Solar and wind formed 92% of India’s electricity capacity addition in 2022
India added 13.9 GW of solar capacity and 1.8 GW of wind in 2022, which together accounted for 92% of the overall 17 GW of annual electricity generation deployment.
SJVN awarded 200 MW solar project in Maharashtra
SJVN Green Energy Ltd (SGEL) has received a Letter of Award from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) to develop a 200 MW solar project anywhere in Maharashtra. The project development cost is estimated at INR 1,000 crore.
Optimizing off-grid PV systems for different design criteria
A new report by IEA PVPS Task 18 provides a blueprint guide on how to conduct feasibility studies for off-grid and edge-of-grid power systems. The optimal system size and specifications vary depending on the client’s priorities. The desired project outcomes can be identified using pure financial analysis (NPV, IRR) or additionally taking environmental performance into account.
Common misconceptions about residential PV
More and more people want to invest in PV arrays and battery storage systems. However, there are a number of myths that could lead to disappointment among customers, according to one German consumer association.
GAIL signs MoU with Shell Energy India
The MoU envisages exploring prospects in renewables, LNG for road transport, regasification of imported LNG, and import and handling of different hydrocarbons which are important chemical and petrochemical precursors.
Sterlite Power wins green energy transmission project in Rajasthan
The project will act as one of the critical links in the evacuation of 20 GW of renewable power from the Renewable Energy Zones of Rajasthan to the national grid.
Relaxation of ALMM order a near-term positive for solar power developers, says ICRA
The Ministry of New & Renewable Energy has exempted solar projects to be commissioned till March 31, 2024, from the requirement to source modules from the Approved Models and Manufacturers (ALMM) list. The move provides developers with the flexibility to source modules at the most cost-competitive rates.
The case for using gas-based plants to serve peak power demand
Using some of India’s existing gas-based power capacity as peaking plants would be more economical than the other options in the short-term market for peak power supply. Gas-based power plants can provide ancillary services to maintain the grid’s power quality, reliability, and security as renewable energy capacity increases, says a new report by IEEFA.
India installed 2.5 GW of open-access solar in 2022
India reached 7.7 GW of cumulative installed open-access solar capacity as of Dec. 31, 2022, with a record annual addition of 2.5 GW during the Jan.-Dec. period in 2022.
Amp Energy to build 720 MW of renewable energy projects in Andhra Pradesh
Amp Energy has committed to building 720 MW of wind, solar, wind-solar hybrid, floating solar, and energy storage projects in Andhra Pradesh with an estimated investment of approx Rs 5,800 crore over the next 3-5 years.
