Tata Power is building a greenfield 4 GW solar cell and module factory in the Indian state of Tamil Nadu.
The solar project will supply power to Rajasthan Urja Vikas Nigam Ltd at a tariff of INR 2.62 ($0.032)/kWh.
The developer has reached either financial closure or binding term sheets for about 1.1 GW of this upcoming 3 GW solar and wind energy capacity.
A new report estimates India will reach annual green hydrogen demand of 2.85 million metric tons (MMT) by 2030 under the current policy and project momentum. To meet this demand, it will need 62 GW of additional renewable energy capacity, 29 GW of electrolyzer capacity, and 11 MMT per annum of ammonia infrastructure, which together represent an investment opportunity of at least $57 billion.
NREL researchers model viable pathways to supplying the estimated 60 TW of capacity required for decarbonization, and study the effect that disruptive solar technologies may have on deployment cost and market opportunity.
Researchers from Switzerland’s École Polytechnique Fédérale de Lausanne have unveiled a new solar dish plant design, while Plug Power has delivered its first electrolyzer system to Europe.
Researchers have defined a new machine learning-based methodology that reportedly reduces customer acquisition costs by about 15% or $0.07/Watt. It is based on an adapted version of the XGBoost algorithm and considers factors such as summer bills, household income, and homeowner’s age, among others.
Executive director Vikramadithya Gourineni told pv magazine their Telangana factory will produce lithium ferro phosphate (LFP) and nickel-manganese-cobalt (NMC) chemistry cells.
Tata Power recorded a revenue of INR 56,033 crore and a net profit of INR 3,810 crore in FY 2022-23.
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.
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