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.
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.
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.
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.
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.
The French oil and gas giant already owns half the stake in the Indian developer’s 2.3 GW operational solar assets in India through a joint venture.
A study has analyzed the technical and financial feasibility of floating solar at hydro power plants. The report concludes floating PV reduces evaporation from hydropower reservoirs and the water saved can be used to generate more electricity.
The 50 MW project at the 200 MW Kasargod Solar Park in Kerala was completed well ahead of the scheduled date.
Switzerland’s Smartvolt has developed a special mounting system that facilitates the quick deployment of small ground-mounted PV systems at the base of wind turbines.
Solar power developers have until February 10 to bid for the capacity, which shall be awarded through international competitive bidding followed by reverse auction.
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