KPI Global signs power supply agreements for 13.15 MW solar projects
The Gujarat-based solar developer has signed power supply agreements with nine different industrial customers for PV projects aggregating to 13.15 MW.
Amp Energy India powers L&T Metro Rail Hyderabad with solar
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.
Agartala airport to get 2 MW solar plant
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.
6.4 GW solar auction concludes with lowest price of INR 2.47/kWh
The Andhra Pradesh solar auction was oversubscribed by 8.5 GW, but the final prices are significantly higher than the INR 1.99-2.00/kWh record-low tariffs discovered in recent auctions.
Flexible heat pumps ideal for power grids congested by solar and wind
Dutch transmission system operator Tennet, which also serves Germany, is planning to create flexible electricity demand and reduce grid congestion by promoting the use of smarter heating systems and heat pumps that can also be powered by solar and wind energy. According to its experts, intelligent control of heat pumps may result in the creation of between 0.5 and 1 GW of temporary grid flexibility by 2030.
Tesla sharpens focus on solar
In an earnings call this week, Tesla CEO Elon Musk boldly claimed that the company will soon be “the market leader in solar.”
Solar system prices to rise – then fall – in 2021, with another record year anticipated
IHS Markit is predicting the world will add 30% more solar capacity this year.
Corporate renewables purchases hit record 23.7 GW in 2020
The growth of the global renewables sector in 2020, despite the negative impact of the pandemic, underscores how companies are prioritizing sustainability, BloombergNEF says in a new report.
World could add up to 194 GW of solar this year
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
IFC says green recovery could drive $2.5tn renewables market this decade
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
