Rays Power Infra switches on 275 MW DC solar plant in Bangladesh
Rajasthan-based Rays Power Infra has switched on Bangladesh’s largest solar power plant of 275 MW DC. It completed the project within the scheduled timeline of 14 months.
Adani Green Energy buys 50% stake in Rajasthan-based solar park developer
The developer’s arm Adani Renewable Energy Holding Two has signed a deal to acquire a 50% stake in Essel Saurya Urja Co. of Rajasthan Ltd (ESUCRL) from Essel Infraprojects Ltd, for INR 15 crore. The remaining 50% equity of ESUCRL will continue to be held by the Government of Rajasthan.
Emerging investment opportunities in India’s renewable energy sector
Corporate decarbonization, value chain integration, wind-solar hybrid projects, battery energy storage, offshore wind, green hydrogen, and value-added offerings such as energy-as-a-service are key trends and technologies shaping up India’s renewable energy sector and offering ample scope for investments.
Swiss startup makes first attempt to deploy solar on railways
Swiss startup Sun-Ways has developed a patented solution under which it directly rolls out solar modules between railway tracks like a carpet. The panels can be removed at any time for maintenance work.
Amara Raja selects Nextracker for NTPC’s 306 MWp Nokh solar power plant
Nextracker will supply its optimized bifacial tracker solution for NTPC’s 306 MWp solar plant in Rajasthan. Amara Raja is executing the plant on a turnkey basis.
Cooling solar modules with vacuum pressure
Scientists in Indonesia have developed a vacuum technique to lower the temperature of PV modules below the ambient air temperature. They applied it to a solar module in a casing that is resistant to negative pressure.
India installed about 14 GW of solar in 2022
India installed 13,956 MW of new solar capacity from January to December. This included 11.3 GW of utility-scale PV, about 1.9 GW rooftop, and nearly 700 MW off-grid/distributed.
REC commits $123 million for renewable energy projects in Madhya Pradesh
The state-owned non-banking finance company has signed a memorandum of understanding with Rewa Ultra Mega Solar Ltd (RUMSL) to provide INR 1,000 crore ($123 million) for the development of renewable energy parks and associated infrastructure in Madhya Pradesh.
Madhya Pradesh to launch three new floating solar projects soon
The state will launch three floating solar projects worth INR 7,500 crore ($919 million). The new projects will be in addition to a 600 MW plant currently under development at Omkareshwar reservoir.
Japan’s MUFG Bank extends INR 450 crore credit facility to Tata Power
The Japanese bank has extended INR 450 crore sustainable trade finance facility for Tata Power’s 220 MW of solar projects in Gujarat and Maharashtra.
