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solar energy

Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project

Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […]

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Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way

The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […]

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European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark

A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months.  Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […]

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Holtec Unveils Nuclear-Solar Hybrid Plant Design For Emission Reduction

A United States (US) based company Holtec International which is an equipment and systems supplier for the energy industry recently developed a combined nuclear/solar plant (CNSP) power plant design. It melds the benefits of nuclear (high energy density, non-polluting, base load) with those of solar (zero fuel cost, minor regulatory barriers). It claims to be […]

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Hybrid Perovskite Solar Cells Achieve 26 Percent Efficiency: Researchers

The United States (US) based team led by Northwestern Chemistry and Northwestern Engineering researchers have recently developed a method that moves hybrid perovskite solar cells (PSCs) closer to industry adoption and widespread use.  The organic-inorganic hybrid (PSCs) solar cells have shown promise to produce renewable solar energy. In small samples, they have achieved a solar […]

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Tamil Nadu Cements Corporation Issues Tender For 20 MW Solar Plant at Virudhunagar Cement Work Site

As the generation and usage of renewable energy comes under focus in Tamil Nadu, the state’s cement corporation has sought bids for the installation of 20 MW solar power plant at Alangulam Cement Works in Virudhunagar district. The tender document by the cement corporation also mentioned about the engagement of a consultant for the meticulous […]

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Tata Power Solar Cross ₹ 3,500 Cr Customer Financing Bolstering Solar Adoption

Tata Power Solar Systems Limited (TPSSL), wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has facilitated over ₹ 3,500 crore of customer financing for solar projects during the last 4.5 years. This has led Tata Power to emerge as the nation’s most preferred green energy partner which is mainstreaming the […]

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China’s LONGi Inks Deal With Spain’s Naturgy To Supply 1 Million Solar Modules

China-based solar technology firm LONGi and Spain-based energy utility firm Naturgy have signed a new module shipment agreement for Naturgy’s 2024 solar projects in Spain. As part of the agreement, LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules will […]

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SJVN Issues Tender For 1500 MW Wind-Solar Hybrid ISTS Project

SJVN Limited has issued a tender for a 1,500 MW wind-solar hybrid project. The Central PSU plans to allocate this project to the Inter-State Transmission System (ISTS). The entity plans to select hybrid project developers under tariff-based competitive bidding. The tender document said that the successful bidders will sign a 25-year Power Purchase Agreement (PPA) with […]

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