News In Brief March 19: US Solar Cell Plant, Tripura Solar Subsidy, Prysmian-Edison Deal,

news in briefs in renewables

Tripura Has Installed 12,800 Solar Plants: Power Minister

Tripura has already completed the installation of about 12,800 solar plants, according to state power minister, Ratan Lal Nath. He added that  the state will receive a subsidy of up to Rs 85,800 for 3-kilowatt solar plants. Under the scheme, Tripura offers residential electricity consumers will receive a subsidy of Rs 33,000 for spending Rs 65,000 on a 1 KW solar plant and Rs 66,000 for spending Rs 1.30 lakh on a 2 KW plant.

Prysmian and Edison Energia Sign RE Supply Agreement

Prysmian, a global cable solution provider and Edison Energia, an Edison Group company active in the supply of electricity and gas to businesses and families and value-added services to the retail segment, have signed a multi-year Corporate Power Purchase Agreement (PPA) for the supply of 100% renewable energy. The agreement marks an important step forward in Prysmian’s commitment to sustainability and reducing its CO2 emissions.

Edison Energia will supply Prysmian with approximately 25% of its current annual electricity consumption in Italy. The electricity will be produced by a newly built photovoltaic plant located in Viterbo province, Italy, with a total installed capacity of approximately 150 MWp (Megawatt-peak).

T1 Selects Texas For Building 5 GW US Solar Cell Facility 

T1 selects Milam County, Texas for a planned 5 GW U.S. solar cell manufacturing facility (G2 Austin). T1 has executed a lease and purchase option for 100 acres in Milam County, Texas, in the Advanced Manufacturing and Logistix Campus at Sandow Lakes.

G2 Austin is expected to be one of the largest solar manufacturing facilities in the US, with up to $850 million in capital investment. This project is projected to create up to 1,800 new direct American advanced manufacturing jobs, contingent upon successful completion of agreements for both state and local incentives.