Larsen & Toubro (L&T) has secured the contract to build a 185 MW grid-connected solar PV plant along with a 254 MWh battery energy storage system in the Lakshisarai district of Bihar.
Reliable assessment of the local solar radiation resource is a major component of large-scale PV power plant project development and financing. This assessment is usually based on the assumption that the long-term average annual solar radiation from previous years is not significantly different from the expected future solar resource availability. In many areas of the globe, the solar radiation availability in 2023 was considerably higher (up to 10-12%) than the long-term average, and this might be overshadowing the fact that a large fraction of utility-scale PV power plants is undeperforming.
California startup Planted Solar uses construction robots and high-density arrays to deliver what the company says are higher energy outputs and lower balance of system costs.
Solar Energy Corp. of India (SECI) has announced third bidding extension for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh.
Next decade will see Adani Group invest more than $100 billion in the energy transition space and further expand its integrated renewable energy value chain—chairman Gautam Adani at CRISIL Ratings Annual Infrastructure Summit 2024.
International Finance Corp. (IFC) has committed $105 million to Brookfield Asset Management’s 550 MWp solar power project in the Bikaner district of Rajasthan.
Maharashtra State Power Generation Co. Ltd. (Mahagenco) has invited bids for setting up a 65 MW AC grid-interactive solar plant on EPC basis in Maharashtra. Bidding closes on July 30.
Antaisolar will supply its 1P single-axis trackers for 294 MWp of NTPC’s Nokh solar project. The project is being executed by Larsen & Toubro on EPC basis.
SolarPower Europe forecasts more than 1 TW of annual solar installations by 2028, but financing and energy system flexibility must be unlocked.
Bernreuter Research says low module prices will drive demand in the second half of this year. The researchers note the shipment targets of the world’s six largest solar module suppliers, who are aiming for an annual growth rate of 40% on average.
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