Princeton Digital, Tata Power sign solar deal for 48 MW Mumbai data center
Tata Power Renewable Energy will develop a solar project for captive consumption by Princeton Digital’s data center in Mumbai, Maharashtra. The project will be located in the Nanded district.
Serentica places EPC, product orders for 1.5 GW of renewable energy projects
Serentica Renewables has placed orders with renewable energy solutions providers like Amara Raja Power Systems, Envision, EverRenew, Jinko Solar, Rays Power, Sterling & Wilson, Siemens Gamesa, and Trina Solar.
Global solar additions to hit 310 GW in 2024, says IEA
The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module prices, greater uptake of distributed PV systems, and a policy push for large-scale deployment.
CleanMax raises $360 million from Brookfield
The solar and wind project developer said the fund raised from Brookfield Renewable will support its growth plans of becoming a 5 GW+ platform over the next three to four years.
India installed 485 MW of rooftop solar capacity in Q1 2023
India reached a cumulative installed rooftop solar capacity of 9.3 GW as of March 31, 2023, with the addition of 485 MW in Q1 2023.
Global investment in clean energy nearly doubles that of fossil fuels
For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.
India to add 20 GW of renewable energy capacity in FY2024, says ICRA
ICRA expects India to add 16 GW of solar power generation capacity, 2 GW of wind and another 2 GW from hybrid projects in FY2023-24.
India added 1.9 GW of solar capacity in Q1 2023, says Mercom
The solar capacity addition in the Jan.-March period was 30% less than 2.7 GW installed in the previous quarter.
Biofuels vs. solar electricity for urban mobility
Solar electricity will have to compete with biofuels in the urban mobility landscape. Biofuels, however, have a very low energy productivity per hectare, as well as high requirements for fertilizers, pesticides, and water.
Telecom operators applaud move to allow load aggregation for green energy access
The latest amendment to the Electricity Rules, 2023 (Promoting Renewable Energy Through Green Energy Open Access) allows the telecom sector to aggregate the electricity consumption of telecom sites in order to avail renewable energy under the open access route.
