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Commercial & Industrial PV

CleanMax commissions 400 MW wind-solar hybrid plant for C&I offtake

The 400 MW wind-solar plant, located in Gujarat, is purportedly India’s largest single hybrid project for offtake by the commercial and industrial (C&I) sector.

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JSW Energy targets 40 GWh/5 GW of storage capacity by 2030

JSW Energy targets to become a 20 GW power generation company along with 40 GWh/5 GW of energy storage by 2030. It is also investing in solar manufacturing and green hydrogen production.

Weekend Read: It’s time to get Sirius

In a bid to avoid costly grid augmentation, Spanish electric vehicle (EV) charger supplier Wallbox has designed a multi-layered energy intelligence solution – proving that necessity is the mother of invention.

Oriana Power looks to raise up to INR 60 crore through IPO

The Noida-based commercial and industrial solar developer will use the proceeds for working capital, ‘Resco mode’ project capex, and technology upgradation requirements.

Saatvik Green secures EPC contract for 12 MW rooftop solar

Saatvik Green Energy will build the 12 MW rooftop solar project for a steel conglomerate in Orissa. It will use 545 Wp mono PERC panels for the plant spanning 25,522 sq.m.   

India will add 45 GW of renewable energy capacity over next two fiscals, says CareEdge Ratings

India will install around 20-25 GW of new renewable energy capacity annually over the next two fiscals, driven by a healthy project pipeline and a strong bidding roadmap. The decline in solar module prices and one-year relaxation for the approved list of module manufacturers (ALMM) bode well for the capacity addition.

Solar module prices, auction volumes, and the outlook for capacity addition   

Timely scale-up in tendering activity and moderation in solar PV cell and module prices, if sustained, would support improvement in capacity addition in the renewable energy sector.

Japan’s 16th solar auction concludes with lowest bid of $0.065/kWh

Japan’s latest procurement exercise was open to PV projects above 250 kW in size. The lowest price came in at JPY 9 ($0.065)/kWh, with 119.7 MW of allocated capacity.

Integrating higher share of renewable energy in India’s power system

To increase the share of renewable energy, India needs to introduce demand-side measures like time-of-use tariffs, develop a well-connected national grid, deploy various energy storage options for grid balancing services, and convert its fossil-fuel-powered fleet to operate flexibly.

IFSCA and Climate Policy Initiative sign MoU on sustainable finance

The International Financial Services Centres Authority (IFSCA) and Climate Policy Initiative – India (CPI) have signed a Memorandum of Understanding to support the mobilization of sustainable finance in India.

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