SECI extends bidding for 300 MW solar EPC in Andhra Pradesh
EPC contractors now have until August 24 to bid for setting up 300 MW of solar capacity in the Ramagiri district.
Fourth Partner Energy raises additional $42.3 million in equity funding from Norfund
The corporate solar solutions provider has raised an additional equity investment of INR 350 crore ($42.3 million) from Norfund after receiving $100 million in 2021. It is also tying up with IFC for INR 560 crore fund to execute projects in India.
Bangladeh approves 50 MW solar project at $0.098/kWh
The Bangladesh Power Development Board (BPDB) has approved plans to build a 50 MW solar project in northwestern Bangladesh. The installation will sell power to the BPDB under a 20-year power purchase agreement (PPA) at a rate of $0.098/kWh.
SJVN wins second 90 MW capacity of Omkareshwar floating solar park
The state-owned hydropower producer has secured a second 90 MW capacity of the Omkareshwar floating solar project in Madhya Pradesh after winning an equivalent capacity in January. It secured the latest project at INR 3.79 ($0.046)/kWh.
Batteries overtake pumped hydro in Australia’s National Electricity Market
Grid-scale battery storage systems have surpassed the charging capacity of pumped hydro in Australia’s national grid, following the recent completion of two new battery projects, totaling 150 MW.
Brazil imported 7.8 GW of solar modules in H1
Brazilian consultancy Greener says that Brazil imported 7.8 GW of solar modules in the first half of this year, down 21% year on year. However, it says a reduction in distributors’ inventories and module prices could drive up cost competitiveness in the second half.
L&T selects Sungrow inverter solution for 2.2 GW AC solar plant in Saudi Arabia
Sungrow will supply its 1+X modular inverter solution to the 2.2 GW AC solar plant of the NEOM green hydrogen project. The PV plant is being executed by Larsen & Toubro on an EPC basis.
ONGC to spend $12 billion on green initiatives by 2030
The state-run explorer Oil and Natural Gas Corp. Ltd (ONGC) aims to achieve an installed renewable energy (RE) capacity of 10 GW by 2030 and 1 million tonnes per annum capacity of green ammonia production as part of its efforts to reduce its carbon footprint.
Tata Power-DDL sourced 2.6 billion units of green power in FY 2023
Tata Power-DDL sourced 2,600 million units of green power from renewable sources such as solar, wind, hydro, and waste in FY 2022-23. With this, it scores a hat trick of Renewable Purchase Obligation (RPO) compliance.
SJVN tenders BOS package for 275 MW solar
SJVN Green Energy Ltd (SGEL) has invited bids to install and commission 275 MW (AC) of grid-connected solar projects, including 200 MW at Khavda Solar Park (Gujarat) and 75 MW at Jamui (Bihar). The solar modules for both projects will be supplied by SGEL.
