India can leverage its solar and storage edge to avoid power shortages
Large-scale solar + storage deployment is the main option left to avoid power shortages, as they can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar + storage auction results, with a record low price of INR 3.4/kWh, show that such deployment will be highly economical, says a new study from the University of California’s India Energy and Climate Center.
AI-enabled solar installation robot
Maximo the robot will soon help to construct the 2 GW Bellefield solar project in California.
Waaree Renewable Q1 profit up 209% YoY
Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 236.35 crore and net profit of INR 28.16 crore for the first quarter of FY 2024-25.
New model to identify optimal power sizing ratio for solar inverters
Researchers in Malaysia have proposed a new approach to identify the optimal power sizing ratio to balance PV energy capture with inverter costs. The calibrated model is said to accurately reflect the relationship between inverter efficiency and real-world system behavior.
Future-proofing utilities: Strategies for navigating technological disruption in India
The adoption of smart technologies is reshaping the utilities industry, with a particular focus on smart grids. Smart grids leverage advanced sensors, Internet of Things (IoT) devices, and real-time data analytics to transform how electricity is generated, distributed, and consumed.
SJVN increases renewables-plus-storage tender capacity to 2.4 GW
SJVN has invited bids from renewable energy developers to supply 1.2 GW of firm and dispatchable power from RE projects with energy storage system, with greenshoe option of additional capacity up to 1.2 GW.
Reactive power management key to advancing grid stability
In its latest monthly column for pv magazine, IEA-PVPS provides a comprehensive overview of the state-of-the-art practices, best practices, and recommendations for managing reactive power amidst the growing integration of distributed energy resources (DERs). The article describes the regulatory frameworks and practical applications, underscoring the essential role of reactive power management in maintaining a stable and efficient power grid.
Japan’s 20th solar auction concludes with average final price of $0.029/kWh
Japan has allocated 93 MW of PV capacity in its latest procurement exercise. The lowest bid for a 1.9 MW solar project came in at JPY 4.5 ($0.029)/kWh, while the average final price was JPY 6.8/kWh.
Gensol Engineering wins INR 463 crore solar EPC project in Gujarat
Gensol Engineering has secured engineering, procurement and construction contract for an INR 463 crore solar plant at Khavda RE Power Park. The project was awarded by a leading private-sector power producer.
JSW Energy secures Letter of Intent for 192 MW wind-solar hybrid power project
JSW Neo Energy has received a letter of intent from Gujarat Urja Vikas Nigam Ltd to set up a 192 MW grid-connected hybrid wind-solar power project, including an additional 96 MW under the green shoe option.
