Daily News Wrap-Up: Azure Power Commissions 600 MW Solar Project in Rajasthan

MNRE updates list of solar module manufacturers under ALMM


Here are some noteworthy cleantech announcements of the day from around the world:

Independent power producer Azure Power has commissioned the 600 MW Interstate Transmission System (ISTS) connected solar project allocated by the Solar Energy Corporation of India (SECI). The project is located in Bikaner, Rajasthan. The power generated from the project will be supplied to SECI at a tariff of ₹2.53(~$0.034) /kWh for 25 years. Azure Power has commissioned this project in phases, with the last 100 MW commissioned this month. Azure Power now has an operational solar portfolio of 2,510 MW.

The Ministry of New and Renewable Energy (MNRE) has issued an updated list of models and module manufacturers under the Approved List of Models and Manufacturers (ALMM) order. The new entrants are Contendre Greenergy and Ritika Systems. There are now 41 ALMM approved module manufacturers. Only the models and manufacturers included in the list are eligible for government projects in the country, including the projects for the sale of electricity to the government.

Indian battery manufacturer Exide Industries has entered a share purchase agreement between Cleantech India and Greenyana Solar to sell its entire equity shareholding in Greenyana. Greenyana Solar is an associate company of Exide formed to procure energy from solar captive power projects set up in Haryana. The consideration to be received is ₹52.5 million (~$706,495) towards 5,83,333 equity shares. Greenyana Solar had netted a loss of ₹5.9 million (~79,400) in the last financial year, equivalent to a 27.2% share of Exide Industries in Greenyana.

Chemical manufacturing company Bhageria Industries has commissioned 9.5 MW solar power projects at Kombhalne, Ahmednagar. Out of the total capacity, 4 MW will be used by the company for its consumption at the Tarapur facility. The remaining 5.5 MW is a turnkey EPC project for its clients. The company now has a total of 5 MW of self-captive consumption capacity. This will provide 10 million units of power units per annum to its Tarapur facility, which will help the company to reduce its dependence on non-renewable sources of energy.