Irena fleshes out chilling effect of Covid on off-grid solar
The clean power numbers published annually by the International Renewable Energy Agency provide a snapshot of the global solar market and, this year, a lot of figures were unchanged from the previous dataset, especially in the off-grid segment.
ReNew Power selects Librestream’s augmented reality-enabled remote collaboration solution
Librestream’s Onsight solution provides a fully-collaborative environment between remote experts and field technicians, helping to resolve issues at the solar plants quickly and remotely.
Madhya Pradesh renewable energy capacity grew 32-fold in 12 years
The State has reached 5,152 MW of installed renewable energy capacity, including 2,444 MW of wind, 2,490 MW solar, 119 MW biomass, and 99 MW small hydropower.
GUVNL seeks 1 GW of solar power
Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender to procure up to 500 MW of solar power from non-park-based PV projects and an additional 500 MW under the Greenshoe option. Bidding closes on May 18.
THDC, Rajasthan government sign agreement for 10GW of solar parks
The State-run hydropower producer will develop 10 GW of solar park capacity in Rajasthan through a joint venture with Rajasthan Renewable Energy Limited (RRECL).
Bangladeshi fabrics maker invests in 100 MW solar plant
The solar park will sell power to the Bangladesh Power Development Board at a price of $0.1195/kWh under a 20-year power purchase agreement.
BlackRock, Mubadala to invest in Tata Power Renewables
Tata Power has raised INR 4,000 crore (US$ 525 million) from a consortium led by the world’s largest fund manager BlackRock Real Assets and Abu Dhabi sovereign wealth fund Mubadala Investment Company to fund the growth of its renewable energy business.
Durgapur Projects tenders 20MW solar EPC at its thermal power plant
The state-owned integrated power utility has invited bids to install and commission a cumulative 20MW of ground-mounted, grid-connected solar capacity at its thermal power plant in Durgapur, West Bengal. Bidding closes on May 14.
India may miss 2022 solar target of 100GW by 27%
A new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA) says India is likely to miss its ‘100GW by 2022’ solar target by about 27GW, mainly due to the underwhelming growth of rooftop solar. While utility-scale solar is on track to achieve nearly 97% of the 60GW installed capacity targeted by 2022, rooftop solar will be 25GW short of the 40GW mark.
APAC to lead global battery storage market, clock 68% share by 2026
The global battery energy storage market will grow to $10.84 billion in 2026, with around two-thirds of the demand concentrated in the Asia Pacific region.
