The nation is going to make great strides in new utility-scale solar installation this year after adding just about 2.6 GW in 2020.
The solar panel-cleaning robot startup, which saw its sales jump 125 times last year, has thus far raised three levels of funding amounting to INR 2 crore from government bodies in India, Dubai, and Canada.
The new solar capacity addition during the third quarter of FY 2020-21 was way above 928 MW installed in the previous quarter (July-September).
The plant, situated in Tamil Nadu, is one of India’s largest group captive solar plants serving a single client. It is expected to generate over 120 million units of electricity annually.
The Indian automotive battery major has announced the setting up of a 50 MW solar power plant in Chittoor District of Andhra Pradesh. The plant—to be built at INR 220-crore investment—will help reduce the manufacturer’s carbon footprint while lowering its electricity bill. The firm, which has already set up a pilot plant facility for Lithium-ion cell development, is also mulling investments into energy storage for the renewables sector.
The development lender’s private-sector arm helped Indian commercial clean power company Continuum Green Energy raise $561 million to refinance its debts through the bond, on the Singapore exchange.
A group of scientists in Bangladesh has developed a model to determine the optimal cleaning schedule for a PV installation at any location in the globe, requiring only the average insolation and soiling rate for a given site to make the calculation. The study also draws new conclusions regarding the influence of sandstorms and rain on soiling, and aims to be among the first studies to paint a global picture of soiling trends by region.
The Gujarat-based solar developer has signed power supply agreements with nine different industrial customers for PV projects aggregating to 13.15 MW.
The developer has commissioned a 7.805 MW solar plant for Larsen & Toubro’s metro rail project in Hyderabad. Touted to be one of the largest behind-the-meter solar projects in India, the plant will supply electricity to the metro project’s 24 stations and two depots.
Bidders have until February 22 to lodge their interest to develop the ground-mount, grid-connected solar plant with net metering. Technical and commercials bids will open on February 23.
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