IREDA, IIFCL team up to finance renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) and India Infrastructure Finance Co. Ltd (IIFCL) will engage in co-lending and loan syndication for all categories of renewable energy projects.
Ghaziabad to be developed as Uttar Pradesh’s next solar city after Ayodhya
The city will meet 10% of its electricity requirements from solar power in four years.
US startup unveils pre-assembled residential solar canopy
Nevada-based World4Solar has designed HelioWing, a modular solar canopy that comes preconfigured and can be installed in just one day.
Uniper to build Germany’s largest PV plant
Uniper plans to power a green hydrogen production facility in the German state of Lower Saxony with 317 MW of solar.
ACWA Power to build 300 MW solar plant in Bangladesh
ACWA Power says it will build a 300 MW solar plant in Bangladesh to supply power to the Bangladesh Power Development Board (BPDB) at a rate of $0.1020/kWh.
Tata Power Renewable, Neosym sign PPA for 26 MW AC solar plant
Tata Power Renewable Energy Ltd will develop a 26 MW AC solar plant for consumption by Neosym Industry Ltd, a gray and S.G. iron casting manufacturer.
Ayana to develop 330 MW of renewable energy capacity for Hindalco
Ayana Renewable Power has signed an agreement with aluminum and copper manufacturer Hindalco for a round-the-clock supply of 100 MW RE power. It will develop 330 MW of solar and wind power generation capacity, backed with pumped hydro storage solutions from Greenko Energies, to supply carbon-free power to Hindalco.
Andhra Pradesh requires $10-15 billion to achieve green hydrogen capacity of 500 ktpa by 2030
Andhra Pradesh requires an estimated $10-15 billion to achieve 500 ktpa green hydrogen capacity by 2030. Around 70% of this investment will be needed to create renewable energy infrastructure such as solar and wind power generation plants, with the balance for electrolyzer capacity additions.
NTPC seeks 1.6 GW of bifacial PV modules for Gujarat solar project
NTPC Renewable Energy Ltd (NTPC REL) has invited bids to supply 1,584.6 MWp of DCR-compliant, crystalline silicon bifacial PV modules for its 1,255 MW Khavda Solar Project.
Large-scale solar LCOE fell 3% to $0.049/kWh in 2022, says IRENA
The International Renewable Energy Agency (IRENA) says that PV, onshore wind, concentrated solar power (CSP), bioenergy, and geothermal energy experienced substantial reductions in their levelized cost of electricity (LCOE) in 2022.
