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NHPC Issues 2 Solar Power Tenders For 100 MW And 500 Mw In Tamil Nadu

Stepping up the pace after its 100 MW floating solar tender early this week, NHPC (National Hydroelectric Power Corporation) has issued two tenders, for a 100 MW and a 500 MW solar project. Both projects are to be located in Tamil Nadu. With these, the pace of solar development returns to Tamil Nadu, after a […]

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Will Concentrated Solar Power be Reborn? Report Says Yes

Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, […]

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Scientists Make Bifacial Solar Cell with Record Power Output at 29%

A team of scientists at the Australian National University (ANU) have used laser processing to produce a record-breaking bifacial solar cell with a front conversion efficiency of 24.3% and a rear conversion efficiency of 23.4%, representing a bifacial factor of 96.3%. This performance represents an effective power output of approximately 29%, well exceeding the performance of the […]

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UP Regulator Eases Power Procurement From Exchanges For Industry

The Uttar Pradesh Electricity Regulatory Commission, in its recent tariff order dated 29th July 21 for the financial year 2022 has made some key changes that could have a positive impact on the industry as well as renewable energy projects in the state. The regulator announced a reduction of up to 64 paise per unit […]

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IKEA To Start Selling Renewable Electricity To Swedish Households

IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […]

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ACWA Power Achieves Financial Close for 1500 MW Sudair Solar Plant

ACWA Power, based in Saudi Arabia, has announced the financial close for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program in the country. The program aims to support Saudi Arabia’s ongoing energy transition and diversification, and to deliver 70% of the country’s renewable energy under […]

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100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India

In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […]

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Appliance Maker Stovekraft Is Greener With Solar Power Now

Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […]

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Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575%

Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […]

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