Financing implementation of solar energy solutions in the Pacific Island countries
The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.
Apraava Energy secures renewable energy transmission projects in Rajasthan
The projects are part of the evacuation scheme for 20 GW of renewable energy generation in Rajasthan to the national grid.
Mitigating supply chain challenges for solar projects
Since July, the solar market has seen a stark drop in module prices. Forecasts indicate a price increase in the coming months. This uncertainty has cast a shadow on the growth of renewable energy assets in India.
Tata Power secures PPAs for 350 MW of solar projects
Tata Power Renewable Energy Ltd will develop 200 MW and 150 MW solar projects for power supply to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The projects will be located in Maharashtra.
SECI tenders 1.5 GW of renewables with storage
Solar Energy Corp. of India Ltd has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on September 15.
India to emerge as global renewable energy powerhouse, says power minister
The nation is also set to emerge as one of the largest solar module manufacturers. It has considerable existing solar manufacturing capacity and is constructing even larger capacities, including polysilicon.
Juniper Green Energy crosses 1.2 GW renewables milestone
Juniper Green Energy has crossed 1.2 GW of renewable energy generation capacity (800 MW operating and 435 MW under construction) with power purchase agreements and letters of award secured in recent months.
Brookfield, Reliance Industries sign MoU for solar panel, battery storage production in Australia
Brookfield and Reliance have signed a memorandum of understanding to explore the production of solar panels, long-duration battery storage, and other renewable energy equipment in Australia.
Algeria’s Sonelgaz reveals prequalified bidders for 2 GW solar tender
Sonelgaz, Algeria’s state-owned utility, is seeking proposals to build 15 solar plants in 11 locations. The projects will range in size from 80 MW to 220 MW.
NTPC secures letter of award for 550 MW solar project
NTPC Renewable Energy Ltd has secured the letter of award from REC Power Development and Consultancy (RECPDCL) to develop a 550 MW solar project. It won this project at a tariff of INR 2.56 ($0.031)/kWh through competitive bidding in the RECPDCL auction.
