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.
Prime minister Narendra Modi lays foundation stone of 800 MW solar park in Chitrakoot
The 800 MW solar park will be developed by a joint venture of state-owned hydropower producer THDC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA).
Vikram Solar signs 152 MW module supply contract with NTPC
Vikram Solar will supply mono PERC bifacial PV modules to NTPC’s Nokh solar power project in Rajasthan. This order will take Vikram Solar’s cumulative NTPC portfolio to 947 MW.
Ambuja Cements commits INR 6,000 crore to 1 GW of solar, wind power projects
Ambuja Cements Ltd, part of the diversified Adani Group, plans investment in 750 MW of new renewable power generation capacity in Gujarat (600 MW solar and 150 MW wind) and a 250 MW solar power project in Rajasthan as it pursues cost reduction and environment sustainability across its cement manufacturing operations. The company will fund these projects through internal accruals.
Sineng Electric hits 10 GW of solar PV inverter shipments to India
The Chinese PV inverter manufacturer has surpassed 10 GW of solar inverter shipments in India.
Implementing robust O&M practices in the solar industry
Ensuring the reliable performance of solar PV systems demands a meticulous approach to essential solar operations and maintenance (O&M) practices. This encompasses not only the solar PV panels but also batteries, charge controllers, inverters, and all associated wiring and connections.
Sterling and Wilson Renewable Energy raises INR 1,500 crore through QIP
Sterling and Wilson Renewable Energy’s INR 1,500 crore ($180 million) qualified institutions placement issue received an overwhelming response from both domestic mutual funds and marquee global foreign institutional investors.
Batteries in hybrid hydro-PV systems could increase profitability by 2%
Researchers from Norway have discovered that adding batteries to projects that combine hydropower and floating PV could increase annual profits by as much as 2%, due to revenues from ancillary services and capacity markets.
Essar to develop 1 GW green hydrogen project in Gujarat
Essar Group will develop a 1 GW green hydrogen project in Gujarat with an estimated investment of INR 30,000 crore ($3.6 billion).
BluPine Energy achieves financial closure for 120 MW solar project in Gujarat
BluPine Energy has secured green loan financing from Standard Chartered for its 120 MW solar project in Gujarat.
