 homes and offset greenhouse gas emissions equivalent to about 250,000 tonnes of carbon dioxide every year.
   
   DEWA plans to invest billions of dollars into the expansion of the Mohammed bin Rashid Al Maktoum solar park. The authority has upgraded plans for the installed capacity of the solar park. From an initial target of 1 GW by 2019, DEWA now plans to have 3 GW installed capacity at the park by 2030.
   
   The solar power park is central to DEWA’s target to source 7% of Dubai’s total power output from renewable energy sources by 2020 and 15% by 2030.
   
   Source : Clean Technica
   

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7. voda 21 juni 2015 15:24

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   Trina Solar plans USD 500 million India plant amid ban
   
   Bloomberg reported that Trina Solar Limited will invest in a USD 500 million plant with India’s Welspun Energy Limited as the world’s biggest supplier of panels seeks to circumvent US and European Union sanctions on solar shipments from China.
   
   Mr Zhiguo Zhu, senior vice president of Trina Solar, said in a phone interview that “The 2 GW facility will be in either the western state of Gujarat or southern state of Andhra Pradesh. Construction of the plant, planned in two phases, will take about 18 months. We’ll use Indian products to export to the U.S. or even Europe.”
   
   According to Bloomberg New Energy Finance, driven by the policy barriers, Chinese companies are setting up capacities globally. Southeast Asia is attracting the most investors, with advantages of low labor costs, local policy incentives and proximity to China, the source of the most raw materials.
   
   The World Health Organization said in May 2014 that global renewable energy companies are flocking to India after Mr Narendra Modi, PM of India, in November set a national target of installing 175 GW of clean power by 2022, an almost fivefold increase from the current installed capacity. India has 11 of the top 20 cities with Earth’s worst air quality.
   
   The executive said that Trina expects demand of as much as 600 MW in India this year.
   
   Mr Zhiguo said that “Next year, India will become our third-largest market. In future, it could become our biggest after China.”
   
   Changzhou, China-based Trina Solar and Welspun Energy of New Delhi signed an accord in May during Modi’s visit to China to jointly set up a photovoltaic industry park in India.
   
   Source : Bloomberg
   
8. voda 22 juni 2015 16:47

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   WIPCO will expand solar co-op to Onawa, Iowa, area in 2016
   
   Journal.com reported that Siouxland is getting a little brighter, courtesy of the Western Iowa Power Cooperative.
   
   The co-op plans to build a solar array, similar to its 750-panel setup in Denison, in Onawa, Iowa, in 2016. WIPCO will have a meeting for subscribers on Friday at its Denison office.
   
   The meeting will show subscribers how the solar array works. It will also inform them on the benefits of using solar energy, including reducing carbon dioxide emissions.
   
   The Denison array produces 356,181 kilowatts a year with panels covering half an acre of land.
   
   Ms Stephanie Wiese, WIPCO’s director of member services, said that the co-op not only offers solar energy for its members but also sells and installs solar equipment for anyone in Iowa.
   
   She said that “We’re the only co-op in Iowa that will install onsite solar at your location.”
   
   However, some locations might not be conducive to solar panel installation, which is why subscribing to WIPCO’s panels may be a better option. Not having to remove trees or make space for a panel and the necessary equipment is part of what makes the co-op system attractive to some homeowners.
   
   Members can subscribe for 20 years to use as little as half of a panel, Wiese said. There's no limit to how many panels one can subscribe to. Each panel is 410 watts and will generate approximately 425 KWh annually.
   
   Members receive a monthly production credit on their bill equal to how much energy their%age of subscribed panels produced that period.
   
   Any unused credit toward a bill is rolled over to the next month.
   
   Ms Wiese said that “By having solar energy through the co-op, you don’t have to insure a solar panel system, or maintain it yourself or pay property tax on it.”
   
   The co-op is an effort to make renewable energy as financially accessible as possible, Wiese said. Installments are possible for as low as USD 23 a month. Of the 750 panels in Denison, 373 are still available.
   
   Members can sign up for a 12 month or 24 month period without interest.
   
