The large-scale solar initiative, known as “Project Area 60,” marks Azerbaijan’s debut in the voluntary carbon market. It is also the first-ever large scale solar project overall in the country.
If India is to lead the global green energy revolution, the nation needs to take several key measures such as redirecting financial support from traditional energy sources to clean energy technologies, introduction of a well-structured carbon pricing mechanism, and incentivizing emerging technologies.
The solar pump contract follows the company’s recent win of solar panel supply orders worth INR 525.15 crore.
Italian startup Hybitat Srl has developed a hydrogen production and storage system for long-term storage of surplus residential and commercial solar power. The system includes a main unit with an electrolyzer and fuel cell, as well as a storage unit with 3 kg of hydrogen capacity and 100 kWh of energy capacity.
India’s climate policies on power, transport and residential sectors, such as scaling renewables to advancing energy efficiency and electric mobility, have already mitigated 440 million tonnes of carbon dioxide (MtCO2) between 2015 and 2020, and are on track to save 3,950 MtCO2 emissions between 2020 and 2030. However, achieving net-zero by 2070 needs bolder action.
Greenzo Energy’s order book has swelled to INR 1,900 crore with the latest addition of 120 MW solar EPC project worth INR 500 crore.
A random malware variant affected about 800 remote monitoring devices at ground-mounted PV plants in Japan in May 2024. Tokyo-based cybersecurity firm Girasol Energy has told pv magazine what happened and how PV asset owners can protect themselves against such incidents.
India installed about 17.4 GW of solar capacity from January to September 2024. This included about 13.2 GW from utility-scale PV installations, 3.2 GW rooftop projects and 1 GW offgrid/distributed PV capacity.
The U.S. Department of Energy’s latest solar cost model shows that residential solar prices are up, commercial solar is getting cheaper and utility-scale pricing remains flat. The addition of batteries increases costs by $1.75/W for residential projects and $0.75/W for larger installations.
Datta Infra, EG Energy (Enfinity Global), Gentari Renewables, Juniper Green, and Sunsure Energy have emerged winners in SJVN’s auction for 1.2 GW of wind-solar hybrid capacity.
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