EIB to provide EUR 1 billion for India’s National Green Hydrogen Mission
European Investment Bank (EIB) Vice-President Kris Peeters will confirm a EUR 1 billion loan for India’s National Green Hydrogen Mission on his four-day business visit to India this week.
US Customs solar exclusions might be ‘de facto ban on Chinese polysilicon’
Longi solar modules made of Tongwei polysilicon have been excluded from entry to the U.S.
NTPC tenders EPC package for 200 MW solar in Gujarat
NTPC Renewable Energy Ltd has invited bids to install and commission two solar projects of 100 MW each at GSECL Solar Park in Khavda. The supply of PV modules also falls under the bidder’s scope.
Tata Steel, UK to support low-carbon hydrogen projects for industrial decarbonization
The Indian steel giant, along with the UK government, has opened a call for innovative projects in low-carbon hydrogen to decarbonize the industrial sector. Two selected projects will be awarded £80,000 (INR 83 lakh) and provided priority access to Tata Steel’s integrated steel plant.
Solar module prices, auction volumes, and the outlook for capacity addition
Timely scale-up in tendering activity and moderation in solar PV cell and module prices, if sustained, would support improvement in capacity addition in the renewable energy sector.
NTPC launches 2 GW pumped storage tender
Each developer can bid for pumped storage capacities from 200 MW to 2 GW. Projects can be developed at multiple locations, with a minimum project size of 200 MW. The minimum storage cycle is six hours. Bidding closes on August 16.
UAE utility announces selected bidders for 1.5 GW solar tender
Emirates Water and Electricity Co. (EWEC ) has announced the bidders for a tender to develop the 1.5 GW Al-Ajban solar project.
Japan’s 16th solar auction concludes with lowest bid of $0.065/kWh
Japan’s latest procurement exercise was open to PV projects above 250 kW in size. The lowest price came in at JPY 9 ($0.065)/kWh, with 119.7 MW of allocated capacity.
Italian startup offers solar kits packed in barrels
Italy’s Barrel claims that solar kits packed in barrels are ideal for remote areas and conflict zones. Its standard packages consist of 6 kW solar modules, 5.6 kW single-phase hybrid inverters, and 3.55 kWh lithium batteries.
Integrating higher share of renewable energy in India’s power system
To increase the share of renewable energy, India needs to introduce demand-side measures like time-of-use tariffs, develop a well-connected national grid, deploy various energy storage options for grid balancing services, and convert its fossil-fuel-powered fleet to operate flexibly.
