India

Materials that can recover energy wasted in the form of heat and convert that into electricity can pave the way for devices that can be coupled with new renewable technologies such as solar-thermoelectric and Lithium batteries.

Bidders are required to supply and commission 1500V, 2.5 MW outdoor/containerised power conditioning units for two floating solar projects at NTPC. In all, 19 units are to be supplied—10 for 25MW (AC) NTPC Simhadri and 9 for 22MW (AC) for NTPC Kayamkulam. Bidding closes on February 4.

Led by Indian developer Renew Power’s former CEO Parag Sharma, the joint venture by these global investors aims to install over 4 GW of utility-scale capacity across solar and wind projects.

The Gujarat-based power generator, which aspires to cross 100 MW capacity milestone in 2019-20, has touched 40.75 MW as an independent power producer and close to 4 MW as captive power producer.

Under the order worth around Rs 1730 crore, the power transmission and distribution player’s latest supervisory control and data acquisition and advanced distribution management solution technology will help deliver 24×7 reliable power to the people of the twin cities of Jammu and Kashmir.

Mumbai investor Edelweiss Group will gain a controlling stake in the generation assets in a deal which Engie says will allow it to reduce its debt by Rs3,160 crore.

Compliance to revised IEC standards allows the ATUM roof with integrated solar panels to chart markets in over 50 countries.

Power distribution reforms and scaling up of solar adoption among MSMEs through captive renewable energy policy and comprehensive Credit Guarantee Mechanism are among measures expected from the budget.

India’s largest private-sector thermal power producer—which ranked as the sixth largest solar player globally in 2019—will invest over 70% of its budgeted Capex for the energy vertical into clean energy and energy-efficient systems to fuel its transformation.

Bidding closes on February 10 for the solar systems that are to be set up on turnkey basis. Completion period is eight months from the award of contract.