Gujarat State Electricity Corp. Ltd (GSECL) is looking to assess the feasibility of 14,210 MW of pumped storage projects across 16 locations in Gujarat. It has also tendered EPC of 110 MW floating solar in the state.
Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.
Avaada Group has committed INR 20,700 crore for setting up 1.5 GW of floating solar projects, two 1 GW pumped storage projects, and green energy equipment manufacturing units in the Indian state of Odisha.
Researchers in Italy have analyzed the techno-economic viability of enhancing three pumped hydro plants in Italy with floating PV on the lower basin. They say that, with their wide results, consequences could be extrapolated to similar regions.
Scientists in Saudi Arabia have assessed the techno-economical feasibility of floating PV plants at three different dams and have found that such projects could have a return on investment of 12 to 13 years.
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited Expression of interest (EOI) from developers to set up floating solar PV projects on a build-own-operate basis at 35 dams and reservoirs identified in the state of Uttar Pradesh.
Researchers from Egypt and the UK developed a new floating PV system concept that utilizes compressed air for energy storage. The system has a roundtrip efficiency of 34.1% and an exergy efficiency of 41%.
Damodar Valley Corp. (DVC) is accepting bids to set up a 234 MW (AC) grid-tied floating solar PV plant on DVC’s Maithon Dam Reservoir in Jharkhand. Bidding closes on Jan. 7.
THDC India Ltd has invited Expression of Interest (EOI) from technical consulting agencies for preparation of detailed project report of floating solar power projects at various locations across India.
Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.
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