A power system modeling study, jointly carried out by Lappeenranta-Lahti University of Technology (LUT) and Wärtsilä, explores the feasibility of a net-zero-emissions power system in India by 2050. It shows that an all-renewables power system, when paired with flexible generation technologies (thermal balancing power plants and energy storage), can improve the affordability of electricity while ensuring the reliability of system operations.
Coming up at Dobaspet town in Karnataka, this will be Emmvee’s second solar manufacturing investment in the Indian State after the existing 500 MW module plant.
India’s commercial and industrial solar segment saw just 332 MW of generation capacity added in the April-to-June period, compared to 501 MW in the first three months of the year, as lockdowns in multiple states slowed installation activity.
The Indian solar manufacturer has unveiled mono PERC half-cut-cell modules with output ranging from 375Wp to 410 Wp. The five-busbar modules can be used in all installations including off-grid, residential, commercial and industrial, and utility-scale.
The Mumbai-based renewable power producer has raised the long-term, non-recourse debt from the Indian Renewable Energy Development Agency Ltd (IREDA). It shall use the amount to finance its operating solar projects in Punjab, Andhra Pradesh, and Telangana.
Delhi Metro Rail Corporation Ltd (DMRC) has invited bids to set up a cumulative 2 MW of ‘RESCO mode’ rooftop solar capacity on the depot sheds at its various sites. Bidding closes on November 16.
The ratings agency expects the energy demand in FY 2021-22 to grow by 8-8.5%. While the increased energy demand will improve the thermal plant load factor (PLF) level, this sector outlook remains negative as the PLF level will remain below 60%.
Adani Green Energy has completed the acquisition of 5 GW of solar and wind assets from SB Energy India for $3.5 billion, marking the largest renewables M&A deal in the country. The acquisition swells Adani’s operational capacity by 46%.
First Solar has announced plans to establish a new 3.3 GW manufacturing facility in India. Representing an investment of $684 million, the move demonstrates the thin-film PV manufacturer’s confidence in India’s solar growth and the increasingly favorable policy environment for domestic solar PV production.
Domestic bids are invited to install a 40 MW solar power plant for captive consumption by South Eastern Coalfields Limited. The plant shall come up SECL land in the Surajpur District of Chhattisgarh. Bidding closes on October 15.
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