Developers have until Dec. 12 to bid to set up a cumulative 1.2 GW of wind-solar-storage hybrid capacity on a build-own-operate basis, anywhere in India.
ABC Cleantech, a part of Axis Energy Group, will invest around $6 billion (INR 50,000 crore) to build a green hydrogen and ammonia plant, integrated with 5 GW of renewable energy capacity, in the Indian state of Karnataka.
Haryana-based Sunsure Energy installed the 74 MWp open-access solar plant on a turnkey basis. The project is its largest single-site installation yet, and takes its cumulative installed PV capacity to 250 MWp across India.
Gas Authority of India Ltd (GAIL), a state-owned natural gas company, has signed a deal with Abu Dhabi National Oil Co. to explore collaboration opportunities in renewables and new energy projects.
India-based Solavio has developed Eco Bot portable and shareable robotic cleaning solution that is compatible with both ground-mount and rooftop PV installations.
A US research team claims to have demonstrated that increasing the spacing of solar panels between rows improves PV system efficiency and economics by allowing airflow to cool down the modules. The method could improve a project’s LCOE by as much as 2.15% in certain climates.
The integrated power company has recorded a profit of INR 935 crore ($113.4 million) in the July-August-September period of the fiscal year 2022-23. This is 85% up from INR 506 crore in the same period a year earlier.
Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price levels and compares it to the LCOE of solar PV and wind.
The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.
Gujarat Urja Vikas Nigam Ltd (GUVNL) has launched a tender to procure up to 500 MW of solar power from non-park-based PV projects to be set up anywhere in India with greenshoe option of additional up to 500 MW. Bidding closes on November 28.
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