Avaada Energy secured the 1.4 GW DC solar project by offering a competitive tariff of INR 2.53 ($0.0304) per kWh to NHPC.
As the cost of generating clean energy continues to fall, producing green hydrogen in Europe, rather than importing it from Africa – with all the transport costs and raised carbon footprint that would entail – is beginning to look like an increasingly viable option.
Gujarat Urja Vikas Nigam Ltd (GUVNL) is accepting bids to develop up to 1 GW of solar PV projects (including 500 MW under greenshoe option) for power supply to the state discom. The projects are to be set up on a build-own-operate basis and can be located anywhere in India.
The selected developers can set up solar projects anywhere in India, as long as these are connected to the interstate transmission system.
The state-run power producer has also tendered the EPC package for 630 MW of solar power projects.
Will a redeployable solar and energy storage solution be the answer to unreliable grid electricity across much of Africa, as its developer proposes? Or will it merely be a temporary solution that will see cash-strapped utilities kick the can of universal energy access further down the road?
Amid calls for an immediate transition to renewable energy, it’s important to ensure that aspects such as domestic resource utilization, the cost of transition, and the impact on the population are not overlooked.
Indian developer Ayana Renewable Power has been recognized with ‘A-‘ rating for its performance on the Environmental, Social, and Governance (ESG) metrics, becoming the top ESG scorer among all renewable energy firms in Asia.
HDF Energy has expanded its operations to make fuel cells in France. It says it plans to produce green hydrogen infrastructure for low-carbon hydrogen production and non-intermittent renewable electrical power in 30 countries throughout the world.
RK Singh, India’s power minister and president of International Solar Alliance, highlighted the need for investment and research in alternative chemistries for energy storage and in building manufacturing capacities.
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