Solar system prices to rise – then fall – in 2021, with another record year anticipated
IHS Markit is predicting the world will add 30% more solar capacity this year.
SolarArise commissions 75 MW solar plant in Uttar Pradesh
State-run Uttar Pradesh Power Corporation Limited (UPPCL) will procure the electricity generated from the solar plant under a 25-year power purchase agreement.
Eden Renewables India secures US$165 million finance for 450 MW solar project
The project, currently under construction in Rajasthan, was won by the developer in a Solar Energy Corporation of India (SECI) auction.
Gujarat issues RfS for purchase of 500 MW solar power
The selection of developers to set up 500 MW solar project capacity and supply power to the Gujarat Urja Vikas Nigam Ltd will be done through competitive bidding followed by reverse auction. Bidding closes on February 23.
BHEL seeks panel cleaning system for 75 MW Gujarat solar plant
Bids are invited to supply, install and commission a module cleaning system for the entire solar plant. The work scope also includes operation and maintenance support for three months after commissioning.
Tata Power awarded 320 MW solar project for NTPC
The latest addition, worth around INR 1200 crore (US$162 million), takes the developer’s current order book to around INR 12,000 crore and a project pipeline of around 4 GWp.
World could add up to 194 GW of solar this year
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
Adani Green Energy commissions 150 MW solar power plant in Gujarat
The 150 MW solar plant in Kutchh is Adani Green Energy’s third PV commissioning within a month. Its other two solar capacities that became operational since December end include 100 MW at Khirsara, Gujarat, and 25 MW at Chitrakoot in Uttar Pradesh.
IFC says green recovery could drive $2.5tn renewables market this decade
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
Madhya Pradesh to have 4.45 GW of new solar park capacity within three years
The State, which is home to 750 MW Rewa Solar Park, has a cumulative 4,450 MW of new solar park capacity under construction in Agar, Shajapur, Neemuch, Chhatarpur, Omkareshwar and Morena districts.
