Assam chief minister inaugurates Azure Power’s 90 MW solar project
The solar project, the largest in the state, will supply power to Assam Power Distribution Co. Ltd under a 25-year power purchase agreement.
Novel method to turn existing solar parks into agrivoltaic facilities
An international research team has developed a new methodology to increase levels of pollination at ground-mounted solar plants. It involves the development of new vegetated land cover below and around solar parks.
GUVNL tenders up to 1.5 GW of solar projects
Solar power generators have until August 23 to bid for setting up to 1.5 GW of grid-connected solar projects (including 750 MW under Greenshoe option) for power supply under a 25-year PPA.
Indian Railways tenders 2.6 GW of renewable power projects
REMC Limited unit of Indian Railways has invited bids to install 1 GW of renewable power projects, with or without storage, for round-the-clock power supply to different zonal railways. It has also tendered to install a cumulative 1.548 GW of land-based solar plants near the traction sub-stations across various zonal railways. The projects are to be developed on a build-own-operate basis.
Solar power costs continued to fall in 2021, despite rising panel prices
The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.
Acme, Scatec sign green ammonia sale agreement with Yara
Norway’s Yara International has agreed to buy 100,000 tonnes of green ammonia annually from Phase 1 of Acme and Scatec’s Omani project.
The stabilizing effect of vertical east-west oriented PV systems
German researchers have looked at how vertical PV systems could provide more electricity during periods of higher demand, while enabling a higher level of integration with agricultural activities.
India may miss 2030 renewables target by over 104 GW
The nation may miss its 2030 target of 500 GW renewables capacity by over 104 GW under the current market trend.
ReNew refinances dollar-denominated bonds worth $525 million
The Indian renewable energy developer has refinanced its dollar-denominated bonds worth $525 million ahead of their maturity in 2024. The refinancing has slashed the interest cost by 200 basis points and pushed the maturity to the end of the fiscal year 2027.
Tata Power commits INR 75,000 crore to renewables
Tata Power will invest more than INR 75,000 crore ($9.4 million) by the 2026-27 period to scale up its green businesses, including renewable energy generation and solar manufacturing.
