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Installations

Renew Power to build 500 MW of open-access renewable energy project for RackBank data center

The Haryana-based developer will construct, own, and operate up to 500 MW of hybrid renewable energy generation capacity to meet the requirements of RackBank’s hyper-scale data center. 

EverSource-backed GreenCell to deploy 3,250 electric buses in three years

The company will initially launch 750 electric buses across key intercity and inter-state transit routes in Southern and Western India. To support the e-bus rollout, it is also building a captive charging infrastructure network across highways with 600 DC chargers of 180/240 kW capacity rating.

Local solar will lead the energy transformation over the next five years 

The adoption of local, community-based energy solutions like rooftop solar and batteries can help make the energy grid more flexible and reliable. Home solar and batteries will enable the growth of ‘prosumers’ who produce and share energy, as well as consume it.

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Foreign investors tapping into India’s solar market undeterred by untimely payments

Full ownership allowed in renewable energy projects and 25-year power purchase agreement are the major factors drawing foreign investors to India’s high-growth solar market. Major developers in India have solar portfolio distributed across States, which further minimizes the risk for investors.

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Meyer Burger plans to launch solar PV roof tiles in 2022

The Swiss group has acquired an integrated solar roof system solution from an unidentified German engineering service provider for this purpose. The aim is grow this sector from a niche market.

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Canada’s OMERS Infrastructure to buy 19.4% stake in Azure Power

The transaction expands Canadian pension plan’s investment in clean energy, consistent with its long-term strategy to increase footprint in this growing sector.

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India offers fastest energy payback on silicon solar rooftop systems

The energy payback time of a silicon PV rooftop system mounted in India is only 0.44 of one year (160.6 days), compared to 0.53-0.67 year in Africa, 1-1.3 years in Europe, and 1.42 years in Canada, reveals a world map by German research body the Fraunhofer Institute of Solar Energy Systems (ISE). For the calculation, the report authors considered the installation used a typical, Chinese-made, 60-cell, PERC, 19.9%-efficient solar module.

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Madhya Pradesh tenders 225 MW of solar under PM KUSUM

Developers have until August 31 to bid for grid-connected solar installation under the Scheme that allows farmers to set up PV power plants on their uncultivable land and benefit from selling the generated power to the State Discoms.

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Residential PV makes EVs cheaper, reduces emissions

The maintenance cost of an electric vehicle is estimated to be significantly lower than internal combustion engines, and studies show home solar furthers the cost savings and boosts carbon emission reductions.

Amp Energy India raises US$ 100 million from Danish investor

Copenhagen Infrastructure Partners and Amp Energy have signed a US$200 million investment pact with each partner committing to $100 million. The investment will allow Amp Energy to add 1.7 GWp of utility-scale and commercial and industrial renewable energy projects.

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