Mahindra & Mahindra forms a new solar subsidiary
Mahindra & Mahindra has incorporated Emergent Solren as a wholly-owned subsidiary of its arm Mahindra Holdings.
Tata Power awarded 150 MW solar project in Maharashtra
Tata Power Renewable Energy Ltd has secured the letter of award to build a 150 MW solar project in the Solapur district. The project was awarded by Maharashtra State Electricity Distribution Corp. Ltd.
PTC India’s call for 1 GW hybrid wind-solar power receives offers for 3.5 GW
The power trading solution provider’s call for expression of interest to supply 1 GW of hybrid wind-solar power received a response from 14 renewable energy developers, including domestic as well as international players.
Key factors when choosing an automated cleaning system for utility scale PV
Automating utility-scale solar facilities is now a standard consideration of independent power producers (IPPs), with robotics representing a relatively small portion of total investment. Despite this, offers from technology suppliers should be thoroughly scrutinized, as wrong choices can pose a significant risk to a power generation asset that is expected to last 25 years or more.
State Bank of India signs €150 million solar loan agreement with Germany’s KfW
The State Bank of India (SBI) has signed the agreement with KfW Development Bank for availing a second low-interest loan of €150 million. It will use the amount to finance solar farms with outputs between 50 and 250 MW.
Most new solar panels retain 80% production after 30 years
A five-year Sandia Labs study on solar module degradation shows that 13 out of 23 tested module types have effective lifetimes exceeding 30 years.
Serentica Renewables secures $400 million from US investor KKR
Currently, Serentica Renewables is developing 1.5 GW of solar and wind power projects for energy-intensive industries in India. Over the medium-term, it aims to install 5 GW of clean energy capacity, coupled with different storage technologies. The investment from KKR will support its industrial decarbonization projects.
India needs $300 billion to meet 2030 target of 500 GW non-fossil energy capacity
A new report by Arthur D. Little presents an integrated blueprint for India to achieve its true potential in the power sector with a focus on renewables.
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).
New standardized guidelines for solar O&M
IEA-PVPS has standardized guidelines for O&M programs for large-scale solar plants. It defines O&M performance indicators and standard O&M operator services, as well as tools to analyze PV plant performance and safety.
