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Gujarat Wind Developers Blame OEMs, Others For Higher Wind Tariff

Wind developers in Gujarat now have justified higher wind project tariffs, attributing this to the monopolistic attitude of Original Equipment Manufacturers (OEMs) and other price hikes in the market. The information was recently featured during the hearing of a case in the Gujarat Electricity Regulatory Commission (GERC). The case was related to the adoption of []

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My Vote Goes To String PV Inverters Against Central Inverters: Kevin George, Regional Sales Head, GoodWe

GoodWe is a leading global manufacturer and innovator of residential and commercial smart solar inverters, energy storage solutions and PV building materials. The brand stood among the top three solar PV inverters in Europe in 2022. Kevin George, Regional Sales Head, GoodWe (solar inverters in residential, C&I and utility sector) sheds light on the offerings []

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Waaree Renewable Collaborates With 5B Industries To Boost Utility-Scale PV Projects

Indian Solar EPC company--Waaree Renewable Technologies Limited announced a Long Form Heads of Agreement (LFHOA) with 5B Industries PTY LTD, an innovative solar solution company to accelerate the deployment of utility-grade solar power locally in India as well as in international markets with a US-compliant supply chain.  The collaboration is likely to open avenues for []

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First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act

First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction []

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The Success Story of Solar Lighting in Rural Landscapes

By Shashank Donthi, CEO of Hynetic Electronics Solar lighting in rural landscapes have gained popularity and extensive deployment in India due to their eco-friendly nature and cost-effectiveness. These lights harness solar energy during the day using photovoltaic panels and store it in batteries for illumination during the night. Indias rural communities form the foundation of []

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Vestas Nets 1.38 GW Norfolk Vanguard West Offshore Wind Project

Vattenfall, the Swedish renewable energy company, has chosen Vestas, the Danish wind turbine manufacturer, as the preferred supplier for the Norfolk Vanguard West project in UK, which boasts a capacity of 1.38 gigawatts (GW). As part of the preferred supplier agreement for the Norfolk Vanguard West project, Vestas will provide 92 V236-15 MW offshore wind []

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Promoters To Invest Rs 9,350 Crore Equity In Adani Green

Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations.  The issuance is subject []

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Solar Faces Challenges in Procurement, Supply Chain Strategy: Rystad

Rystad in its report lays importance on the need for development of procurement strategy for leading supply chain strategy, while prioritizing cost-effectiveness and sustainability. The report finds the supply chains system for oil and gas equipment and services to be relatively fragmented and geographically diverse. It found to be spread with suppliers coming from Europe, []

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Frances CRE PPE2 Tender Allocates 104.4 MW Solar Projects to Neoen

Neoen, a French renewable energy producer, has initiated the construction of four solar projects totaling 104.4 MWp won in PPE2 tender. This move cements Neoens position among the top awardees in the recent call for tenders by the French Energy Regulation Commission (CRE), known as PPE2. Among the awarded projects, three incorporate an agrivoltaic approach, []

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