Indian coal majors to jointly set up 3 GW solar projects
Coal India Ltd (CIL) and NLC India—both under India’s Ministry of Coal—would form a joint venture with 50:50 equity participation to develop 5 GW of power assets, including 3 GW solar and 2 GW thermal.
Italy’s Enel scores its first solar win in India
The renewable energy developer—which owns and operates 172 MW of wind capacity in India—has claimed its first solar tender win in the country with a SECI award for 300 MW power.
India sets new record-low solar tariff of Rs2.36/kWh
The winning bid, for 300 MW of generation capacity by Spanish developer Solarpack in a 2 GW auction is 3.3% lower than the previous record of Rs2.44.
Avaada Energy to set up 350 MW solar plant in Maharashtra
The electricity generated will be supplied to Maharashtra State Electricity Distribution Co Ltd (MSEDCL) under a 25-year power purchase agreement.
REIL tenders residential rooftop solar in Bihar
Bids are invited to set up an aggregate 1 MW grid-connected rooftop solar capacity in residential sector across various locations in Bihar. The projects—in sizes of 1 kW to 10 kW and beyond 10 kW—are to be set up in turnkey mode. Bidding closes on July 8.
NTPC gets 500 MW solar project management contract from Mali
After a 285 MW award from Togo, this is the second such overseas contract for the state-owned power producer which aims to anchor 10 GW of solar parks in ISA member countries over two years.
Hybrid and RTC projects to boost India’s RE and energy storage market
The global hybrid energy market, including energy storage, is projected to touch $40 billion by 2025. It is an opportunity that India has capitalized upon, earlier than others.
Consyst bags order to build a renewable energy data center for KSEB
The Kochi-based system integrator will connect kW- and MW-scale solar plants distributed across the state using remote terminal units, Cloud Computing and Industrial Internet of Things. Once commissioned, the system will help Kerala State Electricity Board Ltd to evaluate and analyse the performance of renewable energy generation in the state more precisely in real time and manage grid operations better.
Tata Power to develop 100 MW solar project in Maharashtra
The Maharashtra project is the developer’s second large-scale solar win this month following a 120 MW project in Gujarat. The electricity generated will be supplied to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) under a 25-year power purchase agreement.
Supply chain concerns will drive EV battery recycling policies
With electric vehicles starting to gain traction, the International Energy Agency’s updated, ten-year e-mobility forecast has suggested geopolitical and economic concerns will trump environmental niceties when it comes to encouraging recycling. But what price ever-cheaper batteries?
