ISMT to set up 70 MW solar plant for self-consumption
ISMT Ltd, a Pune-headquartered seamless steel tube manufacturer, will set up the 70 MW DC captive solar plant with an investment of up to INR 305 crore ($37.1 million).
Fourth Partner Energy to develop rooftop solar projects for Decathlon suppliers in Bangladesh
India’s Fourth Partner Energy will execute rooftop solar projects at the sites of Decathlon’s suppliers in Bangladesh. It targets 15 MW across 12-15 facilities by December 2023 in Phase 1.
PCM-based thermal battery to store solar power via heat pump
Norway’s SINTEF has designed a heat storage system based on phase change materials (PCM) that can support PV generation and peak shaving. The battery’s container hosts 3 tons of liquid biowax based on vegetable oil and is now beating performance expectations at a pilot facility.
Jindal Steel and Power signs 1 GW carbon-free energy deal with Greenko
Greenko will assist Jindal Steel and Power in the design and development of the associated renewable energy capacity, and identification of potential strategic investors for the RE capacity. It will also provide its pumped storage capacity currently under development in Madhya Pradesh and Rajasthan.
Global installed PV capacity could hit 260 GW in 2022
The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) estimates that 173.5 GW of new solar capacity was installed in 2021, and that figure might rise to 260 GW in 2022. pv magazine spoke with the co-chair of the European Solar Manufacturing Council to look into the figures.
WRI India hosts Accelerating Clean Energy 2022
On Day 1, industry experts discussed the role of states’ renewable energy agencies and strategies to accelerate the pace of energy transition in Indian cities.
ISA Assembly approves payment guarantee mechanism for solar projects in Africa
The fifth assembly of the International Solar Alliance (ISA) approved Solar Facility, a payment guarantee mechanism to mitigate risks associated with solar projects in Africa.
Wind, solar payback times under a year in some parts of world, says Rystad
Record energy prices, particularly in Europe, are driving demand for renewables and energy storage. That is changing the equation for utility solar and wind investment and shortening project payback times to under a year in some regions. Storage deployment, driven by recent policy developments around the world, is also expected to get a big boost through to 2030.
India expected to annually deploy 35-40 GW of renewables until FY2029-30 end
Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.
Tata Power to develop 7 MW solar project for Tata Motors
Tata Power will build the captive solar project for Tata Motors’ Pantnagar manufacturing facility in Uttarakhand.
