EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.
The central government plans setting up of a 10 MW grid-connected solar project and various off-grid applications like solar trees and solar drinking water kiosks to meet all the energy requirements of Konark town.
The developer wants to cancel the power purchase agreement it signed in 2018 for a 600 MW project awarded at a tariff of Rs2.44/kWh, as it fears Covid-19-affected commissioning of the project will stretch beyond the six-month extension from the scheduled date enshrined in the agreement.
Fenice Investment Group will subscribe to compulsorily convertible preference shares (CCPS) of SILRES Energy Solutions at Rs 10 per CCPS. The investment is expected to complete by May 25.
The electricity generated from the ‘Capex’ mode solar project shall be used to support the HAL office infrastructure. Commissioning period is three months.
The inefficiency and irregularity of cleaning the solar panels manually, and the associated use of water defeat the purpose of shifting to renewable energies.
The integrated power producer, which has 138 MW of operational solar capacity and 2730 MW of state-of-the-art gas based power plants, sees opportunity of flexible generation to sell pooled round-the-clock power [renewable + gas] at competitive cost on a long-term basis.
In its largest order in Australia, the Indian multinational company has bagged Rs 2600-crore (AUD 525 million) EPC work along with Rs 415-crore (AUD 85 million) operations and maintenance job.
As importing solar cells becomes costlier and time-consuming in the Covid-19 scenario, most of the module manufacturers in India are eyeing solar cell production—says Loom Solar co-founder and director Amol Anand in an interview with pv magazine.
June 11 is the new deadline to bid for supply of the balance-of-system (BOS), installation and commissioning of 735 (3×245 MW) Nokh Solar Park project in Jaisalmer district.
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