Solar system prices to rise – then fall – in 2021, with another record year anticipated
IHS Markit is predicting the world will add 30% more solar capacity this year.
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.
World could add up to 194 GW of solar this year
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
IFC says green recovery could drive $2.5tn renewables market this decade
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
Hartek Solar commissions rooftop PV project for a hospital
The EPC firm has synced the solar plant with a smart grid-interactive inverter system, which will enable the hospital to run its medical emergency services and diagnostic facilities without any glitches.
Floating solar plant operational at Cochin Airport
The 452 kWp array features 1,300 photovoltaic panels across an acre of water split between two artificial lakes at the airport golf course.
SECI tenders 25 MW solar for coal miner BCCL
Domestic bids are invited to set up a 25 MW (AC) grid-connected solar plant at Bharat Coking Coal Limited’s Bhojudih Coal Washery in West Bengal. Bidding closes on March 10.
New method to build microgrids based on solar, hydrogen
The use of polymer electrolyte membrane fuel cells as backup power generation in solar microgrids could drive down costs and improve efficiency, according to an international group of researchers. They have proposed a new energy management system that could be ideal for hybrid solar-hydrogen microgrids in remote locations.
Catalyzing the growth of rooftop solar in India
Challenges like frequent policy and regulatory changes, high capital costs, low awareness, non-uniformity in approval processes across states, restriction on net metering, and additional charges by DISCOMs need to be addressed for rooftop solar to take off in India.
KPI Global signs solar power supply agreement for 2.5 MW
The Gujarat-based solar developer has signed solar power supply agreements with textile manufacturer Ginni Filaments Limited (for 1.2 MW) and Sankalp Paper Industries (1.3 MW).
