A game of risk
The rising popularity of “baseload” power purchase agreements (PPAs) has posed questions to solar electricity suppliers in the German market. How can projects that do not generate at night, and with wide seasonal output variation, effectively supply constant power to consumers? More importantly, who shoulders the price risk?
India added 3.3 GW of solar in Q3 2022
India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations
“Commercial rooftop solar is growing by leaps and bounds”
Panasonic Life Solutions India provides “Made-in-India” solar modules and high-quality solar EPC solutions for commercial and industrial consumers. Targeting an increased share of the Indian rooftop PV market, it plans to include solar-plus-storage solutions for industrial consumers and residential solar kits in its offerings. Amit Barve, business unit head of solar at Panasonic Life Solutions India, speaks to pv magazine about the Indian market and their plans for future growth.
IRENA releases all-Africa dataset of locations for solar, wind
The International Renewable Energy Agency (IRENA) has published a dataset with 10,905 sites for PV deployment across Africa, with an estimated total capacity of 4.9 TW.
Ernst & Young again ranks India as world’s most attractive solar market
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
Mahindra & Mahindra forms a new solar subsidiary
Mahindra & Mahindra has incorporated Emergent Solren as a wholly-owned subsidiary of its arm Mahindra Holdings.
Amazon India partners TVS Motor on EVs for last-mile deliveries
The e-commerce giant will add TVS Motor’s electric two- and three-wheelers to its existing delivery fleet.
New solar capacity 10 times cheaper than gas, says Rystad
Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price levels and compares it to the LCOE of solar PV and wind.
Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA
The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.
SunEdison changes its name to Refex Renewables & Infrastructure
Tamil Nadu-headquartered SunEdison Infrastructure Ltd will now be known as Refex Renewables & Infrastructure Ltd.
