Sterling and Wilson wins 300 MW solar EPC project from NTPC
Sterling and Wilson Renewable Energy Ltd has secured its third solar EPC contract from NTPC REL in Khavda RE Power Park of Gujarat. The contract price, including three-year operation and maintenance, would be INR 1,535 crore (around $185 million).
Brookfield, Axis form second JV to develop renewable energy projects
Brookfield and Axis Energy Ventures had earlier formed a joint venture platform ABC Renewables to develop renewable energy projects. The latest JV will have up to $845 million of equity investment by Brookfield.
Panasonic introduces half-cut HJT residential solar modules
Panasonic unveiled its new residential solar modules – including half-cut heterojunction (HJT) models, along with a home battery system and energy management device – at the recent RE+ trade show in Las Vegas.
France allocates 1.5 GW in ground mounted PV tender
The French government has awarded 129 projects an average price of €0.0824 ($0.0868)/kWh in its latest ground-mounted tender. This represents the largest capacity since the beginning of the tender series held by the French authorities.
Tata Power to set up 41 MW solar plant for 4.3 GW PV cell, module fab
Tata Power Renewable Energy Ltd will set up a 41 MW solar plant to power TP Solar’s upcoming 4.3 GW PV cell and module fab in Tamil Nadu.
NTPC, ONGC to collaborate for renewable energy projects
NTPC Green Energy Ltd and Oil and Natural Gas Corp. Ltd (ONGC) have signed an agreement to collaborate in various areas of renewable energy (including energy storage, green hydrogen and its derivatives) in India and overseas.
India’s green hydrogen will be the cheapest in the world: Power minister
Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
Vertical agrivoltaics to reduce PV curtailment, increase water efficiency
An international research group has analyzed a vertical bifacial agrivoltaics system in a drought-stricken part of Chile. They say that the solar array can improve water efficiency for crop irrigation, while the vertical system configuration optimizes PV power generation throughout the day, minimizing curtailment.
India needs $15 trillion to achieve net zero by 2070, says FICCI-Deloitte report
To decarbonize the grid, India needs to add 40-50 GW of grid-scale renewable energy (solar and wind) capacity every year for the next few decades and phase out coal.
Serentica secures INR 3,000 crore from REC
The debt funding from REC will support Serentica in developing its 560 MW of wind and solar capacities in the state of Karnataka.
