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Oct 54 min read

OneShot: A quick view on Renewable energy NEWS.


SJVN to develop pumped storage, floating solar projects in Maharashtra :


India's solar PV module manufacturing capacity has increased from 2.3 GW to 67 GW in the last 10 years because of measures taken under Make In India initiatives, the Ministry of Renewable said.


 

How solar panels, inverters, and batteries work together to save your money :


The second pact was signed with Maharashtra State Power Generation Company (MAHAGENCO) for development of a 505 MW floating solar project at lower Wardha Dam in the state. The project will be developed in two phases, the first phase being of 100 MW.


 

AGEL, TotalEnergies form JV :


Adani Green Energy Ltd (AGEL) on Thursday announced that it has completed signing a 50:50 joint venture (JV) with TotalEnergies, according to an exchange filing. As part of the JV, TotalEnergies has invested USD 444 million in its subsidiary to acquire a 50 per cent stake in AGEL's solar projects located at the world's largest renewable energy plant in Khavda, Gujarat, the filing said.


 

Hartek crosses 10 GW solar milestone :


Hartek, from its Power System, T&D business unit has built EHV / HV substations up to 400 KV for large IPP, utilities strengthening the grid infrastructure and accelerating the energy transition to renewables. From its Solar EPC business it partners with developers for complete turnkey solar EPC both ground mount and rooftop. The Rooftop solar business unit is among the Top4 companies in India. The combined capacity across all business units has crossed 10 GW.


 

Saatvik Solar seeks Rs 1,000 crore PE funding for expansion :


Saatvik Green is the holding company of the Gurgaon-headquartered group. Its wholly-owned subsidiary Saatvik Solar houses solar gear manufacturing while the other subsidiary, Saatvik EPC, manages the engineering, procurement, and construction business.


 

India's solar PV module manufacturing capacity increases from 2.3 GW to 67 GW under 10 years of Make In India :


India's solar PV module manufacturing capacity has increased from 2.3 GW to 67 GW in the last 10 years because of measures taken under Make In India initiatives, the Ministry of Renewable said.


 

Wind and solar power capacity must grow five times to meet climate goals :


The study, conducted by Climate Analytics and New Climate Institute, examined 11 countries accounting for over 70% of current wind and solar capacity. To meet climate goals, these technologies must grow five-fold by 2030 and eight-fold by 2035, a pace three times faster than current annual rates.


 

GE Vernova Set To Supply 51.3 MW Wind Energy To Powerica :


US-based wind energy company GE Vernova recently signed an agreement to supply 51.3 MW of wind turbines to Powerica in Gujarat. For its 51.3 MW project in Devbhumi Dwarka, Gujarat, Powerica has chosen to install 19 GE Vernova 2.7 MW-132 wind turbine generators (WTGs).


 

Zetwerk Gets 1515 MW Module Contract From NTPC To Supply PV Modules :


Bengaluru based Contract manufacturing marketplace Zetwerk has received a second, major contact from NTPC Renewables to supply 1515 MWp of ALMM-compliant solar PV modules for the 1200 MW Khavda Solar project in Gujarat.


 

NTPC REL Floats 1 GW Land, Power Evacuation Tender In Karnataka :


NTPC Renewable Energy Limited (NTPC REL) has released a tender for a land and power evacuation package to develop 1 GW (1000 MW) ISTS-connected solar PV projects in the Bidar Region in Karnataka. The tender sets October 24th as the last date for bid submission.


 

Overview of major projects and schemes :


India’s utility-scale solar space continues to grow at a rapid pace, supported by a transparent and competitive bidding mechanism, an expanding solar industry, willing offtakers and an enthusiastic and deep-pocketed developer base. The country’s cumulative solar power capacity has reached 87.21 GW as of July 2024, with ground-mounted solar forming the  bulk of the capacity at 67.52 GW. There is a huge gap, in terms of capacity, between rooftop solar (just 13.4 GW) and ground-mounted solar.


 

Manufacturers Seek ALMM-Type Mandate for Solar Ancillary Components :


Manufacturers say protection against cheap imports is a must for a robust local solar supply chain Indian solar ancillary component manufacturers have urged the Ministry of New and Renewable Energy (MNRE) to mandate the use of domestically manufactured solar components in government projects to create a robust local supply chain and reduce the reliance on imports.

 

CERC Adopts Tariff for 1500 MW Solar Projects :


solar projects connected to the inter-state transmission system. The Commission said trading margins will be determined per the power sale agreement between NTPC and distribution licensees. On July 25, 2023, NTPC issued a request for selection to establish 1,500 MW ISTS-connected solar power projects under tariff-based competitive bidding. NTPC received six bids for an aggregate capacity of 2250 MW. As per the eligibility criteria, five bidders were shortlisted for the e-reverse auction.


 

Solis Celebrates 19 Years of Innovation and Global Leadership in Solar Technology :


Since its inception in 2005, Solis has earned the trust of customers worldwide by maintaining a customer-centric approach and a steadfast commitment to sustainable technological leadership. These core principles have been instrumental in driving the company’s success and have solidified its reputation for excellence over the past 19 years.


 

Overview of major projects and schemes :


The solar power space is growing at a rapid pace, witnessing the highest capacity additions amongst all renewable energy as well as conventional sources. Already, 5 GW of total solar power capacity has been installed this year (April-July 2024), much more than wind, which has seen just 1 GW; small hydro and bioenergy (meagre amounts); and thermal or hydropower (nil).


 

SJVN Ltd and Maharashtra Government Collaborate on 8.1 GW Pumped Storage and 505 MW Floating Solar Projects for Sustainable Energy Growth :


In a significant move towards enhancing renewable energy infrastructure, SJVN Ltd, a state-run hydropower producer, has partnered with the Government of Maharashtra through two pivotal Memorandums of Understanding (MoUs). These agreements aim to develop an impressive 8.1 GW of pumped storage projects and a 505 MW floating solar project within the state.




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