   Ms Wiese said that members also know they’re cutting back on pollution through using less fossil fuels.
   
   She said that “The Denison site has eliminated 285 tonne of CO2 emissions in its first year.”
   
   Source : Journal.com
   
9. voda 22 juni 2015 16:51

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   China leads the world in renewable power growth
   
   According to information gathered by NASA Earth Observatory, the total installed solar power capacity in Gansu province hit 5.2 GW last year and the country is targeting an additional half gigawatt by the end of this year. Nationwide China’s installed solar capacity was just more than 28 GW by the close of 2014, that’s three times the capacity installed in 2013.
   
   Just halfway into 2015, that capacity has grown to 33 GW.
   
   China has expanded its renewable energy resources remarkably fast, with hydro-, wind, and solar power growing to nearly 10% of the nation’s energy mix between 2006 and 2013. China has also become the world’s largest producer of photovoltaic panels and wind turbines.
   
   But China has continued to expand its coal-fired power capacity at the same time. In 2007 the country outpaced the United States to become the biggest greenhouse gas polluter on Earth: China burns around 4 billion tons of coal a year, more than four times the amount that the US burns.
   
   It’s important to put China's coal use into the population context: China, with a population of about 1.4 billion, emits between 10 and 11 million tons of carbon pollution a year, while the United States, with about one-quarter the population, is the No. 2 carbon polluter, emitting around 6.5 million tons a year, according to the World Resources Institute.
   
   So, Why Should You Care? Because burning fossil fuels is the leading driver of global warming, energy decisions made by China and the United States have a major impact on the health and welfare of nearly every living thing on Earth. In November, President Obama and Chinese President Xi Jinping announced ambitious plans to reduce their carbon pollution in the next 15 years.
   
   Lately, China is slowing its coal power expansion, driven in part by terrible air pollution problems as well as the country’s growing sensitivity to its international standing in the fight to curb global warming. The government has pledged to reduce its greenhouse gas emissions after hitting a peak in 2030 and to double its carbon-free energy generation at the same time.
   
   Source : Takepart.com
10. voda 22 juni 2015 16:52

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    DJB commissions a solar PV power plant at Varunalaya Office Complex
    
    The Financial Express reported that the Delhi Jal Board has commissioned a 50 KW Solar PV Power Plant at its Varunalaya Office Complex in order to cut down on its operations and maintenance costs and to focus on harnessing the potential of the renewable energy.
    
    A release by the DJB stated that the solar power plant is presently generating 6600 units of electricity per month and is leading to an immediate saving of INR 55,000 per month.
    
    Mr SS Yadav, CEO of Delhi Jal Board, said that “DJB has made innovative use of space by installing the solar panels on the rooftop of the Underground Reservoir. DJB is striving hard to look at non-conventional sources of energy which will reduce DJB’s power bill, the biggest expenditure for the utility and will also help in environment conservation.”
    
    Source : The Financial Express
    
12. voda 23 juni 2015 17:11

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    SoftBank, Foxconn and Bharti partners on solar power projects in India
    
    Agence France-Presse reported that Japan's SoftBank will team up with Taiwan's Foxconn and Bharti Enterprises to invest USD 20 billion in solar power projects in India, as the country ramps up its clean energy sector.
    
    Mobile phone operator SoftBank said that the venture aimed to generate 20 GW of energy through solar and wind power plants across coal-reliant India, up from the country's 4.1 GW of current capacity.
    
    Prime Minister Narendra Modi aims to expand clean energy to 100 GW by 2022 to slash India's crippling power blackouts as well as bring electricity to the 300 million people currently without power.
    
    India relies heavily on polluting coal power plants for about 60% of its electricity.
    
    Mr Masayoshi Son, SoftBank's billionaire founder, said that "With this partnership, our goal is to create a market-leading clean energy company, to fuel India's growth with clean and renewable sources of energy."
    
    Mr Son said that his company would help manufacture solar equipment in India for the project, adding that SoftBank has invested USD 1 billion in the country in the last nine months.”
    
