Installations

Scientists in the United Kingdom have proposed using orbiting solar reflectors to enhance the electricity yield of terrestrial solar power plants. They claim this new technology may be particularly beneficial for improving generation at dusk and dawn, when irradiance is lower.

Oil India has sought consultancy services for establishing 100 MW or above solar PV and wind energy power plants in any state in India. Applications can be submitted till June 27.

Sunfolding’s new TopoTrack rows are reportedly 10 times shorter than traditional trackers, and they can provide 20 degrees of variation between trackers, thus improving slope tolerance between rows.

US-based Ecoflow has announced the commercialization of a balcony solar device with a portable power station for residential applications.

The solar and wind project developer said the fund raised from Brookfield Renewable will support its growth plans of becoming a 5 GW+ platform over the next three to four years.

While more financiers are committing to limiting capital for fossil fuel, their oil and gas sector borrowers in the Asia Pacific region still adopt a wait-and-see approach to new energy.

India reached a cumulative installed rooftop solar capacity of 9.3 GW as of March 31, 2023, with the addition of 485 MW in Q1 2023.

For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.

Larsen & Toubro (L&T) is set to begin constructing the renewable energy generation, storage, and grid infrastructure for the green hydrogen production facility in Saudi Arabia, as it has made significant progress from design to procurement.  

ICRA expects India to add 16 GW of solar power generation capacity, 2 GW of wind and another 2 GW from hybrid projects in FY2023-24.