Ayana, NTPC win MSEDCL’s renewables-plus-storage tender
The tender for 250 MW of flexible and schedulable power from renewable sources with energy storage drew the lowest bid of INR 9 ($0.11)/kW.
US to deploy 30 GW/111 GWh of grid-scale energy storage by 2025
The US energy storage market hit an inflection point in 2020. The Energy Information Administration expects the deployment of grid-scale storage to pick up over the next three years.
NIIFL signs MoU on renewable energy projects in Tamil Nadu
National Investment and Infrastructure Fund Ltd (NIIFL) will support Tamil Nadu Infrastructure Development Board in identifying potential private-sector investment opportunities in various sectors including renewable energy.
NTPC switches on 162 MW solar in Tamil Nadu
The state-owned power producer has commissioned 162.27 MW of the 230 MW Ettayapuram solar PV project in the Thoothukudi district.
Sembcorp to deploy more than 400 MW of PV at coal facility in Bangladesh
Singapore’s Sembcorp plans to install several solar plants near 1.4 GW of coal power capacity that developers are now building in Bangladesh.
No funding for new coal in 2021
The renewable energy sector (solar and wind) recorded project finance deals worth INR 33,893 crore ($4,598 million) in 2021. No new project finance for coal was reported.
REC arm tenders 1.25 GW of ISTS solar projects
REC Power Development and Consultancy Ltd has invited global bids to develop 1.25 GW of solar projects on a build-own-operate basis in India. Bidding closes on December 26.
GAIL tenders 600 MW solar project in Gujarat
The state-owned natural gas company has started accepting domestic bids to install and commission 600 MW (AC) of solar capacity at Khavda Ultra Mega Solar Park. The prospective contractor will also provide ten years of comprehensive operation and maintenance for the PV plant.
Longi signs 1.3 GW solar module supply deal with L&T
The Chinese module maker will supply 1,292 MW of PV modules for Larsen & Toubro’s two solar EPC projects in Saudi Arabia.
Adani Green raises $200 million in Japanese Yen-denominated refinancing facility
The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.
