Evolving risks could dampen solar investment flow
Indian solar sector remained buoyant even amid Covid pandemic as 15.3 GW of solar capacity (including solar-wind hybrid) was sanctioned in the current year’s first half itself. However, returns expectations from equity investments rose from around 14% in the first half of 2019 to 16-17%, indicating heightened risk perceptions among investors.
Sterling and Wilson Solar opens European headquarter in Spain
Led by Vikas Bansal, the Seville-based office will target Europe’s growing solar market in countries like Portugal, Spain, Italy and Poland.
Adani Green Energy arm commissions 50 MW solar project
The latest addition takes Adani Green Energy’s operational renewable energy capacity to 2,850 MW, including 2353 MW under a joint venture with French oil and gas major Total.
PV powered desalination is “the most competitive design”
Scientists in France conducted an analysis on the competitiveness of water desalination, taking a large scale project planned for Morocco as a case study. The research concludes that PV without storage is the cheapest option to power desalinators, and will likely remain so until at least 2030.
NTPC tenders for solar EPC contractors and developers
The state-run power company has invited engineering, procurement and construction services contractors and developers to bid for its solar project contracts, excluding the supply of PV modules. Applications can be submitted until November 19.
State-owned renewables funding body aims for Rs2406 crore income this year
The Indian Renewable Energy Development Agency provides loans for clean power and energy efficiency projects. Its gross income in the last fiscal year rose to INR2372 crore – around 17% growth over the previous year’s INR2022 crore.
Indian researchers create bio-inspired algorithm for MPPT optimization
Indian researchers have created a hybrid salp swarm algorithm to optimize MPPT tracking in PV systems under partial shading conditions. It is based on the swarming behavior of salps in the ocean.
BHEL tenders BOS for NTPC’s 20 MW Gandhar project
Bids are invited for supply, installation and commissioning of balance-of-system (BOS) items for NTPC’s 20 MW (AC) grid-connected solar plant in Gujarat. Bidding closes on November 10.
Oil India seeks installers for 100 MW-plus solar plants
The state-run oil and natural gas major has issued a call for expressions of interest in installing the solar plants anywhere in India on a turnkey basis. November 27 is the last date to lodge the interest.
KKR’s India platform will acquire operating renewables assets
Headquartered in Mumbai, Virescent Infrastructure owns 169 MWp of solar assets in Maharashtra and 148 MWp in Tamil Nadu.
