Rays Power Infra switches on 150 MW solar plant in Karnataka
Rajasthan-headquartered Rays Power Infra has commissioned a 150 MW (DC) solar plant in Raichur and Koppal, Karnataka.
Study finds 100% renewables would pay off within 6 years
New research from Stanford University researcher Mark Jacobson outlines how 145 countries could meet 100% of their business-as-usual energy needs with wind, water, solar and energy storage. The study finds that in all the countries considered, lower-cost energy and other benefits mean the required investment for transition is paid off within six years. The study also estimates that worldwide, such a transition would create 28 million more jobs than it lost.
World could install 250 GW of solar this year, claims Bloomberg analyst
Rob Barnett, a senior clean energy analyst for Bloomberg, forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.
India installed 8.4 GW of solar in H1
India is expected to install 20 GW of new solar capacity in 2022, according to JMK Research.
US to extend Investment Tax Credit for solar at 30% to 2032
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
TCIL to empanel rooftop solar installers
Telecommunications Consultants India Ltd has invited bids to install and commission rooftop solar systems as a back-end partner for its projects. The empanelled parties will set up PV systems of different capacities across various states of India. Bidding closes on August 8.
Rays Power switches on 50 MW open-access solar plant in Karnataka
The Rajasthan-headquartered solar developer has commissioned a 50 MW (AC) solar plant in Bennur village of the Belgaum district. The project uses 455 Wp to 595 Wp mono PERC monofacial PV modules.
Karnataka dairy producers tender 100 MW solar for self-consumption
The Karnataka Cooperative Milk Producers’ Federation Ltd (KMF) has invited bids to install a 100 MW (AC) ‘group captive’ solar plant for its own consumption and its member milk unions.
India may miss 2030 renewables target by over 104 GW
The nation may miss its 2030 target of 500 GW renewables capacity by over 104 GW under the current market trend.
Tata Power commits INR 75,000 crore to renewables
Tata Power will invest more than INR 75,000 crore ($9.4 million) by the 2026-27 period to scale up its green businesses, including renewable energy generation and solar manufacturing.
