SECL tenders 40 MW solar for self-consumption
Domestic bids are invited to install a 40 MW solar power plant for captive consumption by South Eastern Coalfields Limited. The plant shall come up SECL land in the Surajpur District of Chhattisgarh. Bidding closes on October 15.
Red BIPV solar module from Italy
The module is available with wattages of 230-245 W and can reach an efficiency of up to 13.45%. The panel is part of a new series of colored products that includes silver and orange modules.
NTPC arm signs green term loan pact for 670 MW solar
The renewable energy arm of NTPC signed the pact with the Bank of India to finance its 470 MW solar project in Rajasthan and 200 MW in Gujarat.
bp invests in electric mobility startup BluSmart
The venture capital arm of British energy company bp has invested $13 million in BluSmart in a $25 million Series A funding round. The investment will help BluSmart bring its electric vehicles and charging stations to five major cities.
Sterling and Wilson Solar lands its first waste-to-energy project
The Indian multinational solar EPC player has won a project worth INR 1,500 crore for its recently created business segment of waste-to-energy. The project also marks its first order in the European market.
Adani Green to buy Essel’s 40 MW solar assets in Odisha
The operating solar assets benefit from a long-term power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) at an INR 4.235/kWh tariff. The remaining PPA life is 22 years.
Renewables vs. Nuclear: 256-0
The latest World Nuclear Industry Status Report shows that the world’s operational nuclear capacity grew by just 400 MW in 2020, with generation falling by 4%. By contrast, renewables grew by 256 GW and clean energy production rose by 13%. “Nuclear power is irrelevant in today’s electricity capacity market,” the report’s main author, Mycle Schneider, told pv magazine.
Developer calls world’s largest solar+storage project ‘the first of many’ to come
The Australian-Singaporean group behind a proposed 20 GW solar PV farm and 42 GWh battery energy storage project under development in Australia’s remote far north has hinted that other, similar-sized projects are already in the pipeline.
Scaling finance could drive MSME rooftop solar
Rooftop solar growth in India has so far largely been driven by a few large creditworthy organizations in the commercial and industrial sector. However, if accessible financing options are made available, growth can also be replicated in micro, small and medium-sized enterprises (MSMEs) as well, says a new report.
KKR-backed Virescent Infrastructure raises US$62 million
Mumbai-headquartered Virescent Infrastructure, set up by US investor KKR to own and operate renewable energy assets in India, has raised INR 4.6 billion (US$62 million) through its renewable energy-focused infrastructure investment trust (InvIT). Canada’s Alberta Investment Management Corporation (AIMCo) led the funding.
