NLC targets 6.03 GW of renewables capacity by 2030
The state-owned thermal energy giant has deployed 1,421 MW of renewable power generation capacity so far, including 1,370 MW of solar and 51 MW of wind power plants.
Is hydrogen about to have its solar moment?
As Longi and other solar manufacturers kick off massive growth in hydrogen generation capacity, expect large price decreases resulting from steep learning curves, echoing the rapid advances experienced by the solar power industry since the 1970s.
Edelweiss energy InvIT raises $282 million
Edelweiss’ energy infrastructure investment trust, AnZen, will invest in a diversified portfolio of energy assets including transmission lines and renewable power projects to provide long-term predictable yield and growth to its investors.
Sembcorp acquires Vector Green
Sembcorp Green Infra has signed the agreement to acquire Mumbai-based renewable power producer Vector Green, which has a cumulative 583 MW of solar and wind portfolio in India.
New algorithm to identify underperforming strings in PV systems
German researchers have created an algorithm to predict and identify string yield losses or underperforming strings without additional weather data. It could be used to inspect modules, strings, arrays, inverters, and transformers.
Assam tenders 100 MW floating solar, 50 MW ground-mount PV projects
Assam Power Distribution Co. Ltd has issued two separate tenders to develop 100 MW of floating solar and 50 MW ground-mount PV projects in the state. The projects are to be developed on a build-own-operate basis.
Uttar Pradesh targets 22 GW of solar in next five years
The state government has announced its Solar Policy 2022, which places a special focus on the setting up of solar parks with storage systems. The policy also provides big incentives for the adotion of rooftop solar systems and the solarization of tubewells for agriculture.
BCD pass-through to benefit up to 6 GW of solar projects
Tariffs will rise by 50-70 paise/kWh for up to 6 GW of solar projects as developers are allowed to pass on the impact of basic customs duty on cells and modules under ‘change-in-law’.
Ernst & Young again ranks India as world’s most attractive solar market
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
Maharashtra tenders 230 MW of distributed solar
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has started accepting bids to develop grid-connected, ground-mounted solar plants, ranging in size from 2 MW to 10 MW, in various districts of Maharashtra. The ceiling tariff is fixed at INR 3.30 ($0.041)/kWh, with bidding scheduled to close on December 16.
