Avaada Energy secures $143 million SBI loan for solar project in Gujarat
Avaada Energy has secured about INR 1,190 crore ($143 million) as a 20-year project loan facility from State Bank of India (SBI). It will use the financing to support the development of its 400 MWp utility-scale solar PV power project in Gujarat.
New model shows how to power homes exclusively with hydrogen, solar, batteries
Researchers in Spain has found that combining PV power generation with fuel cells and battery storage may help homes considerably reduce their levelized cost of energy. Their simulation reportedly demonstrated homes may also become completely self-sufficient.
The Hydrogen Stream: Norway to make world’s biggest hydrogen ships
Norwegian Ship Design Co. has agreed to help build what it claims will be the two largest hydrogen ships in the world, while Norwegian Hydrogen has announced plans to team up with Australia’s Provaris Energy on hydrogen export opportunities.
SJVN launches 1.2 GW solar tender
SJVN is accepting bids to develop 1.2 GW of solar power projects, connected to the interstate transmission system, anywhere in India. Bidding closes on June 17.
ADB offers $121 million for 100 MW solar project in Bangladesh
The Asian Development Bank (ADB) says a new 100 MW solar project in Bangladesh will be the country’s first private sector utility-scale PV facility to secure ADB support.
Statcon Energiaa introduces 3 kW grid-tie solar inverter
Indian manufacturer Statcon Energiaa has introduced a single-phase grid-tie solar inverter with a power rating of 3 kW. The inverter is intended for residential and small office applications.
Schneider Electric launches new storage systems for microgrids
The France-based group said its has released two new BESSs with enclosures of 7ft and 20ft. Their power ranges from 60 kW to 500 kW.
Gstar working on 3 GW silicon wafer factory in Indonesia
Singapore-based Gstar Solar says it has broken ground on a new 3 GW silicon wafer factory in Indonesia, with production scheduled to start by the end of this year.
Scientist hails commercial feasibility of Saudi Arabian hydrogen city plan
Alberto Boretti was a senior research professor at Prince Mohammad Bin Fahd University in 2021 when he first started discussing the idea of a hydrogen city in Al Khobar, Saudi Arabia. The New Zealand-based independent tells pv magazine that it is now commercially feasible, as the city’s 200 MW of energy demand would necessitate 1 GW to 1.3 GW of solar and wind capacity, 509 MW to 997 MW of electrolysis capacity, and 145,000 MWh of hydrogen storage capacity.
NTPC tenders EPC package for 260 MW solar in Rajasthan
NTPC Renewable Energy Ltd has invited domestic bids to develop a 260 MW grid-connected solar PV project in the Bikaner district of Rajasthan. Bidding closes on June 6.
