Avaada Energy secures 421 MW (DC) solar project
Avaada has won a 421 MW (DC) solar project at a tariff of INR 2.70 ($0.03)/kWh. The project, connected to the inter-state transmission system, will supply power to Damodar Valley Corp. (DVC).
Bangladesh needs up to $1.71 billion annually till 2041 for 40% renewable energy capacity
A new report says the time is ripe for Bangladesh to increase renewable energy-based generation capacity to reduce costly fossil-fuel imports and drive down subsidy burdens on the power sector. It finds the nation would need to consistently invest $1.53 billion to $1.71 billion annually until 2041 to build a 40% renewable energy capacity of the electricity demand of 61,866 MW in 2041.
India to tender 50 GW of renewable energy capacity annually for next five years
The structured bidding trajectory will provide sufficient time to renewable energy developers to plan their finances, develop business plans and manage the supply chain more efficiently, said power minister R.K. Singh.
NTPC Ltd seeks bifacial modules for Nokh solar project
NTPC has tendered the bifacial PV module package for the Nokh solar project in the Indian state of Rajasthan. Only domestic manufacturers are eligible to bid. Bidding closes on April 25.
Solar installations to surpass 16 GW in 2023: JMK Research
JMK Research analysts expect India to add 14 GW of new utility-scale solar capacity and 2.8 GW of rooftop (onsite) PV in the twelve months ending December 31, 2023.
SECI launches 2 GW solar tender
Developers have until May 10 to submit bids for setting up 2 GW of solar power generation capacity, connected to the interstate transmission system, anywhere in India. The projects are to be developed on a build-own-operate basis.
Larsen & Toubro wins substation package for renewable energy parks in Gujarat, Andhra Pradesh
The Indian multinational EPC solutions provider has secured substation packages for renewable energy parks at Khavda and Kurnool.
SJVN secures $111.3 million Japanese loan to fund solar projects
SJVN has secured around INR 915 crore ($111.3 million) loan to partly finance its 90 MW Omkareshwar floating solar project in Madhya Pradesh and 100 MW Raghanesda solar project in Gujarat.
JSW Energy completes acquisition of Mytrah’s 1.75 GW renewable assets
JSW Energy arm JSW Neo Energy has completed the acquisition of 1,331 MW of wind capacity and 422 MW solar from Mytrah Energy for INR 10,150 crore ($1,235 million).
Sterling and Wilson Renewable Energy selects Nextracker for NTPC’s 1.568 GWp solar plant
Nextracker will supply its optimized bifacial solar trackers for NTPC Renewable Energy’s 1.568 GWp PV project in the Indian state of Gujarat. The project, India’s largest contiguous solar power plant, is being implemented by Sterling and Wilson Renewable Energy.
