Adani Green to buy SB Energy’s 5 GW renewable portfolio in India
The Indian developer has agreed to acquire a 100% interest in SB Energy’s India renewable portfolio for approximately US$3.5 billion (INR 26,000 crore). The assets, totaling 4,954 MW, are spread across four Indian states.
IEA calls for annual additions of solar PV to reach 630 GW by 2030
According to the International Energy Agency, most of the global reductions in CO2 emissions between now and 2030 would come from technologies available today. In a recent report, the agency sets what it described as a “cost-effective and economically productive” pathway resulting in an energy economy “dominated by renewables like solar and wind.”
Rooftop solar uptake in India: Challenges and way forward
Poor and piecemeal implementation of net metering policies is a major roadblock for the uptake of rooftop solar system in India, according to a new report by Asian Development Bank.
Uttar Pradesh tenders 106 MW of solar under KUSUM program
Solar power generators have until June 15 to bid for the development of projects on a build-own-operate basis. The ceiling tariff payable for the electricity generated has been fixed at INR 3.10/kWh.
Renewables accounted for 64% of India’s electricity generation capacity addition in FY21
India added 7.7 GW of new renewable energy (RE) capacity in FY2020-21, out of which 5.5 GW (71%) came from solar (grid-scale and rooftop) alone. Overall power generation capacity addition for the year stood at 12.1 GW.
Odisha tenders 500 MW of farmland solar under KUSUM program
Solar power generators have until June 22 to bid for the development of projects, on a build-own-operate basis. The ceiling tariff payable for the electricity generated has been fixed at INR3.08 INR/kWh in the tender.
Vikram Solar commissions largest single-site PV project of Uttar Pradesh
Following a 140 MW solar capacity, the EPC contractor has commissioned an additional 85 MW for NTPC at Bilhaur in the Kanpur district. This takes the total project capacity to 225 MW, making it the State’s largest single-site PV plant.
‘Hydrogen as a universal climate solution might be a bit of false promise’
Hydrogen and hydrogen-based fuels will not be able to move forward fast enough to replace fossil fuels and tackle climate change, according to a German-Swiss research team that claims direct electrification alternatives are cheaper and easier to implement. The scientists cite too-high prices, short-term scarcity and long-term uncertainty, as the main reasons for their skepticism.
New tech to identify best locations for floating PV
Norway’s Glint Solar and the Norwegian Geotechnical Institute have developed an algorithm that is able to automatically calculate wave heights and wind directions at potential locations for floating PV arrays. It considers the geometry of the water surface as well as 40 years of data on wind conditions.
Bidding extended for 75 MW solar project in Uttar Pradesh
Developers now have until May 18 to bid for setting up the capacity in the Uttar Pradesh Solar Park. Technical bid shall be opened on May 19.
