Large batteries with grid-forming inverters can increase renewables hosting capacity
Researchers recommended that transmission system operators consider adopting grid-forming battery energy storage systems system-wide to improve grid stability and to maximize system hosting capacity for solar and wind generation.
Gujarat seeks consultant for 14.2 GW of pumped storage projects, tenders 110 MW floating solar EPC
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.
Sineng Electric supplies central inverters for ArcelorMittal Nippon Steel’s RE project in Andhra Pradesh
Sineng Electric supplied 184 units of its 3.3 MW central inverter (EP-3300-HB-UD), delivering a cumulative capacity of 606 MW AC.
Global utility-scale solar additions hit 182 GW in 2024
Utility-scale solar installations reached 182 GW (AC) in 2024, with the top 33 countries now accounting for 765 GW, or roughly 93% of the global total, according to Wiki-Solar.
LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.
ONGC NTPC Green acquires Ayana Renewable Power
ONGC NTPC Green, a joint venture of ONGC Green and NTPC Green Energy, has signed the agreement to acquire a 100% equity stake in Ayana Renewable Power (Ayana) for INR 195 billion ($2.3 billion).
ACME Solar Holdings reassigned A+/Positive credit rating by Crisil
Acme Solar Holdings Ltd has been reassigned ‘Crisil A+/Positive’ rating for its long-term bank loan facilities of INR 200 crore.
TCIL seeks EPC partner for 120 MW solar project in Bhutan
Telecommunications Consultants India Ltd has floated a Request for Proposal (RFP) for the selection of a consortium partner for design, supply, installation, testing and commissioning of 120 MWp Jamjee solar PV project in Thimphu.
Germany allocates 2.15 GW in latest PV tender, final average price for first time under €0.05/kWh since 2019
Germany’s latest auction for utility-scale solar concluded with prices ranging from €0.0388 ($0.0400)/kWh to €0.0495/kWh. The procurement exercise was significantly oversubscribed.
Juniper Green raises $1 billion in debt financing to expand its clean energy portfolio
Juniper Green Energy has secured $1 billion in phased debt financing to support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects.
