Daily News Wrap-Up: CERC Approves High Price Bilateral Market Segment on PXIL

CERC Approves High Price Bilateral Market Segment on PXIL

Sterlite Expands Green Energy Corridor Portfolio by Acquiring Beawar Transmission

Enfinity Boosts Renewable Portfolio with 546 MW Solar Asset Acquisition in US

Indian Oil Floats Consultancy Tender for Renewable Projects Across India

Europe’s Power Sector Calls for Ramping Up Aging Grid Infrastructure

Daily News-Wrap Up: NTPC Invites Bids to Develop 176 MW Solar Projects

Silfab to Build 1.2 GW Solar Module Manufacturing Facility in York County

Voyants Solutions Wins TUSCO’s Consultancy Auction for 600 MW of Solar Projects

PFC Consulting Invites Bids for 1.25 GW ISTS-Connected Solar Projects


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					</table><p>As India prepares to build out its solar module manufacturing capacity, Gujarat has emerged as an overwhelmingly favorite destination for domestic manufacturers, accounting for more than half of the country’s module-making capacity and roughly 30% of cell manufacturing capacity.</p>
<p>The state has benefited from friendly industrial policies in the form of expedited and simpler compliance procedures. Additionally, the electricity tariff in the state is competitive and attracts manufacturing companies.</p>
<p>The details emerged in Mercom’s <a href="https://mercomindia.com/product/state-solar-manufacturing-india/" target="_blank" rel="noopener">State of Solar Manufacturing in India</a> report, released last month. It is a 58-page document and covers all facets of India’s solar manufacturing.</p>
<p>As of September 2022, India had the capacity to manufacture 39.5 GW of solar modules and 4.7 GW of cells, although the operational capacity was slightly lower.</p>
<p>The report projects module manufacturing capacity to increase by 28% by 2025 and cell capacity by 82% by 2024.</p>
<p>According to the report, Gujarat will continue to be the top destination, as 48% of the upcoming module and 54% of the planned cell capacity is projected to come up in the state.</p>
<p>The state’s industry-friendly policy has attracted manufacturers from across sectors. The state launched an Investor Facilitation Portal (IFP) in 2010 after the government introduced the Integrated Work Flow and Document Management System in 2006.</p>
<p>IFP acts as a single window for the state government&#8217;s approvals needed by investors.</p>
<p>The top three module manufacturers in the state were Waaree Energies, Adani Solar, and Goldi Solar.</p>
<p>Half of the module manufacturing capacity enlisted under the Approved List of Models and Manufacturers is from Gujarat.</p>
<p>Further, the state’s electricity tariffs for industrial customers range between ₹4(~$0.052)/kWh and ₹4.5 (~$0.056)/kWh, which are the lowest in the country and attractive to manufacturers.</p>
<p>Electricity accounts for a significant portion of the Indian solar module makers&#8217; operating costs.</p>
<p>Based on current announcements, Gujarat-based Reliance Industries and Goldi Solar are expected to commence commercial production of HJT modules and cells by early 2025.</p>
<p>As with module manufacturing, Gujarat also leads the domestic annual solar cell production capacity.</p>
<p>Companies, including Waaree Energies, Goldi Solar, Adani Solar, ReNew Power, and Solex Energy, announced capacity additions for its production.</p>
<p>Mercom’s State of Solar Manufacturing in India report is 58 pages and covers all facets of India’s solar manufacturing. For the complete report, visit:  <a href="https://mercomindia.com/product/state-solar-manufacturing-india/" target="_blank" rel="noopener">https://mercomindia.com/product/state-solar-manufacturing-india</a></p>
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<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gautamee-hazarika/" class="vcard author" rel="author"><span class="fn">Gautamee Hazarika</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Gautamee,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gautamee-hazarika/" target="_blank" rel="noopener">More articles from Gautamee.</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="102" height="102" /><a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">Gautamee</a> is a reporter at Mercom India. Prior to Mercom, Gautamee was working as a multimedia news journalist at ThePrint in New Delhi. She has received her Bachelors in English Honors and Masters in English Literature from St.Stephen&#8217;s College, University of Delhi.<a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">More articles from Gautamee</a></div>
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50% of India’s Planned Solar Module Capacity to be in Gujarat