    He said that "The sunshine in India is twice that of Japan. Cost of land and labour and maintenance is also half that of Japan. So then, the efficiency of generation solar power is likely to be four times compared to that in Japan."
    
    Mr Son said that the timeline for investments by the venture, a newly formed company called SBG Cleantech, would depend on negotiations with authorities as well as buying land needed for the power plants.
    
    SoftBank is among companies developing solar plants in Japan in the wake of that country's Fukushima nuclear power disaster in 2011.
    
    Source : Agence France-Presse
    
13. voda 23 juni 2015 17:14

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    Japan is building huge floating solar power plants - Report
    
    Tree Hugger reported that Japan has been working to shift more of its energy generation to renewable sources in the years since the Fukushima nuclear plant disaster, aiming to double its renewable energy output by 2030. In that rush, the country has come up with some smart ways to install distributed solar power. The latest idea has been to develop floating solar power plants that cover small inland bodies of water like ponds and reservoirs.
    
    Solar power company Kyocera has been leading the charge and just recently launched a solar power plant that floats on a reservoir and will produce about 2,680 MW hours per year, enough for 820 typical households. The installation consists of almost 9,100 waterproof solar panels atop a float made of a high-density polyethylene.
    
    Kyocera previously installed this technology in two smaller power plants over ponds earlier this year.
    
    Why make floating solar power plants when the land-based ones do just fine? Well, there are three major benefits to marine solar tech. The first is that they don't take up any land space. In Japan where cities are dense, agricultural land is limited, and rooftop solar has really taken off, water-based solar power is another way to rack up some clean energy, without taking up extra space.
    
    The second, and most important, is that the water helps the solar panels perform better. The water keeps the panels cool, which makes them operate more efficiently and helps them last longer.
    
    The third benefit is to the body of water itself. When panels are placed over reservoirs, they discourage water evaporation and algae growth, both of which keep the reservoirs fuller and healthier.
    
    Kyocera has even bigger plans for floating solar power. The company is working on a 13.4-MW project on the Yamakura Dam reservoir, which will be the largest floating solar installation in the world when it starts operation in March 2016.
    
    The plant will be comprised of approximately 50,000 Kyocera modules over a water surface area of 180,000m2. It will generate about 15,635 MWh per year, the equivalent of the energy demand of 4,700 typical households.
    
    Source : Tree Hugger
    

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14. voda 23 juni 2015 17:18

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    India achieves 4 GW installed solar power capacity
    
    Clean Technica reported that by the end of this year India may break into the top 10 solar power markets, in terms of installed capacity, as the South Asian giant has now crossed 4 GW of installed solar power capacity.
    
    India’s Ministry of New & Renewable Energy has reported that the country now has an operational solar power capacity of over 4 GW, with a significant jump caused by direct contributions from the country’s National Solar Mission.
    
    According to the data reported by MNRE, Rajasthan has now overtaken Gujarat as the state with the largest installed solar power capacity. Installed capacity in Rajasthan increased recently following commissioning of several projects under the National Solar Mission. Rajasthan now has an installed solar power capacity of 1.16 GW, or 29% of the total solar power capacity installed in the country. Gujarat has a share of 25% with 1 GW installed capacity. These two states have pioneered the development of solar power projects in India, with Gujarat’s solar power policy predating the National Solar Mission, while several projects commissioned in Rajasthan also pre-date the first auction under the National Solar Mission. However, Rajasthan remains a laggard in the capacity installed under the state policy as several of its early projects were absorbed under the central government’s National Solar Mission. Gujarat, which had led all Indian states in terms of installed capacity for years, benefited from its over 200 MW solar power park.
    
    Other states, however, have started adding significant capacities as projects auctioned under their state policies become operational. Madhya Pradesh, home to India’s largest solar power project developed by a single company, holds the second position in terms of installed capacity under state policy. And with 564 MW installed capacity it contributes 14% to India’s total installed solar power capacity.
    
