JSW Neo Energy Ltd, an arm of JSW Energy, has secured power purchase agreements with Solar Energy Corp. of India Ltd and Gujarat Urja Vikas Nigam Ltd for cumulative renewable energy capacity of 1.3 GW (1 GW wind and 300 MW solar).
The hydrogen economy in India is expected to undergo vast development in the coming years owing to government support and industry funding.
Waaree Energies has secured a contract to supply its p-type bifacial solar modules for Acciona Energy’s 412.5 MWp (335 MW AC) project in Rajasthan.
Brookfield Asset Management targets to more than triple renewable energy assets under management in India to over $10 billion within the next three to four years.
Larsen & Toubro (L&T) has secured the contract to build a 185 MW grid-connected solar PV plant along with a 254 MWh battery energy storage system in the Lakshisarai district of Bihar.
Reliable assessment of the local solar radiation resource is a major component of large-scale PV power plant project development and financing. This assessment is usually based on the assumption that the long-term average annual solar radiation from previous years is not significantly different from the expected future solar resource availability. In many areas of the globe, the solar radiation availability in 2023 was considerably higher (up to 10-12%) than the long-term average, and this might be overshadowing the fact that a large fraction of utility-scale PV power plants is undeperforming.
California startup Planted Solar uses construction robots and high-density arrays to deliver what the company says are higher energy outputs and lower balance of system costs.
Solar Energy Corp. of India (SECI) has announced third bidding extension for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh.
Next decade will see Adani Group invest more than $100 billion in the energy transition space and further expand its integrated renewable energy value chain—chairman Gautam Adani at CRISIL Ratings Annual Infrastructure Summit 2024.
International Finance Corp. (IFC) has committed $105 million to Brookfield Asset Management’s 550 MWp solar power project in the Bikaner district of Rajasthan.
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