A new report says solar-plus-energy storage will become an attractive investment option for commercial consumers in India as early as 2023 for electricity bill reduction. For high-tariff paying residential consumers, the system will reach grid parity post-2027. The report findings are based on the levelized cost analysis of solar-plus-energy storage systems for consumers in the Indian State of Tamil Nadu.
The PV mounting system was developed by Germany-based Goldbeck and will initially be available in the Netherlands from 2022. The company will test the new technology in a 45 MW PV project.
The captive solar plant will quadruple Mahindra & Mahindra’s renewable energy share from 12% to 56% in Maharashtra. It shall be developed by ReNew Power arm on a build-own-operate basis.
According to a new report, India’s commercial and industrial sector will increase its rooftop solar deployments by 47% year-on-year, with bifacials and large-size high-wattage modules offering cost-effective support for reducing electricity costs.
The acquisition is in line with the Hyderabad-based corporate solar developer’s plan to ramp up. For Norwegian developer Statkraft, the selloff is part of its strategic plan to exit the distributed solar segment in India and focus on developing large-scale projects.
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
With this, the GMR Hyderabad International Airport now has an aggregate 10 MW solar capacity operational for captive use.
Saudi scientists have tested several cooling technologies for solar panels and have found that active techniques work better than passive ones under harsh climatic conditions. The most effective one consists of a system based on four heat pipes immersed in a box of liquid, as liquid bulk, integrated with the back of the solar panel.
The Mumbai-headquartered solar developer and EPC company is targeting a portfolio of 1+ GW by 2022, with growth fueled by an increased interest in commercial and industrial open-access segment.
The Mumbai-headquartered commercial and industrial solar solutions provider has divested its entire stake (51%) in the 24 MW operational PV assets for INR 41.60 crore.