Indian renewable energy developers raise over INR 26,300 crore through green bonds in first half of 2021
Since 2014, Indian renewable energy developers have raised more than INR 78,200 crore through green bonds in global markets.
The potential for grid-scale energy storage in India
A new study provides a first-of-its-kind assessment of grid-scale energy storage deployment in India both in the near term and the long term. The researchers conducted scenarios-based capacity expansion modeling to assess when, where and how much energy storage can be cost-effectively deployed in India through 2050. In all scenarios, energy storage was found to play a significant role in India’s power system.
Engie commissions 200 MW solar plant in Gujarat
The solar plant, spread across 380 hectares in the Raghanesda Solar Park, is Engie’s second-largest PV project in India. It was completed within the schedule, despite the multiple challenges during the Covid pandemic.
Siemens deploys smart metering technology for Tata Power-DDL customers
Siemens has deployed its EnergyIP meter data management system for over 2,00,000 smart meters in North Delhi, enabling the timely and accurate collection of electricity meter data digitally. The advanced metering infrastructure will pave the way for the deployment of Smart Grids across the country.
Cooling PV modules with plants, coir pith
An Indian-Malaysian research group has investigated the effectiveness of several passive cooling techniques for solar panels, including the placement of plants around the modules or coir pith underneath them, both of which, surprisingly, offered good performance in terms of temperature reduction and power yield.
Olectra wins 50 EV bus order for Gujarat
With the latest award, Hyderabad-based Olectra Greentech’s electric bus fleet size in Gujarat will grow to 250.
SJVN wins Bihar’s 200 MW solar tender with INR 3.11/kWh bid
The hydropower producer will sell the solar electricity generated from the plant to Bihar Renewable Energy Development Agency (BREDA) under a 25-year power purchase agreement.
ReNew Power to acquire 359 MW of solar, hydropower assets
The Haryana-based developer has agreed to acquire 260 MW of operating solar projects in Telangana and a 99 MW hydropower project in Uttarakhand for around INR 28.5 billion (US$ 384 million).
Sterling and Wilson Solar announces Q1 FY2022 results
The company’s revenue from EPC and operations and maintenance business stood at INR 1,195 crore, a 12% growth over the same period in the previous fiscal year. The gross margins remained suppressed owing to an increase in module and commodity prices.
Prime minister Narendra Modi announces National Hydrogen Mission
The prime minister said green hydrogen would play a significant role in achieving India’s decarbonization goals. He also announced the nation’s ambitions to become a global hub for green hydrogen production and export.
