Floating solar needs new technical standards

SECI recently completed auction for India’s first large-scale floating solar plant. The 50 MW project at Rihand dam in Uttar Pradesh was won by Shapoorji Pallonji with a bid of INR 3.29/ kWh. The winning tariff is about 10% higher than observed in respective ground-mounted auctions. Floating solar is still in nascent stages of development in India with installed capacity of just 2.7 MW at present…

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