Ayana Renewable Power has signed an agreement with aluminum and copper manufacturer Hindalco for a round-the-clock supply of 100 MW RE power. It will develop 330 MW of solar and wind power generation capacity, backed with pumped hydro storage solutions from Greenko Energies, to supply carbon-free power to Hindalco.
Andhra Pradesh requires an estimated $10-15 billion to achieve 500 ktpa green hydrogen capacity by 2030. Around 70% of this investment will be needed to create renewable energy infrastructure such as solar and wind power generation plants, with the balance for electrolyzer capacity additions.
Bila Solar – a Singapore-based developer of glassless, frameless PV modules – has announced plans to invest about $35 million to renovate a factory in Indianapolis, Indiana.
GCL Technology Holdings Limited reported strong revenue for the first half of 2023, while JA Solar says it will invest CNY 2.72 billion ($374.8 million) in 5 GW of N-type solar cell capacity in Vietnam.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
NTPC Renewable Energy Ltd (NTPC REL) has invited bids to supply 1,584.6 MWp of DCR-compliant, crystalline silicon bifacial PV modules for its 1,255 MW Khavda Solar Project.
The International Renewable Energy Agency (IRENA) says that PV, onshore wind, concentrated solar power (CSP), bioenergy, and geothermal energy experienced substantial reductions in their levelized cost of electricity (LCOE) in 2022.
NTPC and Oil India Ltd have signed a Memorandum of Understanding to explore collaboration in renewable energy, green hydrogen and other areas as they eye increased footprint in the renewable energy domain.
Despite major roadblocks, rooftop solar capacity additions in the country are growing fast, with nearly 2 GW already added in the four months ending July 31, 2023.
Tata Power Renewable Energy Ltd will set up a 28.125 MW AC (39.375 MW DC) solar plant in Maharashtra for consumption by Sanyo Special Steel Manufacturing India.
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