The investment will support Hero Future Energies in expanding its renewable energy capacity and capabilities across the solar, wind, battery storage, and green hydrogen technologies.
Paired Power said its new 5 kW solar canopy measures 3.2 meters x 5.2 meters x 3.7 meters and can host up to 10 bifacial solar panels. It can be used in on-grid or off-grid modes and can be paired with lithium-ion battery storage systems up to 40 kWh in size.
Almost half of the workers were employed in China, around 280,000 in North America, over 260,000 in Europe, and some 50,000 in Africa, according to a new report by the International Energy Agency (IEA). The vast majority of workers were employed in manufacturing and installation of new capacity, with solar jobs paying lower wage premiums than the nuclear, oil, and gas industries.
Jharkhand Renewable Energy Development Agency (JREDA) has invited bids to build a 2 MW grid-connected solar project on top of the Sikdiri Canal in the Ranchi district. Bidding closes on October 6.
Mahindra Group has agreed to sell a 30% equity stake in Mahindra Susten to the Ontario Teachers’ Pension Plan for around $300 million. The two parties have also agreed to set up an infrastructure investment trust so Mahindra Susten can strengthen its solar, hybrid energy, and integrated storage businesses, as well as its round-the-clock green energy plants.
In May 2018, India’s Ministry of New and Renewable Energy adopted the National Wind-Solar Hybrid Policy. Though paltry when it comes to offering incentives or preferential treatment to solar-wind-hybrid (SWH) projects, the policy aims to enable more SWH projects to efficiently utilize transmission infrastructure and land, as well as reducing variability in renewable generation and thus improving grid stability.
UPL, a Mumbai-based sustainable agricultural solutions provider, will commission a 61.05 MW captive wind-solar project in a joint venture with developer CleanMax. The project will be located in Gujarat.
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