In some of the world’s most hazardous locations, a resilient and autonomous common denominator is often found – solar energy. From offshore oil rigs to remote mine sites and the frontlines of conflict zones, solar power functions where others fail, and it does so without the need of refuelling or regular maintenance. But what makes solar such a ‘no-brainer’ that even the oil and gas industry must turn to it? And what other hazardous locations can be electrified with solar? Blake Matich reports.
Norway’s Yara International has agreed to buy 100,000 tonnes of green ammonia annually from Phase 1 of Acme and Scatec’s Omani project.
The United States and Israel have the opportunity to provide clean energy solutions for the 300 MW wind-solar project complemented by a battery energy storage system. United Arab Emirates-based companies will explore participation as knowledge and investment partner.
Tata Power arm TP Saurya has secured the letter of award to build a 600 MW wind-solar project in Karnataka. This project is the latest addition to the company’s hybrid power portfolio after winning a 300 MW capacity from Maharashtra State Electricity Distribution Company Ltd last year.
The solar industry will face elevated shipping costs and supply disruptions for at least another year until the global ocean freight system starts to normalize.
German researchers have looked at how vertical PV systems could provide more electricity during periods of higher demand, while enabling a higher level of integration with agricultural activities.
The nation may miss its 2030 target of 500 GW renewables capacity by over 104 GW under the current market trend.
Energy storage specialist Fluence has opened a technology center in Bengaluru, as part of its plans to localize production in India in the future.
The Indian renewable energy developer has refinanced its dollar-denominated bonds worth $525 million ahead of their maturity in 2024. The refinancing has slashed the interest cost by 200 basis points and pushed the maturity to the end of the fiscal year 2027.
The Delhi-based solar manufacturer has supplied 100 MW of modules to projects set up under the Ministry of New and Renewable Energy schemes mandating domestic content requirement (DCR).
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