BPCL to set up 1 GW renewable energy plant in Rajasthan
Bharat Petroleum Corp. Ltd, which targets 1 GW of renewable energy by 2025 and 10 GW by 2040, has signed an agreement with the government of Rajasthan to build a 1 GW renewable energy plant with an investment of INR 5,000 crore.
Storing renewables via regenerative braking in underground mines
Scientists in Austria have developed a long-term energy storage system that uses regenerative braking to adjust the descent speed of sand in mine shafts and generate electricity.
Rajasthan signs MoUs worth $14.85 billion for renewable energy, storage, and hydrogen projects
The State government has signed agreements for various giga-scale projects across renewable energy generation, solar manufacturing, pumped hydro storage, and green hydrogen.
Govt signs pact with Rajesh Exports for 5 GWh lithium-ion cell factory
The central government and the state government of Karnataka have signed an agreement with Bengaluru-headquartered Rajesh Exports to lend support and a tailormade incentive package for its 5 GWh lithium cell factory in Karnataka.
India can save $19.5 billion annually with shift from coal to clean power
India plans to add 76 GW of utility-scale solar and wind power by 2025. This will lead to annual savings of up to $19.5 billion from avoiding coal power, says a new report.
Larsen & Toubro wins 112.5 MW solar project in West Bengal
Larsen & Toubro will build a 112.5 MW solar power plant on an EPC (engineering, procurement and construction) basis in the southwestern part of West Bengal.
Himachal Pradesh targets 100% green energy by 2025
Solar projects aggregating to 500 MW are on the anvil. These projects are planned in the state during the fiscal year 2023-24.
Water jet tech to recover glass from end-of-life solar panels
Japan’s Shintora Kosan has developed a novel water jet technology to recover glass from end-of-life PV modules. It says it can pulverize the solar cells and the backsheets without damaging the glass.
REC commits INR 45,350 crore to 10 GW of renewables in Uttar Pradesh
The non-banking finance company, under the power ministry, has signed agreements to provide financial assistance of over INR 1 lakh crore ($12.3 billion) for various power and infrastructure projects in Uttar Pradesh. This includes INR 45,350 crore for 10 GW of renewable energy capacity addition.
Soiling – a multibillion-dollar issue
A new report by the International Energy Agency’s Photovoltaic Power Systems Programme (IEA-PVPS) estimates that lost revenue from PV module soiling amounts to more than €3 billion ($3.2 billion) per year – an amount that is only set to increase as PV systems grow larger and more efficient.
