With foreign exchange shortages plaguing sub-Saharan African economies, Bank One’s Head of Trade, Gerald Ndosi, explains what measures can be taken to overcome US dollar liquidity challenges, promote trade finance, and foster sustainable economic growth in the region.
India installed 9.8 GW of utility-scale solar and 2.2 GW of rooftop PV capacity in the twelve months ending March 31, 2023.
Solar cities in Uttar Pradesh will host 1 kW solar trees with LED street lighting systems and 2.5 kW solar trees for the illumination of gardens and parks.
The state-run hydropower producer has issued a tender to select developers for the supply of 1.5 GW of firm and dispatchable power from renewable power projects with energy storage system. The projects can be located anywhere in India, provided these are connected to the interstate transmission system.
The National Solar Energy Federation of India (NSEFI) has been awarded special consultative status by United Nations Economic and Social Council (ECOSOC).
Tamil Nadu will need to add around 32 GW of solar energy capacity (or 28 GW of wind) and retire most of the existing coal power plants in the next six years to meet its 2030 target of 50% renewables in the total power mix, according to a new report by Auroville Consulting. Tha analysts assumed no change in the state’s generation of nuclear energy and gas energy in this period.
The integrated power utility, which targets 5 GW of renewables capacity in the next five years, has been allotted 6,000 hectares of land to develop green hydrogen and renewable energy projects in Gujarat.
The rooftop solar project, implemented under the RESCO model, will meet 15% of IIT Jodhpur’s electricity requirements.
The researchers deposited reduced graphene oxide (rGO) and zinc oxide (ZnO) nanowires over seaweed cellulose to make the anode material for the supercapacitor. The device exhibited a greater energy density of 5.21 Wh/kg, a series resistance of 2.16 ohms, and no air degradation even after 5,000 cycles.
The developer won 200 MW solar capacity at a tariff of INR 2.75 ($0.034)/kWh with an additional 200 MW under green shoe option at INR 2.71 ($0.033)/kWh through competitive bidding followed by an e-reverse auction.
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