JSW Energy acquires O2 Power
JSW Energy Ltd has acquired O2 Power, a 4.7 GW renewable energy platform, at an enterprise value of INR 12,468 crore ($1.47 billion).
Gensol Engineering secures 276 MW DC solar EPC contract from NTPC
Gensol Engineering Ltd has secured engineering, procurement and construction (EPC), along with three-year operation and maintenance, of a 225 MW AC (276 MW DC) grid-connected solar PV project. The project will be located at GSECL Solar Park in Gujarat.
ReNew sells 300 MW solar asset in Rajasthan for $176 million
The 300 MW solar project, located in Jaisalmer, benefits from a 25-year power purchase agreement with Solar Energy Corp. India Ltd at INR 2.55/kWh. It has been operational for three years.
ACME Solar secures financing for 300 MW solar-wind hybrid project, wins 300 MW PV project
Acme Solar has secured INR 1,988 crore in term loan financing for the development and construction of a 300 MW solar-wind hybrid renewable energy project. It has also secured a 300 MW solar power project in a SECI auction (XVIII tranche).
Hydrogen energy: India’s path to a sustainable future
The widespread adoption of hydrogen energy has the potential to reduce India’s annual greenhouse gas emissions by 50 million tonnes by 2030. This transition will not only contribute significantly to global climate goals but also drive economic growth through job creation, increased energy security, and enhanced industrial competitiveness.
Bifacial perovskite solar can achieve bifaciality of 90% when tilted at 20 degrees
IIT Bombay researchers have shown that bifacial perovskite solar cells can achieve a 2% higher power conversion efficiency with a tilt angle of 20 degrees. They also developed a bifacial perovskite solar cell for applications in both tandem or single-junction PV devices.
Batteries set to drive rapid solar growth
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential solar growth.
SECI allocates 600 MW of solar at $0.036/kWh
Acme Solar, Adani Renewable Energy and ReNew have emerged winners in Solar Energy Corp. of India’s 1 GW solar tender.
Pumping underground water in the desert with PV, wind
Scientists have designed a system that combines solar panels, wind turbines, and battery storage to operate water pumping systems in Jordan. They simulated it under several scenarios in search of the optimal size.
SJVN Green Energy tenders 1,352 MW solar under PM KUSUM Scheme
SJVN Green Energy Ltd (SGEL) is accepting bids to develop 1,352 MW of grid-connected, ground-mounted PV projects under Component C of the PM-KUSUM Scheme.
