Nextracker opens R&D Center for Solar Excellence in Hyderabad
Nextracker’s Center for Solar Excellence (CFSE) in Hyderabad will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker installation, and training facilities encompassing the entire project lifecycle.
Power-generating breakwaters for floating photovoltaics
Scientists from Singapore have designed new floating breakwaters integrating wave energy converters that can be used to reduce the impact of waves on offshore PV systems. Their analysis showed that the wave energy systems can achieve the highest additional power output when the wavelength is shorter.
Avaada Group commits $12 billion to renewables, storage in Rajasthan
Avaada Group plans INR 1 lakh crore ($12 billion) investment to set up a 1.2 GW pumped hydro storage project, a 1 mtpa green ammonia project, a 1 GW wind power project, and a 10 GW solar power project in Rajasthan.
SJVN launches 1.5 GW/6 GWh renewables-plus-storage tender
SJVN has issued a tender to set up 1.5 GW of renewable energy projects backed with energy storage systems for assured peak supply of 6 GWh.
Three Adani portfolio companies join World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative
The Adani Mundra Cluster comprising Adani Enterprises Ltd (through its arm Adani New Industries Ltd), Adani Ports and Special Economic Zone Ltd (APSEZ), and Ambuja Cements Ltd joins an international community of 23 industrial clusters collaborating to advance decarbonization.
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.
