Rajasthan to host 1.8GW of new solar parks in Jaisalmer and Bikaner
The Indian State of Rajasthan, with 10,560MW of installed solar power capacity, will have an 800MW solar park in Jaisalmer developed through Rajasthan Power Generation Corporation. Rajasthan Solar Park Development Company, a Rajasthan Renewable Energy Corporation subsidiary, will build a 1,000MW solar park in Bikaner.
Azure net loss reduces 44% in Q3 as revenue grows
The NYSE-listed Indian solar developer reported a net loss of INR 610 million (US$ 8.2 million) for the quarter ended December 31, 2021 against INR 1,088 million for the corresponding period in the previous year.
Avaada Energy raises US$192 million through green bonds
Avaada Energy is issuing green bonds for INR 1440 crore (US$192 million) at 6.75%, making it India’s largest AAA-rated green bond by any renewable energy developer.
India installed 10 GW of solar in 2021
India recorded the highest ever annual solar installation in 2021 despite a rise in component costs.
The long read: Standards to unlock V2G
Mass adoption of electric vehicles presents opportunities for significant battery deployment to support our grid and power our homes. Developing and adopting standards for vehicle-to-grid bidirectional technology is needed to accelerate the path to these opportunities, reports pv magazine USA’s Tim Sylvia.
ReNew Power announces third-quarter and nine-month results for FY2021-22
The developer reported a widening of net loss for nine months ending December with the increase in expenses.
Polysilicon price fluctuations expected to continue until late 2023
Two industry experts have provided analyses of the current polysilicon price scenario in a chat with pv magazine and both agreed that polysilicon demand is still growing faster than supply. The price may decrease starting from the second quarter and reach more reasonable levels by the end of the year.
Building a sustainable, vertically integrated solar manufacturing ecosystem in India
A new report by JMK Research and IEEFA says Indian solar manufacturers need to create a strong foundation for sustainable development overall by integrating raw materials and impetus to R&D in their plans, rather than focusing solely on output.
Adani Group to explore hydrogen fuel cell manufacture in India
Adani and Canadian PEM fuel cell producer Ballard Power Systems will examine various co-operation opportunities including fuel cell production.
Hero MotoCorp, BPCL partner for large-scale EV charging infrastructure
Hero MotoCorp has partnered with Bharat Petroleum Corporation Limited (BPCL) to develop the charging infrastructure for two-wheeled electric vehicles (EVs) at BPCL’s existing nationwide energy station network.
