5.3 GW of Floating Solar Projects under various stages of development in India
5.3 GW of Floating Solar Projects under various stages of development in India Last week, Uttar Pradesh Cabinet cleared 150 MW floating solar plant on Rihand dam. It will be the biggest such plant in India and is expected to be commissioned by May 2020. ReNew got 100 MW while Shapoorji Pallonji got 50 MW at a tariff of INR 3.36/ unit. With increasing land acquisition problems for utility-scale solar, floating solar plants make a good business case for developers.…