India

Torrent Power, ReNew Power, and Green Infra Wind Energy were amongst the winners.

It targets doubling natural gas share in energy mix to 15%.

This is under the reverse-auction mechanism.

It has also provided financial sanction for these projects.

20GW capacity was initially set as a 2022 target.

26 bidders submitted a total capacity of 3.3GW.

One of the major issues in solar power that is usually overlooked and is so fundamental to our life is water. Concentrated solar power (CSP) uses a whopping amount of water per MWh produced, totally driven by the need to cool the steam out of the turbine, key to achieving a good turbine efficiency and thus be able to generate as much electricity as possible.

If implemented, the provision will last for a period of 200 days.

Auctions worth 1.250MW were completed a week before December came to a close.

NTPC now operates 51.4GW of capacity.

No progress has been made on proposals to sell them out.

This was in an aggressive bid to slash its dependence on foreign firms.

Whilst the amount of solar tenders plunged 25% to just 300MW.

Project development has not been going smoothly as expected.

81% of utility scale solar tenders were tendered by public entities.

First projects will have around 1GW capacity.