Virtual power plants roll out across the U.S.
Virtual power plants (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.
Torrent Power allotted land for 3 GW of renewable energy projects in Gujarat
The integrated power utility, which targets 5 GW of renewables capacity in the next five years, has been allotted 6,000 hectares of land to develop green hydrogen and renewable energy projects in Gujarat.
Rapid growth in U.S. solar market requires new approaches to project delivery
The workforce and supply chain challenges faced by growing solar industry can be overcome through new partnerships and contracting approaches between EPCs and developers, according to a McKinsey report.
NTPC arm commissions 1 MW rooftop solar plant at IIT Jodhpur
The rooftop solar project, implemented under the RESCO model, will meet 15% of IIT Jodhpur’s electricity requirements.
Rapid shift to solar energy is key to enhancing MSME productivity and exports
The biggest incentive in pushing the rooftop solar projects in the micro, small and medium enterprises (MSMEs) is that it will bring a sizable part of India’s manufacturing under the green protocols. Additionally, it offers the micro-enterprises, which are jointly situated in the industrial clusters, an opportunity to unlock value by making use of their rooftops and vacant spaces for harnessing clean energy.
Avaada Energy gets LoI for 400 MW DC solar project from GUVNL
The developer won 200 MW solar capacity at a tariff of INR 2.75 ($0.034)/kWh with an additional 200 MW under green shoe option at INR 2.71 ($0.033)/kWh through competitive bidding followed by an e-reverse auction.
SJVN to build 5 GW of renewable energy projects in Maharashtra
The state-owned hydropower producer has signed a memorandum of understanding (MoU) with the Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects across hydro, pumped storage, wind, solar, hybrid, and green hydrogen technologies in Maharashtra.
Southeast Asia solar markets set for growth this year
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
Reviving stranded power plants better than investing in new thermal capacity
Strategic acquisitions and subsequent revival of stranded thermal power plants will better serve India’s short-term energy security needs than investing in new ones.
Ciel & Terre hits 1.5 GW floating PV pipeline
French floating PV specialist Ciel & Terre says it now has more than 1.5 GW of floating PV projects in the design phase or under construction. It has already completed 280 floating solar projects in more than 30 countries, totaling 820 MW.
