ONGC to spend $12 billion on green initiatives by 2030
The state-run explorer Oil and Natural Gas Corp. Ltd (ONGC) aims to achieve an installed renewable energy (RE) capacity of 10 GW by 2030 and 1 million tonnes per annum capacity of green ammonia production as part of its efforts to reduce its carbon footprint.
Tata Power-DDL sourced 2.6 billion units of green power in FY 2023
Tata Power-DDL sourced 2,600 million units of green power from renewable sources such as solar, wind, hydro, and waste in FY 2022-23. With this, it scores a hat trick of Renewable Purchase Obligation (RPO) compliance.
SJVN tenders BOS package for 275 MW solar
SJVN Green Energy Ltd (SGEL) has invited bids to install and commission 275 MW (AC) of grid-connected solar projects, including 200 MW at Khavda Solar Park (Gujarat) and 75 MW at Jamui (Bihar). The solar modules for both projects will be supplied by SGEL.
Hail-prone areas may require solar modules with 4 mm-thick front glass
New research from India claims solar modules with 3.2 mm-thick front glass may not be strong enough to withstand storms producing big hailstones. The scientists found that a front glass of at least 4 mm should be used to avoid significant damage.
Tata Power profit grows to INR 1,141 crore in Q1 FY24
Tata Power’s profit after tax (net profit) grew 29% year-on-year to INR 1,141 crore ($137.6 million) in the April-May-June period of FY 2023-24. Consolidated revenue stood at INR 15,003 crore.
Hinduja Renewables wins 80 MW of Omkareshwar floating solar project
Hinduja Renewables won 80 MW by quoting a tariff of INR 3.89 ($0.047)/kWh in the second phase of the 600 MW floating solar park.
What is a carbon credit market?
When one company captures a unit of carbon from the atmosphere using some green technology (this process is called carbon sequestration), it can generate a carbon offset. Other companies can then purchase that carbon offset to reduce their carbon footprint.
Including flood, erosion hazards in solar project site selection
New research from Turkey shows the need for a more rigorous approach to PV site selection due to increasing hydrological extremes. The scientists claim that fixed-distance buffer zones are not sufficient to protect solar farms from flood and erosion hazards.
France aims for 48.1 GW of solar by 2030, 140 GW by 2050
The French government says it plans to install 48.1 GW of solar by 2030 and 140 GW by 2050. About 45 GW of the mid-century total will be generated via installations on wasteland, while 35 GW will come from rooftop installations.
NTPC wins 80 MW floating solar project in Madhya Pradesh
NTPC Renewable Energy Ltd (NTPC REL) will develop 80 MW of floating solar capacity at Omkareshwar Reservoir. The electricity generated will be supplied to state-owned electricity distribution companies in Madhya Pradesh.