<p>Solar microinverter supplier <a href="https://enphase.com/en-us" target="_blank" rel="noopener">Enphase Energy</a> and solar module manufacturer Waaree Energies Ltd. have announced their 4.5 MW solar project installation in Hosapet, Karnataka.</p>
<p>The project will be the largest Enphase microinverter-based solar installation in the world, according to the company.</p>
<p>The project will be spread across 18 acres and is expected to generate more than 7,500 MWh of solar power annually. The power will be sold to businesses in Karnataka through short and long-term power purchase agreements.</p>
<p>The project will be powered by 13,235 Enphase Energy microinverters and an equal number of solar modules.</p>
<p>Installing microinverters is beneficial because of their ability to increase energy harvest by working in low, diffused light or shaded conditions. They are more suited to India’s harsh, dusty environment.</p>
<p>Microinverters are more reliable as they have the advantage of single-point tracking, so the entire system is not affected by a single failure. In the case of a fault, it is easier to diagnose a problem. Despite these advantages, the adoption of microinverters in the Indian solar industry has been negligible.</p>
<p>The main reason for this is its high initial cost. In a price-sensitive market like India, higher costs per watt can easily deter developers and installers to look for cheaper options. Installations can also be costly because each inverter needs to be installed in tandem with each solar panel. Thus, many companies have started manufacturing built-in microinverters.</p>
<p>In September 2017, Enphase and Waaree <a href="https://mercomindia.com/enphase-energy-waaree-energies-join-forces-develop-ac-modules-india/" target="_blank" rel="noopener">announced</a> their partnership to develop AC solar modules for the Indian market.</p>
<p><a href="https://mercomindia.com/string-inverter-indian-solar-market/" target="_blank" rel="noopener">Mercom recently reported</a> that the choice of inverter type for EPC players and developers is no longer as simple as it used to be. A string inverter connected to a series of solar panels does not affect the performance of the entire system due to shading. It also provides greater flexibility in making design choices for the balance of system (BOS).</p>
<p>The market share for string inverters is still miniscule in comparison to central inverters, which earn approximately 90 percent of the market share. Mercom’s recently released <em><a href="https://mercomindia.com/product/mercoms-india-solar-market-share-report/" target="_blank" rel="noopener">India Solar Market Leaderboard 2018</a></em> report covers the top inverter suppliers for 2017.</p>
<p>Image credit: By Pacific Southwest Region from Sacramento, [<a href="https://creativecommons.org/licenses/by/2.0" target="_blank" rel="noopener">CC BY 2.0</a>], via Wikimedia Commons</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/nitin/" class="vcard author" rel="author"><span class="fn">Nitin Kabeer</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><p><img class="alignleft wp-image-9822" src="https://mercomindia.com/wp-content/uploads/2018/04/nitin-2.png" alt="" width="99" height="105" /><span style="font-family: Calibri"><span style="color: #000000"><span>Nitin is a staff reporter at Mercomindia.com and writes on renewable energy and related sectors. Prior to Mercom, Nitin has worked for CNN IBN, India News, Agricultural Spectrum and Bureaucracy Today. He received his bachelor’s degree in Journalism &amp; Communication from Manipal Institute of Communication at Manipal University and Master’s degree in International Relations from Jindal School of International Affairs. <a href="https://mercomindia.com/author/nitin/">More articles from Nitin Kabeer</a></span></span></span></p>
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Enphase Energy to Develop Its Biggest Microinverter-Based Solar Project in Karnataka

<p>Azure Power has emerged as the lowest (L1) bidder in the recently conducted 250 MW solar auction. The project will be developed under the domestic content requirement (DCR) category. Azure Power quoted a tariff of ₹3.14/kWh to develop 250 MW of solar under DCR.</p>
<p>In the auction, tariffs quoted ranged between a high of ₹4.95/kWh and a low of ₹3.14/kWh. ReNew Power and Waaree Energies were the other bidders who quoted below ₹4/kWh; ReNew Power quoted a tariff of ₹3.15/kWh to develop 150 MW, and Waaree Energies quoted ₹3.95/kWh to develop 25 MW.</p>
<p>The other bidders were, Mahoba Solar (UP) who quoted ₹4.44/kWh to develop 250 MW and Canadian Solar Energy Holding who quoted ₹4.95/kWh to develop 100 MW.</p>
<p>The difference in bids quoted was significant with the highest bid almost 58 percent more than the winning bid.</p>
<p><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-7918" src="https://mercomindia.com/wp-content/uploads/2017/10/AZURE-DCR.png" alt="AZURE DCR AUCTION WIN" width="812" height="289" srcset="https://cms.mercomindia.com/wp-content/uploads/2017/10/AZURE-DCR.png 812w, https://cms.mercomindia.com/wp-content/uploads/2017/10/AZURE-DCR-600x214.png 600w, https://cms.mercomindia.com/wp-content/uploads/2017/10/AZURE-DCR-300x107.png 300w, https://cms.mercomindia.com/wp-content/uploads/2017/10/AZURE-DCR-768x273.png 768w, https://cms.mercomindia.com/wp-content/uploads/2017/10/AZURE-DCR-650x231.png 650w, https://cms.mercomindia.com/wp-content/uploads/2017/10/AZURE-DCR-624x222.png 624w" sizes="(max-width: 812px) 100vw, 812px" /></p>
<p>NTPC tendered the project in <a href="https://mercomindia.com/ntpc-tenders-250-mw-solar-dcr-category/">August 2017</a> and the developer could  choose to develop the project anywhere in India. An NTPC official confirmed the results of the auction and said the entire capacity will be awarded to Azure Power, the L1 bidder. “These are good tariffs for a DCR project,” added the NTPC official.</p>
<p>Azure Power recently <a href="https://mercomindia.com/gujarat-government-agencies-push-low-bid-%E2%82%B92-65kwh-500-mw-guvnl-auction-india/" target="_blank" rel="noopener noreferrer">won </a>a 260 MW solar project quoting a tariff of ₹2.67 (~$0.0417)/kWh in the recently held Gujarat Urja Vikas Nigam Limited (GUVNL) 500 MW solar auction.</p>
<p>December 14, 2017 will be the <a href="https://mercomindia.com/dcr-category-officially-end-december-2017/">last day for the DCR category</a> based on the WTO ruling.</p>
<p><a href="https://mercomindia.com/solar-tariffs-dcr-auctions-decline/" target="_blank" rel="noopener noreferrer"><em>More to come…</em></a></p>
<p>Image credit: Azure Power</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/saumy/" class="vcard author" rel="author"><span class="fn">Saumy Prateek</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><p><img class="alignleft" src="https://mercomindia.com/wp-content/uploads/2018/03/saumy-edited-1.png" alt="Saumy Prateek" /> Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism &amp; Mass Communication from the Manipal Institute of Communication at Manipal University. <a href="https://mercomindia.com/author/saumy/">More articles from Saumy Prateek.</a></p>
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BREAKING: Azure Power Wins NTPC’s 250 MW DCR Solar Auction with a Low Bid of ₹3.14/kWh

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