Nearly 19 GW of renewable energy capacity tendered by state body the Solar Energy Corporation of India is on hold due to electric distribution companies’ unwillingness to sign the power purchase agreements. Manufacturing-linked solar projects alone account for a 63% share of the capacity in limbo.
A 50 MW project is being planned by French company Legendre Energie and a 33 MW facility is under development by Scatec.
Saudi power company ACWA Power today revealed it has signed a 25-year power purchase agreement with the Egyptian Electricity Transmission Company and said development was on track for generation to start before October next year.
The new company, which will be majority-owned by the Spanish insurance group, is currently developing 130 MW of photovoltaic projects across Spain.
The poly making parent company says it needs extra time to finalize its 2020 figures so trading in the stock appears likely to remain suspended for the rest of the week. GCL is due to complete the paperwork related to a proposed debt restructure this month.
The latest set of clean energy statistics compiled by the International Renewable Energy Agency signal a changing of the guard when it comes to clean power, with legacy hydropower facilities overtaken by new intermittent renewables.
French module manufacturer Systovi has developed a smart water heater that can forecast the weather, store surplus green electricity, and return it in the form of hot water, according to household needs.
The new solar tracker from PVH was specifically designed to be compatible with large-format modules and was developed in static and aeroelastic wind tunnels.
Pine Gate Renewables has announced plans to deploy 9 MW of solar and 36 MWh of storage above a commercial cranberry bog.
The approach taken at a 13.7 MW Canadian solar park redirects and concentrates otherwise discarded light onto the PV cells.
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