Floating PV driving Odisha solar growth
The state, which is aiming to hit 2.2 GW of solar within two years, has received a Solar Energy Corporation of India proposal for 500 MW of floating project capacity even as it approves a 40 MW water-borne array put forward by the national solar body. The 500 MW suggested comes on top of a similar scale of floating PV planned across the state by public hydropower company NHPC.
Rajasthan could add 22.6 GW of new renewable energy capacity to the grid within a decade
The state—which has already installed an aggregate 9.6 GW of renewable energy capacity as of FY 2019-20 end—will add another 22.6 GW to the grid by the end of FY2029-30. Of the new RE addition, 18 GW will come from solar capacity.
Solar leaders call for overhaul to navigate Covid-19
Faced with raw material and labor shortages, solar manufacturers have stressed the need to find alternative supply chains and to push automation and internet of things applications on the factory floor to keep production running.
Fourth Partner raises US$16 million to fund 150 MW of new solar
The Hyderabad-based developer will use the funding from Swiss impact investor Symbiotics and Dutch banking majors Triodos and ASN to construct around 150 MW of new solar assets.
FAME II program backs more than 27,000 EVs
The second phase of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles program offers purchase incentives for electric and hybrid vehicles and also supports charging infrastructure.
Commercial solar rooftops dominate as India nears 6 GW
Bridge to India figures show dominance of Chinese inverters, which supplied almost 80% of installs from July last year to the end of June.
Gujarat extends bidding for 110 MW grid-connected solar and floats new 210 MW tender
Developers now have until September 23 to lodge bids for the 110 MW procurement round and can toss their hat into the ring for a new tender in the district of Jamnagar which closes on October 5.
NREL scientists estimate global potential of hydro-linked floating PV at up to 7.5 TW
The U.S. based researchers said linking solar with hydro in a full hybrid system configuration may result – at best – in the deployment of 7,593 GW for an estimated annual power generation of 10,616 TWh and a 20% reservoir coverage. And combining solar with hydro in this way brings further benefits, including improved system operation at different time scales, more opportunities for storage thanks to pumped hydro, increased utilization rates of transmission lines, reduced PV curtailment, and lower interconnection costs and water evaporation.
Mahindra & Mahindra cancels pact to sell solar arm
The company cited delay in sale completion of Neo Solren as the reason for the pact’s cancellation with CLP India. The subsidiary was formed to set up and operate solar plants in Telangana.
Green finance flows just one-tenth of the actual requirement
The tracked green finance for climate mitigation was an average Rs 124 thousand crore (US$19 billion) for FY 2017 and FY 2018, representing only about 10% of what the country required.
