Azure Power secures Letter of Award for 2 GW Greenshoe option
With this, the NYSE-listed developer has been awarded 4 GW in total as part of an auction won in December, which is one of the largest solar projects ever awarded globally.
Commercial and industrial rooftop solar set to surge
Rooftop solar is the obvious choice to save on electricity costs for businesses as they look to preserve capital and find ways to cut expenses post Covid-19.
Fourth Partner Energy raises US$15 million from Swiss investor responsAbility
The Hyderabad-headquartered developer will utilize the debt funding towards construction of upcoming projects for its clients as it aims to add around 350 MW capacity across both open-access and distributed solar portfolios this fiscal year.
India installed 7.6 GW of solar in the last fiscal year, and plans another 8 GW by April
Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
India to have 60% electricity generation from renewables by 2030
To support renewable energy integration, the government aims to make the thermal capacity flexible, almost 55% in the first stage and gradually extend it to the entire capacity.
NHPC, GEDCOL sign MoU to develop 500 MW floating solar in Odisha
The two entities shall form a joint venture to plan and develop an aggregate 500 MW of floating solar capacity in a phased manner, preferably in 50 MW packages, in the state.
Solar causes highest power peaks under mixed-cloud conditions
Dutch researchers have shown that power peaks caused by solar generation may be stronger under partial cloudiness than clear skies. According to their findings, mixed-cloud conditions can enhance PV power production due to light reflected off clouds, as well as their intermittent shadows on arrays, which reduce module temperatures.
CleanMax installs wind-solar hybrid plant for US food major’s Karnataka facility
The 15 MW wind-solar project—set up in captive mode—will meet close to 70% of Cargill’s Davangere facility’s electricity needs.
SECI opens tender for 1.07 GW grid-connected solar in Rajasthan
Single developers can bid for any quantity from 10 MW up to whole of the tendered capacity (1070 MW). The projects—to be set up on ‘build-own-operate’ basis—can be located anywhere in the State. August 31 is the deadline for bid submission.
Impact of strained India-China relationship on the solar sector
India’s entire solar industry is dependent on Chinese imports to function. Hence, there is a comprehensive need to relook at the current policies and focus on building wafers and ingots capacity that will be used to manufacture the cells and eventually, modules.
