Module and shipping cost inflation could cost the world 50 GW of solar next year
The input costs of the two biggest contributors to solar plant development expense have gone through the roof since the world began to come out of Covid-19 lockdowns, to leave project developers with some difficult choices.
Reliance offers INR 375/share to raise 25.9% stake in Sterling and Wilson Solar
The new energy arm of Reliance Industries Limited has made an open offer to acquire 4,91,37,420 shares from Sterling and Wilson Solar’ public shareholders at a price of INR 375 per share.
India added 8.8 GW of solar in the first nine months of 2021
The solar capacity addition for the calendar year 2021 is expected to touch 14 GW (11 GW utility scale and 3 GW rooftop) if the third Covid wave does not strike between November and December.
Solar tariffs could rise to INR2.60/kWh in the next fiscal year
The recent increase in the goods and services tax applied to solar cells and modules, from 5% to 12%, coupled with a planned 40% customs duty on panel imports, is set to increase project costs for developers.
Gujarat tenders 60 MW of solar EPC work
Bids are invited to install 60 MW of grid-connected solar projects around various substations of the Gujarat Energy Transmission Corporation Limited in the Kachchh district.
Larsen & Toubro targets carbon neutrality by 2040
The Indian multinational EPC contractor will increase the share of renewable energy in the electricity mix across its campuses and project sites as part of efforts to reduce its carbon footprint.
Solar farms prove to bee hives of economic activity
A new study from researchers at the universities of Lancaster and Reading in the UK has managed to quantify the economic boost provided by the symbiotic relationship between solar farms and honeybee hives.
Most significant roadblocks to India’s solar energy goals
India needs to install an average of 25 GW solar capacity every year to reach its renewable energy target of ‘450 GW by 2030’ with over 60% (280 GW) from solar. The nation must build enough manufacturing capacity back home to be ready on the supply side to support the new installations.
International Solar Alliance launches programs on solar and battery waste management, green hydrogen
The International Solar Alliance (ISA), which aims to mobilize more than $1 trillion of solar power investment by 2030 in its member countries, expanded its scope of work by launching programs on solar panel and battery waste management and solar-powered hydrogen production in its fourth assembly held recently.
NITI Aayog launches geospatial energy map of India
The map attempts to identify and locate all primary and secondary sources of energy and their transportation/transmission networks to provide a comprehensive view of energy production and distribution in the country.
