The Bangladesh Power Development Board (BPDB) has approved plans to build a 50 MW solar project in northwestern Bangladesh. The installation will sell power to the BPDB under a 20-year power purchase agreement (PPA) at a rate of $0.098/kWh.
The state-owned hydropower producer has secured a second 90 MW capacity of the Omkareshwar floating solar project in Madhya Pradesh after winning an equivalent capacity in January. It secured the latest project at INR 3.79 ($0.046)/kWh.
Sungrow will supply its 1+X modular inverter solution to the 2.2 GW AC solar plant of the NEOM green hydrogen project. The PV plant is being executed by Larsen & Toubro on an EPC basis.
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 2,600 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 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.
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’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 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.
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.
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