Higher solar module prices: rainy days ahead for developers?
CareEdge Ratings has analyzed the key drivers of rising PV module prices and the impact on projects in India. It has also assessed the tariffs expected in upcoming bids, to ensure that developers get the same returns they were previously getting.
ReNew Power signs deal for INR 50,000-crore renewables, storage project in Karnataka
Developer ReNew Power will invest INR 50,000 crore ($6.5 billion) in solar, wind, hybrid generation, battery storage, and green hydrogen projects over a period of seven years.
Sungrow equips Tata Power battery storage project in Ladakh
Chinese inverter maker Sungrow is supplying its SC2500UD power conversion system and ST2752UX liquid-cooled energy storage system to Tata Power Solar for an integrated battery energy storage project in Ladakh.
Mahindra Susten commissions 175 MW of solar in Rajasthan
Mahindra Susten has switched on 175 MW (AC) of its 250 MW solar project in Bikaner district, Rajasthan. The massive installation, which uses bifacial modules, will supply electricity to Solar Energy Corp. of India over a period of 25 years at a price of INR 2.54 ($0.03)/kWh.
No end to solar supply/demand imbalance
The solar supply chain problems that began last year with high prices and polysilicon shortages are persisting into 2022. But we are already seeing a stark difference from earlier predictions that prices would decline gradually each quarter this year. PV Infolink’s Alan Tu probes the solar market situation and offers insights.
SCCL tenders EPC contract for 22 MW solar plant
SCCL is tendering an engineering, procurement and construction contract for a grid-interactive solar plant at Singareni Collieries Company’s Ramagundam site in Telangana. Bidding closes on June 15.
New method could potentially produce hydrogen from biogas for $2/kg
Kore, an energy startup in California, has developed a new way to produce hydrogen from biogas, and is now poised to build a commercial-scale demonstration facility in Los Angeles. It said half of the carbon in the feedstock can be converted into gas, while the other half can be converted into solid elemental carbon char.
Greenko starts work on 5.23 GW renewable storage project
Indian developer Greenko has begun construction of a hybrid energy storage project featuring 10.8 GWh of daily pumped storage, 3 GW of solar, and 550 MW of wind. It claims that it might be the world’s largest renewables-based storage project upon completion.
Rising costs weigh on solar deployment in Bangladesh
Rooftop and ground-mounted solar deployment is reportedly slowing down in Bangladesh due to rising prices of panels, inverters, and other PV system components.
Tata Power to install EV charging infrastructure at Hyundai dealerships
Tata Power has signed an agreement to commission home chargers for EV owners and install its EZ Charge fast chargers (DC 60 kW) at Hyundai Motor India’s 34 electric vehicle dealer locations in 29 cities.
