Italian homeowners can now install PV systems for free
The Italian government has raised the tax breaks it offers for building renovations and energy-requalification projects – potentially including storage-backed rooftop PV systems – to 110%. The new measure is part of the Relaunch Decree, which is a package of guidelines aimed at reviving the Italian economy in response to the Covid-19 crisis.
Solar tariffs below Rs 2.55/kWh financially unviable now, says Ieefa
To earn reasonable returns on solar projects, developers must factor in the various risks and correctly estimate the cost of every component before bidding.
India’s new solar capacity addition to fall by 23% in 2020
Capacity additions will, however, rebound in 2021 to exceed 2019 levels as the majority of delayed solar projects come online.
Odisha’s Konark sun temple and town to go 100% solar
The central government plans setting up of a 10 MW grid-connected solar project and various off-grid applications like solar trees and solar drinking water kiosks to meet all the energy requirements of Konark town.
Covid-19 impact: Acme Solar wants to abandon record-low solar price tariff
The developer wants to cancel the power purchase agreement it signed in 2018 for a 600 MW project awarded at a tariff of Rs2.44/kWh, as it fears Covid-19-affected commissioning of the project will stretch beyond the six-month extension from the scheduled date enshrined in the agreement.
Magenta Power bags rooftop solar project for Hindustan Aeronautics Limited
The electricity generated from the ‘Capex’ mode solar project shall be used to support the HAL office infrastructure. Commissioning period is three months.
Water scarcity and the growing need for smarter solutions in solar projects
The inefficiency and irregularity of cleaning the solar panels manually, and the associated use of water defeat the purpose of shifting to renewable energies.
Torrent Power sees opportunity of renewables-plus-gas based flexible generation
The integrated power producer, which has 138 MW of operational solar capacity and 2730 MW of state-of-the-art gas based power plants, sees opportunity of flexible generation to sell pooled round-the-clock power [renewable + gas] at competitive cost on a long-term basis.
Sterling and Wilson Solar bags Rs 2600-crore EPC order in Australia
In its largest order in Australia, the Indian multinational company has bagged Rs 2600-crore (AUD 525 million) EPC work along with Rs 415-crore (AUD 85 million) operations and maintenance job.
Bidding extended for BOS package of 735 MW Nokh solar project in Rajasthan
June 11 is the new deadline to bid for supply of the balance-of-system (BOS), installation and commissioning of 735 (3×245 MW) Nokh Solar Park project in Jaisalmer district.
