Combining big floating solar with hydropower
Scientists in Bangladesh have evaluated how a 50 MW floating PV plant could be integrated with the 230 MW Karnafuli Hydroelectric Power Station, located at the Kaptai Dam on the Karnaphuli River. They found that the two energy sources can be perfectly optimized and that PV can compensate for the reservoir’s shortage of water storage during the winter season while hydropower can compensate for the poor yields of the floating array during the monsoon season.
Gravity-based renewable energy storage tower for grid-scale operations
Energy Vault secured $100 million in Series C funding for its EVx tower, which stores gravitational potential energy for grid dispatch.
India added 2,110 MW of solar in April-May-June period
Despite rising module prices and lockdown restrictions, the nation maintained its quarterly solar capacity installation above the 2 GW level in the second quarter.
ICRA assigns stable outlook to India’s renewable energy sector
The outlook is supported by a strong project pipeline, competitive tariffs, and continued policy support. The demand outlook for domestic solar module manufacturers also remains favorable.
In H1 2021, India met 72% of electricity demand growth through solar and wind
The figures paint a better picture for India than other Asian nations, where fossil fuel-based generation accounted for a much bigger share in meeting the rise in electricity demand.
Tata Power Renewables commissions 150 MW solar project in Rajasthan
The solar project, spanning 756 acres of land, was commissioned within the scheduled timeline despite the various challenges posed by Covid-19 pandemic.
NHPC tenders 600 MW solar EPC in Tamil Nadu
The tendered capacity includes 500 MW interstate and 100 MW intrastate transmission connected solar projects. Bidding closes in the first week of October.
Renewable energy investment in just four months exceeds FY2021 figures
The Indian renewable energy sector received an investment of US$6.6 billion between April and July 2021, beating the total for the previous financial year.
NHPC tenders 100 MW floating solar EPC in Odisha
The grid-connected floating solar project shall come at Rengali reservoir in the Angul district of Odisha. Bidding closes on October 7.
Indian renewable energy developers raise over INR 26,300 crore through green bonds in first half of 2021
Since 2014, Indian renewable energy developers have raised more than INR 78,200 crore through green bonds in global markets.
