To effectively meet its clean energy and net zero targets, India must address the current limitations in its green financing models. Additionally, the lenders must take into account sector specific risks.
Researchers in Saudi Arabia have developed a hydrogel composite that absorbs moisture in solar modules overnight and facilitates evaporative cooling throughout daylight hours. The system has undergone lab tests and outdoor experiments on two continents.
Jakson Green Renewables, the asset management arm of Jakson Green, has secured an additional 1 GWp in solar operation and maintenance (O&M) contracts, pushing its total O&M portfolio to an impressive 5 GWp.
The latest addition takes Sikar solar project’s total commissioned capacity to 240 MW out of a planned 300 MW.
At a time when many countries struggle with energy nationalism and policy flip-flops, India’s independent power producer (IPP)-driven model offers a decentralised, market-based, and scalable solution to clean energy growth. Their role in catalysing 250 GW of new capacity by 2030 will be central to India’s climate pledges under the Paris Agreement and its goal of net-zero emissions by 2070.
The 193 MW addition follows the commissioning of 245 MW of the 735 MW Nokh Solar PV project in March this year.
The solar asset, Renew Solar Aayan Pvt Ltd (RSAPL), has been operational since March 2024 and benefits from a long-term 25-year power purchase agreement (PPA) with Solar Energy Corp of India (SECI) at a fixed tariff of INR 2.37 per kWh.
NTPC Renewable Energy Ltd (NREL) has commissioned a 110.25 MW portion of its 1,255 MW Khavda-I Solar PV Project. It has also secured a power purchase agreement with Uttar Pradesh Power Corp. Ltd for a 1 GW PV project.
In a world where electricity defines sovereignty, allowing foreign-made devices to sit at the core of India’s solar infrastructure is nothing short of national negligence. In today’s age, power is not just electricity—it is sovereignty. We cannot afford blackout-level vulnerabilities induced by foreign-made solar inverter hardware with security loopholes.
UK consultancy GlobalData projected, in figures shared with pv magazine, that global renewable capacity could hit 11.2 TW by 2035, led by solar. It expects cumulative PV capacity to hit 2,378 GW by year-end and 2,849 GW by 2026.
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