ONGC launches 1 GW wind-solar hybrid tender
ONGC, India’s largest crude oil and natural gas company, is accepting bids to set up 1 GW of co-located wind-solar hybrid power projects (500 MW solar plus 500 MW wind) for its captive consumption. Bidding closes on Oct. 23.
IndiGrid partners BII, Norfund, and Techno Electric to develop transmission projects in India
British International Investment and Norfund will invest in IndiGrid’s three inter-state transmission system projects currently under-construction. These projects are expected to support evacuation of 6 GW of renewable energy in the states of Madhya Pradesh and Maharashtra. Techno will co-develop two of these projects.
Philippines fast-tracks world’s largest solar park with green lane certificate
The Board of Investments of the Philippines has granted a green lane certificate to a solar project that is being touted as the largest in the world to date. The accreditation will facilitate easier approval and processing of permits.
India’s renewable energy storage capacity to surge 6 GW by fiscal 2028
Ratings agency Crisil expects India’s renewable energy (RE) storage capacity to surge 6 GW by fiscal 2028 driven by a healthy pipeline and government push towards renewables boosting adoption.
Distributed or utility-scale solar?
The choice between distributed and utility-scale solar often comes down to balancing these benefits based on the specific context, goals, and constraints of a project or region. In the Indian context, a balanced approach that leverages the strengths of both models is essential.
World’s highways could host 52.3 billion solar panels, say researchers
Researchers from the Chinese Academy of Sciences, Tsinghua University, Chinese Academy of Geosciences, and Columbia University have concluded that solar-covered highways could meet more than 60% of the world’s annual energy needs.
SECI allocates 500 MW solar at average price of $0.030/kWh
SAEL Industries, NTPC, and BluPine Energy have emerged winners in Solar Energy Corp. of India’s auction for 500 MW of interstate transmission system connected solar capacity.
GSECL secures PPA for 35 MW/57 MWh solar-plus-storage project
Gujarat State Electricity Corp. Ltd has secured a power purchase agreement with Gujarat Urja Vikas Nigam Ltd for its 35 MW solar PV with 57 MWh battery energy storage project.
Sterling and Wilson Renewable Energy secures 633 MW DC solar project in Rajasthan
Sterling and Wilson Renewable Energy has won a 400 MW AC (633 MW DC) solar PV project in the Indian state of Rajasthan. The total order value is INR 550+ crore.
Solar panels could raise value of houses by up to 7.1%
Using a range of machine-learning techniques, a group of scientists found that PV systems can significantly increase the value of a property in the United Kingdom. The analysis was based on property data from Zoopla, one of the leading providers of UK property listings, and price paid data sourced from the government’s Land Registry from 2012-2018.
