India again ranked the world’s most attractive solar market by Ernst & Young
The nation maintained the highest score of 62.7 for solar in the latest edition of Ernst & Young’s renewables attractiveness index. It ranked third for overall renewable energy investment.
IREDA amends 5 GW solar tender
The Indian Renewable Energy Development Agency has extended the bidding to May 31 and amended the ceiling tariff, maximum viability gap funding, and commissioning timeline for the solar projects.
Solar-plus-storage to produce hydrogen from seawater
Spanish PV project developer Gransolar is planning to build a large-scale green hydrogen production plant in the Port of Almería, in southern Spain.
India’s utility-scale solar installations fell by 39% in FY2021
During the fiscal year 2020-21, India installed utility-scale solar projects amounting to 3.5 GW, about 39% less year-on-year.
Ciel & Terre completes India’s largest floating solar plant
The 14.7 MWp project, developed for Southern Petrochemical Industries Corporation (SPIC) Limited, uses an aggregate 37,632 number of 390Wp PV panels and spans an area of 15.6 hectares.
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.
