Prime minister Narendra Modi to lay foundation stone of 600 MW solar park in Jhansi
State-owned hydropower producer THDC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) will develop the solar park in the Jhansi district of Uttar Pradesh through a joint venture with an equity participation ratio of 74:26.
Chile wants to export solar energy to Asia via 15,000km submarine cable
The Antípodas project was announced by the Chilean government last week. It is aimed at taking advantage of the huge solar potential of the Atacama Desert, which is the world’s region with the highest solar radiation.
Oriano commissions 36 MWp ‘group captive’ solar project in Karnataka
The open-access solar project under group captive mode will supply power to one of the global pharmaceutical companies.
Virescent Renewable Energy Trust raises INR 2,150 crore of debt finance
Virescent Infrastructure shall use the proceeds primarily to refinance special-purpose vehicle (SPV) level debt and fund future acquisitions.
SJVN, Solarworld sign pact for 75 MW solar EPC in Uttar Pradesh
The PV project, located in Parasan Solar Park of the Jalaun District, benefits from a 25-year power purchase agreement with the Uttar Pradesh New and Renewable Energy Development Agency at a tariff of INR 2.68/kWh.
Hydropower producer SJVN to form solar and storage arm
The company’s board of directors have approved the formation of a wholly-owned subsidiary for solar PV, wind and hybrid power generation (including battery energy storage systems), green hydrogen, and other renewable energy ventures.
European consortium develops ways to couple heat pumps with solar panels
The Sun Horizon consortium has started to collect performance data on two pilot projects that combine heat pumps with solar systems using hybrid panels on homes in Riga, Latvia. The solution features a heat pump for space heating and domestic hot water and PVT panels to produce power for heating and domestic appliances, with excess power fed to the grid.
The long read: Nothing simple about solar O&M
New investors and technological complexity demand new approaches to O&M service provision, argues NovaSource’s Timo Moeller. With larger PV fleets and the ability to process the operational data of generation, pure-play O&M may continue to deliver on solar’s cost learning curve.
“450 GW by 2030 renewable energy target ambitious but achievable”
At the Renewable Leadership Summit 2021 held recently in New Delhi, Dinesh Jagdale, joint secretary, Ministry of New and Renewable Energy, also asserted the ministry is working on addressing stakeholders’ concerns to ensure the investments keep flowing into RE capacity expansion and equipment manufacturing. The Summit, organized by Solar Association, also saw Solis launch its new-generation PV plant monitoring platform and off-grid hybrid inverters.
Solar and wind power procurement options for commercial and industrial consumers
Solar, like wind, has evolved into a more viable bilateral arrangement business model as prices have decreased and favorable legislation has emerged. Due to significant technical advancements, the solar industry has overtaken wind and has emerged as the favored option.
