The nation installed a cumulative solar capacity of 41,689 MW as of December 31, 2020, with 1298 MW added in the October-December period. Going forward, capacity addition in the current year’s first quarter could exceed 2 GW.
Siemens has acquired C&S Electric’s around 99.22% equity share capital for INR 2,100 crore. The acquisition will allow it to address the rising demand for low-voltage power distribution solutions in India. Apart from gaining easy access to the Indian market, the transaction also aims to create an export hub.
Developers now have until March 11 to lodge their interest in building 275 MW of grid-connected solar capacity in Uttar Pradesh Solar Park. The projects are to be set up on a build-own-operate basis.
Under the joint venture, Sterling and Wilson will provide end-to-end services for electric vehicle charging stations across India.
A new report discusses battery storage, green hydrogen, and flexible coal-fired power generation as key grid firming options for India as solar and wind are poised to form 51% of the nation’s total installed generation capacity by 2030.
A numercal study by researchers at India’s Chitkara University has shown enhanced charge extraction in metal-perovskite-metal back-contact solar cell structure through electrostatic doping. The proposed design yielded a 59.4% improvement in power conversion efficiency over previously reported structures.
Today, the State has 5042 MW of renewable energy capacity, a ten-fold increase from 491 MW in 2012.
Proceeds from the transaction with RMG Acquisition will be used to support ReNew’s growth strategy, including the buildout of its contracted, utility-scale renewable power generation capacity and to reduce debt.
The private power producer will set up the proposed solar plant in the Datia district in two parts of 33.7 MW and 56.17 MW. The project is expected to be completed by June 2022.
The floating solar plant shall come up at the Santhaldih Thermal Power Station in the Purulia district of West Bengal. Bidders have until April 12 to lodge their interest in its installation and commissioning.
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