Virescent Renewable Energy Trust completes the acquisition of 50MW operating solar asset from Godawari Green Energy
The 50MW concentrated solar power plant, located in the state of Rajasthan, was commissioned in June 2013 and benefits from a 25-year power purchase agreement with NTPC Vidyut Vyapar Nigam.
World’s largest solar tree record smashed
With a PV panel surface area of 309.83m2 the construction has been officially certified by Guinness World Records as the biggest.
NLC tenders EPC work for 100MW solar
Bidders have until April 8 to lodge their interest in setting up a 100MW (AC) interstate transmission system (ISTS) connected solar power project anywhere in India.
US consortium aiming for 50-year PV
The US Department of Energy’s durable materials consortium is a multi-laboratory unit that stress-tests solar modules for durability. It aims to extend the useful life of PV.
Investment cycle means race is on to incentivize green hydrogen
A report published by Irena hints the world’s politicians will have to get to work immediately to avoid another generation of fossil fuel-fired hydrogen, ammonia, and methanol plants being set up to run into the second half of the century.
Fortum wins 200MW solar project in Gujarat
The solar project shall benefit from a 25-year power purchase agreement (PPA) with the state discom Gujarat Urja Vikas Nigam Limited at a fixed tariff of INR 2.29/kWh.
India installed 1.2GW of open-access solar in 2021
With that, the nation surpassed a cumulative 5GW of “open-access” solar generation capacity by the end of December.
AP High Court order upholding the sanctity of solar PPAs a positive news but timely implementation remains critical, says ICRA
In the matter of power purchase agreement (PPA) tariff renegotiation, the high court of Andhra Pradesh has directed the state discoms to honor the PPA terms and clear the pending payments to solar and wind power developers within six weeks from the date of the order. The incremental impact on power purchase cost for the AP discoms is estimated at about INR 10,500 crore, due to the build-up of dues arising out of the difference between the PPA rate and interim rate over the last three-year period.
Tata Power DDL, Battery Smart partner to set up battery-swapping network for electric vehicles
The Delhi discom has partnered with battery-as-a-service provider Battery Smart to set up battery swap stations for electric two- and three-wheelers across North Delhi.
European investor ThomasLloyd gets government approval for SolarArise acquisition
Delhi-based SolarArise India Projects, an investee company of ThomasLloyd, owns seven solar power projects with a cumulative capacity of 434MW in India.