    Source : Clean Technica
    

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15. voda 23 juni 2015 17:22

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    Rajasthan pips Gujarat in solar power and becomes No. 1 in India
    
    Times of India reported that Gujarat, which remained the undisputed leader in solar energy generation till recently in the country, has finally been left behind by its close rival Rajasthan, and given the number of projects in the pipeline, the desert state is likely to retain the honour for quite some time to come.
    
    According to data released by the Union ministry of new and renewable energy on June 4 2015, Rajasthan has grabbed the number one position in the country with an installed capacity of 1,167 MW against Gujarat's 1,000 MW.
    
    An avid proponent of solar energy, Mr Narendra Modi, PM of India, was probably one of the few leaders who as the chief minister of Gujarat foresaw the potential of solar power and the state always remained at the top as the largest generator of the green energy. On the other hand, Rajasthan had all the natural advantages for solar such as abundant barren land and high solar radiation in the country, but it failed to live up to its potential in the absence of investor-friendly policy and the government's aggressive promotion of the sector.
    
    Gujarat, under Mr Modi, was one of the few states which spotted the opportunity early on and accordingly, it brought out a solar policy in 2009. Many power developers flocked to the state and made substantial investments even as the cost of generating solar power then was more than INR 17 per unit against INR 4 required to generate same amount of power from thermal sources.
    
    Mr Suman Kumar, president of Rajasthan Solar Association, said that "Many investors liked Gujarat's solar policy at that time and made huge investments in the state during 2009-11. But after that the dynamics of the sector changed dramatically. Cost of solar power generation crashed to INR 6 per unit owing to the plunge in the price of solar photo-voltaic panels. That's why, today there is a strong competition among states to attract investment in the sector. While Rajasthan is leveraging its natural advantages with a proactive policy, Gujarat's solar sector needs to reinvent itself to catch up with the neighboring state."
    
    Source : Times of India
    

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16. voda 24 juni 2015 19:13

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    Cisco Systems signs solar power deal for San Jose headquarters
    
    Cisco Systems announced plans to develop a 20 MW solar power facility in the Sonoran Desert near the California-Arizona border that will supply power to its San Jose headquarters.
    
    The deal requires little upfront money from Cisco. NRG Renew, the solar arm of independent power producer NRG Energy, will build the facility at a vacant 153-acre parcel at its Blythe location the NRG has been developing since 2010. Cisco agreed to purchase power from the solar farm for 20 years.
    
    Mr Ali Ahmed, Cisco’s global energy and sustainability chief, said that the plan will further Cisco’s goal of using renewable sources for at least 25% of its needs by 2017.
    
    Silicon Valley companies, especially those with big, power-hungry data centers, have embraced green energy in the past few years. Apple recently announced plans to power its Cupertino headquarters building, now under construction, with solar energy from a solar farm operated by First Solar in Cholame, in a remote part of Monterey County. Google signed a 20-year agreement with Florida-based NextEra to buy nearly 43 MW of electricity from an Altamont Pass wind farm beginning next year.
    
    Cisco already has about 2 MW of solar power for some of its facilities around the US, including a new system in Boxborough, Mass. The company said that it is focusing on its engineering labs, which it described as the company’s largest consumers of energy and greatest source of greenhouse gas emissions.
    
    NRG said that its Blythe II solar farm is in a location where average temperatures are 90 degrees or higher. It said the new installation’s 20 megawatts will provide enough electricity to power 14,000 homes and will prevent more than 100,000 metric tons of carbon dioxide from entering the atmosphere, a reduction that it said is equivalent to removing 21,000 cars from the road.
    
    Source : Silicon Beat
    
17. voda 24 juni 2015 19:15

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    Huge solar storm to hit power grid on Earth
    
    Published on Wed, 24 Jun 2015 52 times viewed
    
    The Earth is being battered by a huge solar storm, which could disrupt the power grid and GPS as well as letting people see beautiful auroras.
    
    A potent blast of magnetic plasma shot out of the sun on Sunday, travelling faster than usual, according to the US National Oceanic and Atmospheric Administration. It brought with it the biggest solar storm at least since March, and perhaps since September 2005.
    
