SJVN awarded 75 MW solar project in Uttar Pradesh
The State-owned hydropower producer will sell the electricity generated from the solar project to Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) under a 25-year power purchase agreement. Tariff is fixed at INR 2.68/kWh (US$0.037/kWh).
India again ranked the world’s most attractive solar market by Ernst & Young
The nation maintained the highest score of 62.7 for solar in the latest edition of Ernst & Young’s renewables attractiveness index. It ranked third for overall renewable energy investment.
IREDA amends 5 GW solar tender
The Indian Renewable Energy Development Agency has extended the bidding to May 31 and amended the ceiling tariff, maximum viability gap funding, and commissioning timeline for the solar projects.
Solar-plus-storage to produce hydrogen from seawater
Spanish PV project developer Gransolar is planning to build a large-scale green hydrogen production plant in the Port of Almería, in southern Spain.
India’s utility-scale solar installations fell by 39% in FY2021
During the fiscal year 2020-21, India installed utility-scale solar projects amounting to 3.5 GW, about 39% less year-on-year.
Adani Green to buy SB Energy’s 5 GW renewable portfolio in India
The Indian developer has agreed to acquire a 100% interest in SB Energy’s India renewable portfolio for approximately US$3.5 billion (INR 26,000 crore). The assets, totaling 4,954 MW, are spread across four Indian states.
IEA calls for annual additions of solar PV to reach 630 GW by 2030
According to the International Energy Agency, most of the global reductions in CO2 emissions between now and 2030 would come from technologies available today. In a recent report, the agency sets what it described as a “cost-effective and economically productive” pathway resulting in an energy economy “dominated by renewables like solar and wind.”
Renewables accounted for 64% of India’s electricity generation capacity addition in FY21
India added 7.7 GW of new renewable energy (RE) capacity in FY2020-21, out of which 5.5 GW (71%) came from solar (grid-scale and rooftop) alone. Overall power generation capacity addition for the year stood at 12.1 GW.
Vikram Solar commissions largest single-site PV project of Uttar Pradesh
Following a 140 MW solar capacity, the EPC contractor has commissioned an additional 85 MW for NTPC at Bilhaur in the Kanpur district. This takes the total project capacity to 225 MW, making it the State’s largest single-site PV plant.
‘Hydrogen as a universal climate solution might be a bit of false promise’
Hydrogen and hydrogen-based fuels will not be able to move forward fast enough to replace fossil fuels and tackle climate change, according to a German-Swiss research team that claims direct electrification alternatives are cheaper and easier to implement. The scientists cite too-high prices, short-term scarcity and long-term uncertainty, as the main reasons for their skepticism.
