Open-access solar installations up 68% in Q1 2023
India added 518 MW of new open-access solar capacity in the Jan.-March period of 2023, compared to 308 MW installed in the previous three months.
IH2A submits plan for $5 billion national green hydrogen hubs by 2030
Industry body India Hydrogen Alliance has submitted a plan to the government to build five large national green hydrogen corporations with a collective enterprise value of $5 billion by 2030. The plan shows public finance support, in the form of CAPEX and offtake incentives for National Green H2 Hubs, is crucial for creating financially viable green hydrogen infrastructure, especially in the initial 2024-30 period.
Princeton Digital, Tata Power sign solar deal for 48 MW Mumbai data center
Tata Power Renewable Energy will develop a solar project for captive consumption by Princeton Digital’s data center in Mumbai, Maharashtra. The project will be located in the Nanded district.
Serentica places EPC, product orders for 1.5 GW of renewable energy projects
Serentica Renewables has placed orders with renewable energy solutions providers like Amara Raja Power Systems, Envision, EverRenew, Jinko Solar, Rays Power, Sterling & Wilson, Siemens Gamesa, and Trina Solar.
KPI Green secures 40 MW wind-solar hybrid project
The Gujarat-based developer has secured the letter of intent from Anupam Rasayan India to build a 40 MW wind-solar hybrid project for captive consumption.
ReNew trims net loss to $61 million in FY 2023
ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.
PV-powered offgrid air conditioner for building applications
A British research team has investigated the technical feasibility of an air conditioning unit powered exclusively by solar-plus-storage and has found that two 130 Ah batteries charged by two 400 W solar panels are capable of supporting the system during the night.
Bangladesh introduces fiscal breaks for solar-powered water desalination
Bangladesh has introduced tax exemptions to reduce water production costs and promote the use of solar power in 19 coastal districts. This initiative comes in response to grid electricity shortages caused by a decline in coal and fuel imports. The goal is to enhance reliance on solar-powered water desalination in these areas.
NTPC’s 20 MW Gandhar solar project now fully operational
The 20 MW Gandhar solar project in Gujarat is now fully operational, with its second portion of 10 MW commissioned recently.
Global solar additions to hit 310 GW in 2024, says IEA
The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module prices, greater uptake of distributed PV systems, and a policy push for large-scale deployment.
