The Delhi-based Appellate Tribunal for Electricity (APTEL) has directed Tamil Nadu State Load Despatch Centre (TNSLDC) and The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to compensate developers at 75% of PPA tariff per kWh on solar curtailment.
Philippines-based AC Energy, which operates 150 MW AC ground-mount solar plants in India, is joining hands with Hong Kong-based solar developer NEFIN to develop, construct, and operate rooftop solar projects across Asia.
The Haryana-based developer will construct, own, and operate up to 500 MW of hybrid renewable energy generation capacity to meet the requirements of RackBank’s hyper-scale data center.
The company will initially launch 750 electric buses across key intercity and inter-state transit routes in Southern and Western India. To support the e-bus rollout, it is also building a captive charging infrastructure network across highways with 600 DC chargers of 180/240 kW capacity rating.
The adoption of local, community-based energy solutions like rooftop solar and batteries can help make the energy grid more flexible and reliable. Home solar and batteries will enable the growth of ‘prosumers’ who produce and share energy, as well as consume it.
Full ownership allowed in renewable energy projects and 25-year power purchase agreement are the major factors drawing foreign investors to India’s high-growth solar market. Major developers in India have solar portfolio distributed across States, which further minimizes the risk for investors.
The transaction expands Canadian pension plan’s investment in clean energy, consistent with its long-term strategy to increase footprint in this growing sector.
The energy payback time of a silicon PV rooftop system mounted in India is only 0.44 of one year (160.6 days), compared to 0.53-0.67 year in Africa, 1-1.3 years in Europe, and 1.42 years in Canada, reveals a world map by German research body the Fraunhofer Institute of Solar Energy Systems (ISE). For the calculation, the report authors considered the installation used a typical, Chinese-made, 60-cell, PERC, 19.9%-efficient solar module.
Developers have until August 31 to bid for grid-connected solar installation under the Scheme that allows farmers to set up PV power plants on their uncultivable land and benefit from selling the generated power to the State Discoms.
Australia-based Fortescue Future Industries has partnered with JSW Energy arm on green hydrogen production and application in India.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.