Coal power plants to thrive at 65% PLF despite surge in renewables
Strong operating cash flows will support credit profiles of private coal-based plants.
Asia leads the global race in renewables with investments rising at 23% annually
Asia’s wind and solar capacity has expanded exponentially at 35% per year since 2015, outpacing RE growth rate in other continents like Europe and North America.
Gensol, Matrix partnership wins EPC for NHPC’s green hydrogen mobility station in Kargil
Gensol Engineering will develop a grid-connected, ground-mounted solar plant to supply power to the hydrogen refueling station. Matrix Gas & Renewables Ltd will oversee the engineering, procurement, and commissioning of electrolysers.
California to use flexible appliances for renewable energy integration
California plans to shift 3 GW of load from dirtier, more expensive times of day to cleaner, less expensive times by setting flexible demand standards for many types of electric appliances. Global interest in California’s work is high, according to a state agency commissioner.
Malaysia launches 30 MW floating solar tender
Kuala Lumpur-based utility Tenaga Nasional Berhad (TNB) has started accepting applications for the development of a 30 MW (AC) floating PV plant at a reservoir in eastern Malaysia.
Sri Lanka launches 70 MW ground-mounted solar auction
Sri Lanka’s government-owned Ceylon Electricity Board (CEB) is inviting applications for the development of 1 MW to 5 MW ground-mounted solar projects – totaling 70 MW – with 20-year power purchase agreements (PPA).
Adani Electricity powered Mumbai with 100% renewables on Diwali
Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.
Saudi Arabia announces 3.7 GW solar tender
Saudi Power Procurement Co. (SPPC) has announced a request for qualification (RFQ) in relation to 3.7 GW of solar across four projects, as part of the fifth round of the Saudi Arabian government’s renewable energy tender program.
Uttar Pradesh to invite bids for 7 GW of solar power projects
The state will launch a tender for 4 GW of solar projects soon, with an additional 3 GW to be auctioned subsequently.
South East Asia sees renewed interest in utility scale floating solar
Indonesian president Joko Widodo inaugurated a 145 MW floating solar plant in Java this week, while module manufacturer Husaun Energy said it will supply 60 MW of heterojunction solar panels for Grow Energy’s Thailand floating PV projects.
