ABC Renewable signs 380 MW solar-wind PPA with SECI
With this power purchase agreement, ABC Renewable, a joint venture between Canadian asset manager Brookfield and clean energy firm Axis Energy Ventures India, has enhanced its RE portfolio to 1,080 MW comprising solar and solar-wind hybrid projects.
Financial feasibility of behind-the-meter solar-plus-storage in India
A new report says solar-plus-energy storage will become an attractive investment option for commercial consumers in India as early as 2023 for electricity bill reduction. For high-tariff paying residential consumers, the system will reach grid parity post-2027. The report findings are based on the levelized cost analysis of solar-plus-energy storage systems for consumers in the Indian State of Tamil Nadu.
Arc-shaped PV system for agrivoltaics from Germany
The PV mounting system was developed by Germany-based Goldbeck and will initially be available in the Netherlands from 2022. The company will test the new technology in a 45 MW PV project.
Mahindra & Mahindra adopting a 58 MWp solar plant for self-consumption
The captive solar plant will quadruple Mahindra & Mahindra’s renewable energy share from 12% to 56% in Maharashtra. It shall be developed by ReNew Power arm on a build-own-operate basis.
Commercial and industrial rooftops in India could deploy 1,875 MW of solar in 2021
According to a new report, India’s commercial and industrial sector will increase its rooftop solar deployments by 47% year-on-year, with bifacials and large-size high-wattage modules offering cost-effective support for reducing electricity costs.
Solar manufacturers warn of 12-18 months disruption for standalone products
Potential price rises of 14% for the solar home systems that are driving access to electricity in the world’s under-served regions could signal further arrested progress towards the UN goal of universal access by 2030.
Uttar Pradesh tenders 3 MW off-grid solar
The scope of work includes supply, erection, testing, commissioning, and five-year warranty maintenance of the standalone solar photovoltaic power generators. Bidding closes on August 2.
South Eastern Coalfields targets 142 MW solar in three years
The Coal India Limited arm plans a 40MW ground-mounted, grid-connected solar power plant initially as it eyes an overall 142 MW PV capacity in three years.
IndianOil to build India’s first green hydrogen plant
The state-run oil and gas major will set up a green hydrogen plant at its Mathura refinery in the Indian State of Uttar Pradesh. The green hydrogen will replace carbon-emitting fuels used in the refinery to process crude oil into value-added products such as petrol and diesel.
Prioritizing efficient plants in coal power dispatch could save INR 9,000 crore annually
A new report proposes a scenario that prioritizes efficiency over variable costs in India’s coal power dispatch mechanism. It goes on to estimate the efficiency improvements and cost savings achieved in this scenario.