    The solar weather brought with it aurora, spectacular lights that could be seen over the US. Their effects were spotted and shared by Mr Scott Kelly, an astronaut who is currently on the ISS. Aurora are caused by the way that the storm interacts with the top levels of our atmosphere. The red colour tends to come only during the most intense solar activity and happens at the highest part of the atmosphere.
    
    According to NOAA space weather physicist Mr Doug Biesecker, solar storms can disrupt communications, navigations systems, the power grid and other systems that rely on radio communications, but there were no reports of damage.
    
    It was likely that important systems like the electrical grid saw current fluctuations, but they have been built to be able to handle such disruption. The storm arrived on Monday afternoon and could last for a day or even longer.
    
    Source : Times of India
    
18. voda 24 juni 2015 19:19

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    Nog de zon afbeelding, bijvoegen bij de vorige post lukte niet.

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19. voda 24 juni 2015 19:43

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    Indian govt gives go-ahead for 2 GW solar power capacity auction
    
    Clean Technica reported that India’s Cabinet has given the go-ahead for the auction of 2 GW worth of solar power capacity under the National Solar Mission.
    
    During a recent meeting of the Cabinet, where the government also gave a formal approval to the 100 GW installed solar power capacity target by 2022, it was decided that the auction of 2 GW under Batch 3 Phase 2 of the National Solar Mission would go ahead.
    
    The 2 GW solar power capacity will be auctioned to project developers with Viability Gap Funding. Project developers will quote the minimum capital cost assistance they would require to set up their projects instead of minimum tariff. Of the 2 GW capacity to be auctioned, 250 MW capacity will have to be developed using only Indian-made solar cells and modules, the Domestic Content Requirement. Project developers will be free to use any cells and modules for the balance 1.75 GW capacity, Open Category. The maximum VGF granted to a project developer will be INR 1.31 crore per MW in the Domestic Content Requirement category and INR 1 crore per MW in the Open Category.
    
    The government expects that the total investment for installation of the 2 GW capacity will be around INR 12,000 crore. The Indian government has allocated INR 2,100 crore to provide for the viability gap funding to the project developers.
    
    Project developers will sell the electricity through long-term power purchase agreements at pre-defined tariffs. The tariff will be set at INR 5.43 per kWh for the first year, the tariff would then increase by INR 0.05 per kWh every year until it reaches INR 6.43 per kWh.
    
    Source : Clean Technica
    
    
20. voda 26 juni 2015 15:41

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    World Bank supports solar energy projects in Jordan
    
    Jordan Times reported that the Multilateral Investment Guarantee Agency, the political risk insurance and credit enhancement arm of the World Bank Group, is backing the development, construction and operation of four solar power projects in Jordan, adding 50 MW of clean, renewable energy generation capacity to the country's grid.
    
    According to a MIGA statement, the plants in Maan and Mafraq benefit from a 20 year power purchase agreement with the National Electric Power Company.
    
    The statement said that MIGA's investment guarantees of USD 15.6 million cover equity investments by private-equity fund Adenium Solar Jordan for up to 20 years against the risks of transfer restriction, expropriation, breach of contract, and war and civil disturbance. The World Bank Group's International Finance Corporation is also supporting the projects as a lender.
    
    Source : Jordan Times
    
21. voda 26 juni 2015 15:54

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    Banpu backs solar with 200 MW renewable energy investment
    
    Thai coal-mining and power generation group Banpu plans to invest in 200 MW of renewable capacity over the next 5 years with the majority being solar energy.
    
    Mr Somruedee Chaimongkol, CEO of Banpu, said that “We are looking at the opportunities in North Asia. At this stage the majority is in solar. We are developing an investment plan based on our strategic ones, which will be completed soon.”
    
    Falling coal prices have led to Banpu diversifying into new power technologies.
    
    In Banpu’s Q1 results, released in May, Mr Chaimongkol said that “Our aim is to optimize assets during coal price volatility.”
    
    Over the next 5 years, Banpu, which has a presence in eight countries across the Asia-Pacific region, will double its total electricity generating capacity to 2,750 MW.
    
    Source : PV Tech