Asia

India added 13.9 GW of solar capacity and 1.8 GW of wind in 2022, which together accounted for 92% of the overall 17 GW of annual electricity generation deployment.

SJVN Green Energy Ltd (SGEL) has received a Letter of Award from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) to develop a 200 MW solar project anywhere in Maharashtra. The project development cost is estimated at INR 1,000 crore.

The MoU envisages exploring prospects in renewables, LNG for road transport, regasification of imported LNG, and import and handling of different hydrocarbons which are important chemical and petrochemical precursors. 

The project will act as one of the critical links in the evacuation of 20 GW of renewable power from the Renewable Energy Zones of Rajasthan to the national grid.

The Ministry of New & Renewable Energy has exempted solar projects to be commissioned till March 31, 2024, from the requirement to source modules from the Approved Models and Manufacturers (ALMM) list. The move provides developers with the flexibility to source modules at the most cost-competitive rates.

Using some of India’s existing gas-based power capacity as peaking plants would be more economical than the other options in the short-term market for peak power supply. Gas-based power plants can provide ancillary services to maintain the grid’s power quality, reliability, and security as renewable energy capacity increases, says a new report by IEEFA.

India reached 7.7 GW of cumulative installed open-access solar capacity as of Dec. 31, 2022, with a record annual addition of 2.5 GW during the Jan.-Dec. period in 2022. 

Amp Energy has committed to building 720 MW of wind, solar, wind-solar hybrid, floating solar, and energy storage projects in Andhra Pradesh with an estimated investment of approx Rs 5,800 crore over the next 3-5 years.

Solar Energy Corp. of India Ltd (SECI) has invited global bids to build a 100 MW (AC) floating solar PV Project at Getalsud Dam in the Ranchi district of Jharkhand. Bidding closes on May 2.

Ornate designed, engineered and manufactured the 91 kW solar energy-generating roof using 200 high-efficiency mono PERC modules. The system has replaced 6,630 sq. ft. of asbestos roofs at Ashirvad Pipes’ production facility in Bengaluru.