Large-scale solar + storage deployment is the main option left to avoid power shortages, as they can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar + storage auction results, with a record low price of INR 3.4/kWh, show that such deployment will be highly economical, says a new study from the University of California’s India Energy and Climate Center.
Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 236.35 crore and net profit of INR 28.16 crore for the first quarter of FY 2024-25.
Researchers in Malaysia have proposed a new approach to identify the optimal power sizing ratio to balance PV energy capture with inverter costs. The calibrated model is said to accurately reflect the relationship between inverter efficiency and real-world system behavior.
The adoption of smart technologies is reshaping the utilities industry, with a particular focus on smart grids. Smart grids leverage advanced sensors, Internet of Things (IoT) devices, and real-time data analytics to transform how electricity is generated, distributed, and consumed.
In its latest monthly column for pv magazine, IEA-PVPS provides a comprehensive overview of the state-of-the-art practices, best practices, and recommendations for managing reactive power amidst the growing integration of distributed energy resources (DERs). The article describes the regulatory frameworks and practical applications, underscoring the essential role of reactive power management in maintaining a stable and efficient power grid.
BluPine Energy has secured $28.6 million from a Tata Capital led banking consortium to finance its 75 MWp solar project in the Indian state of Chhattisgarh.
Even though fossil fuels still dominate global energy production at present, the movement for a changeover to cleaner forms of energy is building up. Renewables presently provide some 29 percent of all electricity generated; a figure bound to enormously rise in the next few years.
The integration of renewable energy in agriculture plays a significant role in combating climate change. It aligns with global efforts to transition towards sustainable practices and reduce environmental impact.
Tata Power Solar Systems has partnered with Bank of India to provide affordable and easy financing solutions for its customers looking to invest in rooftop solar or electric vehicle (EV) charging infrastructure.
In a new monthly column for pv magazine, the International Solar Energy Society (ISES) explains why potential trade disruptions in the global PV supply chain are substantially different from those related to coal, oil and gas.
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