SECI wraps up 2 GW solar tender with $0.032/kWh tariff
The winning developers can set up projects anywhere in India, as long as these are connected to the interstate transmission system (ISTS).
ReNew signs MoUs worth $7.8 billion for green energy projects
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
Avaada announces $2.44 billion REC funding for energy transition projects
Avaada has signed an agreement with REC for INR 20,000 crore (around $2.44 billion) investment to fund its multiple projects over the next five years.
SJVN secures PPAs for 200 MW solar, 100 MW wind
SJVN Green Energy will develop 200 MW of solar projects for power supply to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). It will also build a 100 MW wind plant under a power purchase agreement with Solar Energy Corp. of India Ltd (SECI).
NHPC tenders 200 MW solar EPC in Gujarat
NHPC is accepting bids to set up a 200 MW solar power project in the 600 MW solar park of Gujarat State Electricity Corp. Ltd (GSECL) at Khavda. Bidding closes on August 29.
Guatemala’s energy auction attracts 48 bidders
Guatemala’s latest energy auction has attracted 48 bidders for 235 MW of capacity. The auction has been oversubscribed, with more than 1 GW of project proposals submitted. The national regulator will announce the final results on Aug. 2.
Philippines allocates 1.97 GW of PV capacity in renewables auction
Through the procurement exercise, the GEA-BEAC allocated 1,870.8 MW of ground-mounted PV capacity and 90 MW of floating solar power. The selected developers will secure 20-year power purchase agreements.
JSW Energy targets 40 GWh/5 GW of storage capacity by 2030
JSW Energy targets to become a 20 GW power generation company along with 40 GWh/5 GW of energy storage by 2030. It is also investing in solar manufacturing and green hydrogen production.
India will add 45 GW of renewable energy capacity over next two fiscals, says CareEdge Ratings
India will install around 20-25 GW of new renewable energy capacity annually over the next two fiscals, driven by a healthy project pipeline and a strong bidding roadmap. The decline in solar module prices and one-year relaxation for the approved list of module manufacturers (ALMM) bode well for the capacity addition.
Assessing shading effect of cleaning robots in solar farms
Qatari researchers have looked at the degree to which cleaning robots reduce PV plants’ yield with the shade they produce on the panels. They found that module orientation has an enormous effect on the impact of shadow.
