Batteries overtake pumped hydro in Australia’s National Electricity Market
Grid-scale battery storage systems have surpassed the charging capacity of pumped hydro in Australia’s national grid, following the recent completion of two new battery projects, totaling 150 MW.
Brazil imported 7.8 GW of solar modules in H1
Brazilian consultancy Greener says that Brazil imported 7.8 GW of solar modules in the first half of this year, down 21% year on year. However, it says a reduction in distributors’ inventories and module prices could drive up cost competitiveness in the second half.
L&T selects Sungrow inverter solution for 2.2 GW AC solar plant in Saudi Arabia
Sungrow will supply its 1+X modular inverter solution to the 2.2 GW AC solar plant of the NEOM green hydrogen project. The PV plant is being executed by Larsen & Toubro on an EPC basis.
ONGC to spend $12 billion on green initiatives by 2030
The state-run explorer Oil and Natural Gas Corp. Ltd (ONGC) aims to achieve an installed renewable energy (RE) capacity of 10 GW by 2030 and 1 million tonnes per annum capacity of green ammonia production as part of its efforts to reduce its carbon footprint.
SJVN tenders BOS package for 275 MW solar
SJVN Green Energy Ltd (SGEL) has invited bids to install and commission 275 MW (AC) of grid-connected solar projects, including 200 MW at Khavda Solar Park (Gujarat) and 75 MW at Jamui (Bihar). The solar modules for both projects will be supplied by SGEL.
Hail-prone areas may require solar modules with 4 mm-thick front glass
New research from India claims solar modules with 3.2 mm-thick front glass may not be strong enough to withstand storms producing big hailstones. The scientists found that a front glass of at least 4 mm should be used to avoid significant damage.
Airtouch Solar launches cleaning robot solution for utility scale PV
Airtouch Solar Group has launched a cleaning solution for utility-scale solar PV plants to provide autonomous, water-free panel surface cleaning. The 4-meter cleaning unit weighs less than 40 kg and is commonly utilized in arid and dusty locations.
Tata Power profit grows to INR 1,141 crore in Q1 FY24
Tata Power’s profit after tax (net profit) grew 29% year-on-year to INR 1,141 crore ($137.6 million) in the April-May-June period of FY 2023-24. Consolidated revenue stood at INR 15,003 crore.
Hinduja Renewables wins 80 MW of Omkareshwar floating solar project
Hinduja Renewables won 80 MW by quoting a tariff of INR 3.89 ($0.047)/kWh in the second phase of the 600 MW floating solar park.
What is a carbon credit market?
When one company captures a unit of carbon from the atmosphere using some green technology (this process is called carbon sequestration), it can generate a carbon offset. Other companies can then purchase that carbon offset to reduce their carbon footprint.
