Corporate renewables purchases hit record 23.7 GW in 2020
The growth of the global renewables sector in 2020, despite the negative impact of the pandemic, underscores how companies are prioritizing sustainability, BloombergNEF says in a new report.
Sterling and Wilson commissions 25 MW solar project in Oman
The latest addition is the Indian multinational’s second project in Oman after a 125 MWp solar plant commissioned in June last year.
Coal miner Singareni Collieries mulling 300 MW floating solar
The floating solar capacity will come upon the reservoir of Manair Dam in Telangana and will be in addition to 300 MW PV plants being set up at the company areas.
Gujarat issues RfS for purchase of 500 MW solar power
The selection of developers to set up 500 MW solar project capacity and supply power to the Gujarat Urja Vikas Nigam Ltd will be done through competitive bidding followed by reverse auction. Bidding closes on February 23.
Bangladesh joins hydrogen energy race
The Bangladeshi government has launched a pilot hydrogen production project as part of its effort to reduce the country’s dependency on fossil fuels and accelerate the transition to clean energy.
Tata Power awarded 320 MW solar project for NTPC
The latest addition, worth around INR 1200 crore (US$162 million), takes the developer’s current order book to around INR 12,000 crore and a project pipeline of around 4 GWp.
The long read: Smarter robots to step up to service
On Dec. 1, Tel-Aviv based robotic cleaning provider Ecoppia launched an initial public offering on the Tel Aviv Stock Exchange. In doing so, the seven-year-old solar startup raised $83.8 million from public and institutional investors – although heavily slated toward the latter. Jean Scemama, who joined Ecoppia as CEO in April 2020, says the IPO will allow it to double down on R&D efforts and expand into the provision of services.
Wind-solar-storage hybrid offers cheaper electricity than new coal
A new report establishes the feasibility of wind-solar-storage hybrid projects over new coal plants in the Indian States with high renewable energy potential. Tamil Nadu was chosen for the techno-commercial assessment.
Madhya Pradesh tenders for 40 MW rooftop solar
Solar power developers are invited to install an aggregate 40 MW of grid-connected rooftop solar capacity upon different government departments and private institutions’ buildings. Bidding closes on February 17.
WoodMac predicts 30% drop in Asia-Pacific front-of-meter battery costs by 2025
A new Wood Mackenzie report suggests that costs for front-of-the-meter battery storage systems in the Asia-Pacific region could fall by 30% by 2025. The declining costs are already having a palpable impact, as 2021 has opened with a slew of large-scale battery project announcements.
