Avaada, BluPine Energy, Hinduja Renewable Energy, KPI Green and NRC Industries have emerged winners in Gujarat Urja Vikas Nigam Ltd’s tender for 500 MW of grid-connected solar with greenshoe option of additional 500 MW.
NTPC Vidyut Vyapar Nigam Ltd has launched the tender to select channel partners for installation of grid-connected solar PV projects under PM Surya Ghar: Muft Bijli Yojna in Maharashtra.
HomeScape by Amplus Solar customers can secure State Bank of India (SBI) loans of up to INR 200,000 for residential solar installations up to 3 kW and INR 600,000 for installations up to 10 kW.
BluPine Energy will set up a 61.65 MW solar plant in Chhattisgarh for consumption by APL Apollo Building Products and other offtakers.
Sembcorp Green Hydrogen, an arm of Sembcorp Industries, has signed a term sheet with Sojitz Corp. and Kyushu Electric for the supply of green ammonia produced in India to Japanese off-takers. Sembcorp will utilise renewable energy to produce an initial 200,000 metric tonnes per annum of green ammonia in India.
The winning developers will set up grid-connected hybrid wind-solar power projects on a build-own-operate basis. The projects may be setup anywhere in India.
China Green Development Group has switched on the 3.5 GW Midong solar project in Urumqi, China’s Xinjiang region. The project required an investment of CNY 15.45 billion ($2.13 billion).
A regional grid would allow the region to share excess renewable energy and facilitate the importing of renewable energy to meet domestic decarbonization goals in economies with limited renewable resources.
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.
Clean Energy Associates released a summary of the seven solar module trade policies and solar panel import tariffs currently in place, including AD/CVD rulings, Section 201/302, and the Uyghur Protection Act. These tariffs have significantly increased, or will increase, the cost of hardware imports into the United states – predominantly from China, but not exclusively – by 91% to 286%.
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