Solar PV Project of 600 MW Re-Tendered in Pakistan
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Variable renewable energy tenders in India fell to around 28 gigatonnes in 2022, down from 40 gigatonnes in 2019.
This could stymie its efforts to meet its 2030 target.
Variable renewable energy tenders in India fell to around 28 gigatonnes in 2022. down from 40 gigatonnes in 2019.
The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics discovered in a joint report that this is below the level required for India to meet its 450GW target.
"Right now, renewable energy tendering activity is lagging. To meet the 2030 target, India will need to open at least 35GW of renewables tenders annually, according to co-author Vibhuti Garg, Director, South Asia, IEEFA.
“But with tendering authorities looking to design tenders that balance the needs of the developers and the electricity distribution companies (DISCOMs), more than 35GW per year, although ambitious, is attainable. It is now important that Solar Energy Corporation of India (SECI), NTPC and state agencies deploy their tendering experience to implement viable and innovative tenders in the renewable energy space.
Moreover, the report noted that the decline in annual tender issuance is linked to the shift in the preference of state electricity DISCOMS to wind-solar hybrid projects or renewable energy projects that come with energy storage from plain vanilla solar and wind projects.
K-Electric and China Three Gorges South Asia Investment Ltd (CSAIL) have signed a memorandum of understanding (MoU) to explore renewable energy projects, including hydro, across the country, including Azad Jammu and Kashmir.
Pakistani authorities renewed the tender to develop a 600 MW solar project in Punjab. The government directed the potential solar developers to submit their proposals until October 31, 2023.
Hyderabad: The University of Sindh Jamshoro Campus is ready to shift to solar energy. The university's management has decided to transform the entire electrical system of the university to solar power.
Thar Deep, a social welfare organization, installed a 5kv solar system at Benazir District Schools Sakrand and Qazi Ahmad.
Pakistan Railways is all set to optimize its expenses in the challenging economic condition of the country by shifting its operations to solar energy.