IEA low-balls solar growth (again)
The agency’s base case expects relatively flat growth in solar deployment over the next six years, but for solar to still dominate growth among renewable technologies. The agency’s estimates are again below those of major market analysts.
Indian coal companies plan 3 GW of solar
In a memorandum of understanding, NLC India Limited (NLCIL) and Coal India Limited (CIL) have said they will install 3 GW of solar projects and 2 GW of thermal power projects in India.
IPCC: 1.5°C limit needs rapid and far-reaching action but enables SDG progress
The Intergovernmental Panel on Climate Change (IPCC) has released a new report on different ways global warming can be kept within the 1.5°C limit. The panel seeks to inform policymakers before the upcoming COP24 in Poland this December. Resulting from their analysis, the 91 authors state that drastic action and significant investments are needed. Such climate action across all sectors would have significant positive effects on sustainable development progress, they say.
Gujarat will soon tender 250 MW solar+storage capacity
Saurabhbhai Patel, Minister of Energy, Government of Gujarat, has announced that the state will soon issue a 250 MW grid-connected solar tender linked with storage. He also said that Gujarat will add more than 5 GW of new PV capacity in the next three years.
620 MW commissioned at Bhadla Solar Park
With the commissioning of 620 MW by three companies, the total capacity of Rajasthan’s Bhadla Solar Park has reached 1,365 MW, Rajasthan Renewable Energy Corporation Ltd (RRECL) announced.
The long read: A factor of 10
Solar power plants not only need to be built, but also operated, monitored, and maintained. Many approaches to digitalization promise to make these plant management processes significantly more efficient – up to a factor of 10.
Madhya Pradesh: Historic low tariff, 1.5 GW project
With the announcement of a historic low tariff of Rs 1.38 ($0.019) per unit for a rooftop PV project and a new 1.5 GW solar project, Madhya Pradesh has upped its solar game plan.
Belectric awarded 250 MW PV project in Karnataka
Germany-based Belectric Solar and Battery GmbH has been awarded a 250 MW AC solar PV project by Fortum Solar India Private Limited. It will be built in the state of Karnataka.
Azure closes financing for 300 MW of PV, signs 415 PPAs
Azure Power has announced the early closing of a financing deal worth INR 4 billion (around US$58 million) for a 100 MW solar plant in the Indian state of Karnataka; and INR 6 billion (around $88 million) for a 200 MW solar power plant in Rajasthan. It also signed 415 rooftop solar PPAs in Madhya Pradesh.
Gujarat tenders 700 MW without capping tariff
Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 700 MW of grid-connected solar PV power projects to be set up under Phase III of the Raghanesda Solar Park, located in the state. No upper tariff limit has been set.
