The solar plant in the Beed district will supply power to leading corporate customers under the captive structure.
India’s commercial and industrial solar sector added 501 MW of solar capacity in the January-March period of 2021, taking the cumulative C&I PV capacity to 10,485 MW as of March 31, 2021.
The Haryana-based developer will construct, own, and operate up to 500 MW of hybrid renewable energy generation capacity to meet the requirements of RackBank’s hyper-scale data center.
The energy payback time of a silicon PV rooftop system mounted in India is only 0.44 of one year (160.6 days), compared to 0.53-0.67 year in Africa, 1-1.3 years in Europe, and 1.42 years in Canada, reveals a world map by German research body the Fraunhofer Institute of Solar Energy Systems (ISE). For the calculation, the report authors considered the installation used a typical, Chinese-made, 60-cell, PERC, 19.9%-efficient solar module.
Copenhagen Infrastructure Partners and Amp Energy have signed a US$200 million investment pact with each partner committing to $100 million. The investment will allow Amp Energy to add 1.7 GWp of utility-scale and commercial and industrial renewable energy projects.
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.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.