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State power companies invited to develop 5 GW of solar

The PV projects—tendered under the Central Public Sector Undertaking scheme—will be entitled to government support through viability gap funding, with the level of VGF awarded determined by reverse-bidding auctions for the project capacity.

The long read: Compressed air storage to be more than just hot air in Israel

Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.

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The long read: PV in the water-energy-food nexus

Sector coupling may be somewhat of a buzzword, but it also points to opportunities for PV beyond the power markets, which may quickly reach limitations during peak hours of irradiation. Combined energy, food and clean water production presents one such opportunity, with benefits for developers, utilities and communities.

Powering to empower rural India

Smart Power India, a subsidiary of US-based impact investor The Rockefeller Foundation, was established in India in 2015 with the aim of extending power to those without sufficient access to reliable and quality electricity. Jaideep Mukherji, CEO, Smart Power India, speaks to pv magazine about their work in India and way forward.

Tata Power secures Gujarat solar project worth INR 460 crore 

Following NTPC’s 320 MW project, Tata Power has won the order to build 95 MW of ground-mounted solar PV project for Gujarat State Electricity Corporation Limited (GSECL). The order value of the project is around INR 460 crore ($63 million).

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Tesla sharpens focus on solar

In an earnings call this week, Tesla CEO Elon Musk boldly claimed that the company will soon be “the market leader in solar.”

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Vikram Solar commissions 140 MW PV project for NTPC 

The EPC contractor said it is the largest solar plant by capacity commissioned so far in the state of Uttar Pradesh. The plant is estimated to generate 319 million units of electricity per year, which is enough to power 1,45,662 houses annually. 

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Tata Cleantech secures US$30-million from UK investor CDC 

The investment will enable Tata Cleantech to provide loans for green projects, including e-mobility solutions as well as water and energy efficiency.

Maharashtra invites developers for 250 MW grid-connected solar  

The 250 MW solar capacity is to be set up on a build-own-operate basis at Dondaicha Solar Park in the district Dhule. The tariff ceiling is fixed at INR 2.83/kWh for the entire power purchase duration of 25 years.

Solar system prices to rise – then fall – in 2021, with another record year anticipated

IHS Markit is predicting the world will add 30% more solar capacity this year.

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