CleanTechies
  • Home
  • Articles
    • Clean Transportation
    • Energy Efficiency
    • Green Building
    • Renewable Energy
    • Recycling & Waste
    • Water & Conservation
  • Contact
    • Editorial
      • General Inquiries
      • Article Submission
    • Advertising
      • Advertising & Sponsorship
      • Guidelines
      • Media Kit
  • Are you a CleanTechie?

CleanTechies

  • Home
  • Articles
    • Clean Transportation
    • Energy Efficiency
    • Green Building
    • Renewable Energy
    • Recycling & Waste
    • Water & Conservation
  • Contact
    • Editorial
      • General Inquiries
      • Article Submission
    • Advertising
      • Advertising & Sponsorship
      • Guidelines
      • Media Kit
  • Are you a CleanTechie?
Tag:

Lightsource

Lightsource Eyes At Least 1 GW Solar Power Capacity In India

Lightsource Eyes At Least 1 GW Solar Power Capacity In India

written by saurabh

UK-based Lightsource has come out with plans to set up large-scale solar power projects in the budding solar power market of India over the next few years.

Talking to Indian media outlets, Lightsource Renewable Energy Ltd Managing Director and Head India Operations Rupesh Agarwal said that his company is looking to invest Rs 6,500 crore (US$960 million) over the next 2-3 years in India to set up at least 1 GW solar power capacity.

Lightsource had recently secured rights to develop 50 MW solar power project through competitive bidding in Maharashtra.

During Indian Prime Minister Narendra Modi’s 2015 visit to the UK, Lightsource had signed an agreement to invest US$3 billion to set up 3 GW solar power capacity in India over the next few years.

Rupesh Agarwal also stated that 1 GW is the minimum that the company is looking to develop in India but can increase this capacity based on the auctions being conducted by various states and the central government.



November 28, 2016 0 comment
0 Facebook Twitter Google + Pinterest
India Auctions 450 MW Solar Capacity Under Capital Cost Support Scheme

India Auctions 450 MW Solar Capacity Under Capital Cost Support Scheme

written by saurabh

Solar Energy Corporation of India has auctioned another batch of projects under the Viability Gap Funding scheme.

A total of 450 MW solar power capacity was auctioned by the Solar Energy Corporation of India (SECI) in the western state of Maharashtra. The auction took placed under the Viability Gap Fund (VGF) program wherein bidders quote minimum capital cost support they would need to set up the power projects.

In the current auction, tariff was fixed at Rs 4.43/kWh (US¢6.6/kWh) with power purchase agreement with SECI for a period of 25 years. A total of seven companies were allocated capacity between 10 MW and 130 MW.

The lowest bid was placed by a company names Vijay Printing Press which secured a 10 MW project at a tariff bid of Rs 4.42/kWh and did not sought any financial support. All other winners secured projects at the fixed tariff of Rs 4.43/kWh and sought capital cost support between US$28,503/MW and US$29,988/MW.

The largest capacity, of 130 MW, was secured by a company named Solar Edge Power and Energy at US$28,503/MW. Interestingly, two foreign companies also secured large capacities. UK-based Lightsource won rights to develop 50 MW capacity while Canadian Solar will develop 80 MW capacity.

Lightsource had announced last year that it will invest in India’s solar power market following an agreement signed by the company with the Indian government. The company had announced plans to set up 3 GW of solar power capacity at a total investment of $3 billion.



September 26, 2016 0 comment
0 Facebook Twitter Google + Pinterest

UK Waste Treatment Plant Now Powered With Solar Energy

written by Walter Wang

A waste treatment plant in Waterbeach, UK, is now being powered mostly with solar energy. Lightsource Renewable Energy Limited and Solarcentury have jointly developed the photovoltaic (PV) 5MW project that will provide 70 percent of AmeyCespa’s Mechanical Biological Treatment plant in the small village in the region of Cambridgeshire.

Continue Reading


September 21, 2012 0 comment
0 Facebook Twitter Google + Pinterest

CleanTechnica.TV

Listen to CleanTech Talk

CleanTech Talk

Free CleanTechnica Newsletters

CleanTechnica's main newsletter (daily)

CleanTechnica's EV newsletter

CleanTechnica's wind newsletter

CleanTechnica's solar newsletter

CleanTechnica's weekly newsletter

Support Our Work

CleanTechnica Clothing & Cups

Recent CleanTechie Bios

Amy McMorrow Hunter

Keith Allen

Tom Scheel

Patrick Corcoran

Christine Bennett

Mike Casey

Henk Rogers

JB Straubel

Lynn Jurich

Matt Moroney

Kyle Field

Paul Francis

Chelsea Harder

Griff Jurgens

Scott Cooney

The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by, and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.


Back To Top