Promoters to invest $1,125 million equity in Adani Green
Adani Green Energy Ltd stated the funds will be utilized for deleveraging and accelerated capital expenditure to achieve 45 GW of renewable energy capacity by 2030.
Hartek secures 400 kV substation order for SPRNG Energy’s 300 MW solar plant
The substation will support a 300 MW solar power plant at Ramsan Village in the Indian state of Gujarat.
A look back at solar in 2023
The Indian government has demonstrated a robust commitment to advancing solar energy by implementing various strategic initiatives.
Adani Green concludes PPA tie-up for entire 8 GW of solar capacity won under SECI’s manufacturing-linked tender
With the signing of the balance 1,799 MW PPA recently, Adani Green Energy Ltd has completed the power offtake tie-up for the entire 8 GW of PV projects secured under Solar Energy Corp of India’s manufacturing-linked tender.
PFC Consulting allocates 1.25 GW of solar for $0.030/kWh
NTPC Renewable Energy has secured 900 MW in PFC Consulting’s 1.25 GW solar auction. Acme Cleantech won 300 MW and Solarcraft 50 MW.
SECI wraps up 1 GW solar tender with $0.030/kWh tariff
Avaada, ReNew, Sprng Energy, and Solarcraft (Blupine) have emerged winners in Solar Energy Corp. of India’s 1 GW solar PV auction.
Master-slave technique for deploying parallel inverters in PV systems
Scientists in Czechia have proposed to use parallel inverters in PV systems to not only reduce instability, but also to increase power yield. The proposed approach reportedly results in higher maximum power point tracking (MPPT) performance.
Serentica Renewables advances 1.5 GW round-the-clock renewable power project
Serentica Renewables has deployed the first set of solar PV modules and wind turbines under its project to deliver 1.5 GW of round-the-clock renewable power to industrial consumers.
“Energy security of the nation can’t be achieved with renewables alone”: Power minister
RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.
Germany sets new ceiling prices for solar auctions
The German grid agency has set a ceiling price of €0.0737 ($0.081)/kWh for ground-mounted PV and €0.1050/kWh for rooftop solar installations.
