Azure Power secures Letter of Award for 2 GW Greenshoe option
With this, the NYSE-listed developer has been awarded 4 GW in total as part of an auction won in December, which is one of the largest solar projects ever awarded globally.
Commercial and industrial rooftop solar set to surge
Rooftop solar is the obvious choice to save on electricity costs for businesses as they look to preserve capital and find ways to cut expenses post Covid-19.
Fourth Partner Energy raises US$15 million from Swiss investor responsAbility
The Hyderabad-headquartered developer will utilize the debt funding towards construction of upcoming projects for its clients as it aims to add around 350 MW capacity across both open-access and distributed solar portfolios this fiscal year.
India installed 7.6 GW of solar in the last fiscal year, and plans another 8 GW by April
Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
India to have 60% electricity generation from renewables by 2030
To support renewable energy integration, the government aims to make the thermal capacity flexible, almost 55% in the first stage and gradually extend it to the entire capacity.
New equipment for solar cell metallization
The system can metallize the front and back sides of silicon solar cells with unprecedented precision and speed, Fraunhofer ISE said. The technology is also suitable for components such as printed circuit boards or chip cards.
NHPC, GEDCOL sign MoU to develop 500 MW floating solar in Odisha
The two entities shall form a joint venture to plan and develop an aggregate 500 MW of floating solar capacity in a phased manner, preferably in 50 MW packages, in the state.
Vikram Solar plans 3 GW solar factory in Tamil Nadu
The engineering, procurement and construction services contractor – which has a 1.2 GW module production facility near Kolkata – will establish a wafer, cell and module manufacturing site in Tamil Nadu under a five-year timescale.
Safeguarding duty extension fails to win over manufacturers
The investigating arm of India’s commerce ministry has proposed continuing to apply the duty levied on solar cell imports from the east at a rate of 14.9% from July 30 and falling to 14.5% six months later.
Solar causes highest power peaks under mixed-cloud conditions
Dutch researchers have shown that power peaks caused by solar generation may be stronger under partial cloudiness than clear skies. According to their findings, mixed-cloud conditions can enhance PV power production due to light reflected off clouds, as well as their intermittent shadows on arrays, which reduce module temperatures.
