The Lucknow Solar Power Development Corporation (LSPDCL) has floated a tender seeking consultancy firm to establish a project management unit to assist in the implementation, execution, and monitoring of both operational and future solar power projects/solar parks. The last date for submitting bids is April 18, 2024. Bids will be opened the next day. LSPDCL was established in 2015 as a collaborative venture between the Solar Energy Corporation of India and the Uttar Pradesh New and Renewable Energy Development Agency. Its primary aim is to strategize, develop, operate, and uphold solar parks in Uttar Pradesh.
Grid Corporation of Odisha has invited bids to procure 500 MW (2,500 MWh) of energy storage capacity with 5 hours of daily peak power support for a period of five years starting April 1, 2026. The energy storage network, which can be technology-agnostic, must be connected to the central or state transmission network. The last date to submit bids is April 23, 2024. The minimum bid size is 250 MWh (50 MW x 5 hours), while the maximum is capped at 1,250 MWh (250 MW x 5 hours). The bidders’ net worth should be greater than or equal to ₹10 million (~$1,219,512)/MW of the quoted capacity on average for the last three financial years.
India’s power system must safely and successfully accelerate the adoption of Distributed Energy Resources (DER) such as solar, storage, and electric vehicles for it to meet its climate and energy goals, the U.S.-based National Renewable Energy Laboratory (NREL) has said. Increased DER integration will curb the country’s emissions and lower customers’ costs, improve system reliability, and present economic opportunities for India’s private sector. At the same time, more DERs mean the state utilities that manage India’s grid must grapple with the potential impacts, such as voltage violations and demand shifts, that DERs may have on the country’s medium- and low-voltage distribution networks.
JSW Renewable Energy, a subsidiary of JSW Neo Energy Limited and a step-down subsidiary of JSW Energy, has expanded its renewable energy portfolio with the ₹1.32 billion (~$ $15.8 million) acquisition of the 45 MW Vashpet wind project from Reliance Power. The company said this transaction has been executed as a going concern on a slump sale basis. The project is located in the Jath region of Sangli District, Maharashtra. JSW Energy’s acquisition of the wind project aligns with its renewable energy expansion plans. With a target of achieving 20 GW capacity before FY 2030 and carbon neutrality by FY 2050, this transaction will help the company advance its renewables-led growth strategy.
Navi Mumbai Municipal Corporation has invited bids to develop a 100 MW floating solar project and a 1.5 MW hydroelectric project at Morbe Dam in the Raigad district of Maharashtra. The last day to submit the bids is April 2, 2024. Bids will be opened on the next day. Bidders must furnish an earnest money deposit of ₹25 million (~$300,128). The selected bidder must submit ₹325 million (~$3.9 million) as performance security. The declared capacity utilization factor for the floating solar project should not be less than 19% annually and not more than 30% for the hydroelectric project. The floating solar project will be implemented in 60 MW and 40 MW phases.
Haryana Renewable Energy Development Agency has awarded contracts to supply, install, and commission 24,484 solar water pumping systems under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan program. Companies that received contracts for more than 1,000 pumps each were Oswal Pumps (6,471), Shakti Pumps (4,573), AVI Appliances (3,360), Himalayan Solar (1,748), and Rotomag Motors and Controls (1,086). Alpex Solar also received contacts to commission 1,434 solar water pumps. The other winners who secured capacities of less than 1,000 solar pumps comprise 19 companies cumulatively accounting for 5,812 solar pumps.
Madhya Pradesh Jal Nigam (MPJN) has invited bids for consultancy services for 100 MW solar and 60 MW wind power projects under the group captive mechanism.
The consultancy assignment will last until one year after solar and wind power projects are commissioned.
The last day to submit the bids is April 24, 2024. Bids will be opened on April 26.
Bidders must submit a tender document cost of ₹5,000 (~$60) and an earnest money deposit of ₹50,000 (~$600).
The selected bidder must furnish 10% of the contract value as a performance bank guarantee.
The consultant should support regulatory affairs, project assessment, and execution for solar and wind projects. The scope of work involves navigating regulatory requirements, facilitating approvals, and assisting in forming generating companies under group captive regulations.
The consultant must also guide project planning, including land assessment for solar projects, optimizing project commissioning, and ensuring power evacuation suitability.
To execute the projects and manage the bidding process, the consultancy must support MPJN by assisting with requests for proposals, managing bidder queries, and overseeing contract documentation and project execution. The consultant’s role extends to providing digital energy monitoring and scheduling solutions to enhance efficiency and ensure successful project commissioning and operation.
Bidders should have experience of at least one consultancy assignment from any government entity for setting up and substantially completing a minimum 20 MW solar or 15 MW wind project under the open access mechanism. Substantial completion means at least 50% financial completion of the power project.
Bidders must have an average annual turnover of not less than ₹50 million (~$601,551) in the previous three financial years.
They must have a positive net worth in the financial year.
Last October, Madhya Pradesh Urja Vikas Nigam invited bids to set up 670 MW grid-connected solar power projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan.
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In the wake of the Inflation Reduction Act, a new analysis reveals a significant private sector response, multiplying government investments in clean energy nearly fivefold.
Syris Valentine reports for Grist.
In short:
- The private sector’s contribution of $5.47 for every government dollar has led to a surge in clean energy investment.
- Federal tax credits primarily fuel the $34 billion in government spending, with overall investments spanning various technologies.
- Despite substantial investment growth, experts caution that current levels may not suffice to meet the U.S.’s ambitious climate goals.
Key quote:
“It’s proving the value of the federal government taking the lead, putting in place policy that says, ‘This is the direction that we’re headed: supporting decarbonization, supporting clean energy.’”
— Hannah Hess, associate director of climate and energy at Rhodium Group
Why this matters:
The Inflation Reduction Act has catalyzed unprecedented investment in clean energy, underlining the federal government’s pivotal role in steering economic transitions toward sustainability. This movement signals a robust push towards decarbonization and energy innovation, crucial for meeting national and global climate targets.
After passage of the Inflation Reduction Act, those in the trenches working on climate mitigation, climate solutions, clean energy and climate justice began to feel optimistic about their goals.