CleanMax to develop 45.9 MW solar-wind project under PPA with Bangalore International Airport Ltd
Clean Max Enviro Energy Solutions (CleanMax) will develop a 45.9 MW solar-wind power project for consumption by Bangalore International Airport Ltd (BIAL).
Rooftop solar’s success results in ‘struggling’ large-scale segment in Australia
As rooftop solar racks up records in Australia, price cannibalization has resulted in a “struggling” large-scale market segment. Bruce Mountain, head of the University of Victoria’s Energy Policy Centre, says that increasingly depressed wholesale electricity prices during the day are squeezing out big PV.
India needs INR 30 lakh crore investment during FY 2024-30 to meet its COP Climate Pledges: IREDA CMD
The investment is required in building capacities across solar, hydro, wind, and waste-to-energy sectors, green hydrogen (including electrolyzers), batteries, and transmission.
Corporate PPAs hit record high in 2023, says BloombergNEF
BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.
Cleantech Solar commissions 24 MWp off-site PV projects in Maharashtra
The solar projects will supply power to customers across automotive, pharmaceutical, cement, industrial equipment, and chemical sectors.
Nxtra to procure 140 GWh of renewable energy for its data centres
AmpIn Energy and Amplus Energy will set up solar and wind power plants of 48 MW DC and 24.3 MW, respectively, for consumption by Nxtra’s data centres in Tamil Nadu, Uttar Pradesh, and Odisha.
Tata Power Renewable Energy signs PDA with Tata Communications for 18.75 MW AC solar plant
Tata Power Renewable Energy will develop an 18.75 MW AC solar plant for consumption by Tata Communications.
Canada’s SPARQ Systems enters PV microinverters partnership with Jio
Canada-based microinverter company SPARQ Systems has entered into a partnership agreement with JioThings, a fully owned subsidiary of Jio Platforms Ltd. of Reliance Industries, to supply the Indian conglomerate with PV microinverters.
ALMM mandate reimposed: What it means
The ALMM mandate reimposed from April 1, 2024 provides relief for solar developers with advanced progress in development and with expected commissioning post-March 31, 2024. It also allows exemption for open access-based and captive solar projects, enabling these projects to source modules from the most cost-competitive sources.
Research finds agrivoltaics have payback time of less than five years in Portugal
A group of researchers from the University of Lisboa and the Military Academy reported on the viability of agrivoltaics in Portugal. It found that spaced rows of PV modules combined with shadow-friendly crops had the most promising return and a payback period of less than five years.
