Wood Mackenzie forecasts 77 GW of floating solar globally by 2033
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.
Tata Power Renewable Energy commissions 126 MW floating solar project in Madhya Pradesh
The 126 MW floating solar installation in Omkareshwar features 213,460 bifacial glass-to-glass modules.
EKI Energy Services registers 24.7 MW floating solar project in the voluntary carbon market
The 24.7 MW floating solar project, developed by Greenam Energy for captive usage, is also said to be the first of its kind to be registered under the verified carbon standard (VCS) globally.
Rayzon Solar secures 216 MW PV module supply contract with Larsen & Toubro
Rayzon Solar will supply 216 MW of its PV modules for floating solar projects in Panchet and Ramagundam, and a ground-based project in Bihar, being executed by Larsen & Toubro on a turnkey basis.
Power-generating breakwaters for floating photovoltaics
Scientists from Singapore have designed new floating breakwaters integrating wave energy converters that can be used to reduce the impact of waves on offshore PV systems. Their analysis showed that the wave energy systems can achieve the highest additional power output when the wavelength is shorter.
NHPC, APGENCO sign JV agreement for renewables, pumped storage development
The joint venture company of NHPC and Andhra Pradesh Power Generation Corp. Ltd (APGENCO) will implement pumped hydro storage and renewable energy (solar and wind) projects in Andhra Pradesh in phases.
SJVN signs MoUs for 8.1 GW of pumped storage, 505 MW floating solar in Maharashtra
SJVN Ltd has signed Memorandums of Understandings with the Government of Maharashtra to develop 8.1 GW of pumped storage projects and 505 MW floating solar projects in the state of Maharashtra.
New method to identify optimal floating PV sites
Researchers in Spain have created a novel method to select within a set of water bodies those where the investment in floating PV could be most beneficial. They combined geographic information systems, multi-criteria analysis, and intelligent optimization. The new approach reportedly results up to 8.4% better LCOE compared to conventional methods.
L&T creates renewable EPC vertical
Larsen & Toubro (L&T) has carved out renewable business vertical amid energy transition led growth in its infrastructure segment.
Ciel & Terre, Amplus complete 4.1 MWp floating solar installation for Ultratech Cement
Ciel & Terre India and Amplus KN One Power have completed a 4.096 MWp floating solar installation for captive consumption by UltraTech Cement’s Awarpur unit in Maharashtra.
