Global average solar LCOE stood at $0.044/kWh in 2023, says IRENA
The International Renewable Energy Agency (IRENA) says the result represents a 12% year-on-year decline. The figure has fallen 90% since the start of 2010.
Adani Green, TotalEnergies sign 1,150 MW AC joint venture agreement
As part of the joint venture, TotalEnergies invested $444 million for acquiring 50% stake in Adani Green Energy Ltd’s projects located at the world’s largest renewable energy plant in Khavda, Gujarat
NHPC, APGENCO sign JV agreement for renewables, pumped storage development
The joint venture company of NHPC and Andhra Pradesh Power Generation Corp. Ltd (APGENCO) will implement pumped hydro storage and renewable energy (solar and wind) projects in Andhra Pradesh in phases.
The hidden potential of green energy stocks
The green energy sector in India has been showing strong performance, and so are the green energy stocks. And everyone wants a piece of the pie.
SJVN signs MoUs for 8.1 GW of pumped storage, 505 MW floating solar in Maharashtra
SJVN Ltd has signed Memorandums of Understandings with the Government of Maharashtra to develop 8.1 GW of pumped storage projects and 505 MW floating solar projects in the state of Maharashtra.
New method to identify optimal floating PV sites
Researchers in Spain have created a novel method to select within a set of water bodies those where the investment in floating PV could be most beneficial. They combined geographic information systems, multi-criteria analysis, and intelligent optimization. The new approach reportedly results up to 8.4% better LCOE compared to conventional methods.
Rays Power Infra secures 600 kW/ 3,000 kWh vanadium redox flow battery project from NTPC
Rays Power Infra has been awarded a 600 kW/3,000 kWh vanadium redox flow battery project by NTPC for its R&D division NTPC Energy Technology Research Alliance (NETRA).
Hartek crosses 10 GW solar milestone
Hartek Group has surpassed 10 GW of solar projects across its power systems, transmission and distribution (T&D), and renewable EPC business units.
NTPC Green, MAHAPREIT partner on 10 GW of renewable energy projects
NTPC Green Energy Ltd and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) have agreed to form a joint venture company to undertake development of 10 GW of renewable energy parks and projects in Maharashtra or any other state of India.
Array Technologies unveils 77-degree solar tracker stow for hail protection
Array Technologies says it has developed a 77-degree solar tracker stow designed to protect solar assets from hail and high winds by responding to severe weather events.
