Solar power prices rising with demand
Recent BloombergNEF research shows that corporations procured a record 31GW of renewable energy in 2021, and LevelTen Energy says that growth occurred despite more than a year of price increases.
Ayana, Greenko partner on 6 GWh of pump-hydro storage
Greenko Group will provide Ayana with 6 GWh of pumped-hydro storage capacity from its project in Andhra Pradesh, allowing Ayana to provide firm power to offakers.
India’s technology path key to global steel decarbonisation
The global steel industry is poised to shift from coal to hydrogen. With enough high-quality iron ore and low prices for hydrogen, India could play a pivotal role in global steel decarbonisation given its large and growing economy.
US government extends Section 201 tariffs on imported PV panels, cells
The Biden administration has upheld an exclusion for bifacial panels in its new extension of Section 201 tariffs, while ramping up the annual tariff rate quota for cells to 5GW.
Scatec and Acme put their 900 MW Rajasthan solar project on hold
Norway’s Scatec, which has a 50% stake in Acme’s 900 MW solar project in Rajasthan, cited a lack of domestic solar panel supply and the 40% import duty on solar panels effective from April as the reasons for putting the PV project on hold.
German PV equipment providers keep recovering, but uncertainties remain
German engineering association the VDMA has reported increasing orders and sales for PV equipment suppliers in the third quarter. China accounted for around 80% of PV production equipment demand during the period.
NSEFI writes to law minister on solar tariff renegotiation in Punjab
The industry body wrote the State’s new bill to redetermine solar tariffs will render the already operating projects unviable and power producers will find it difficult to repay their loans. It sought the law minister’s intervention in highlighting their concerns to the President with whom the Bill is presently pending approval.
2021 could be India’s best-ever year in new solar addition
With 7.4 GW of new solar already installed in the first nine months, the year 2021 is headed to become one of the best years on record for new solar installation in India.
Central Electronics Limited tenders 95 MW of solar sites in Maharashtra
The successful contractor will install the arrays in blocks of 2-10 MW and will carry out all stages of installation, from site surveys through to 12 years’ operation and maintenance.
Power ministry allows bundling of renewable to replace thermal power under existing PPAs
The gains from the bundling of cheaper renewable energy with high-cost thermal will be shared between the generator and distribution companies on a 50:50 basis.
