The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
Scientists measuring air pollutants and PV performance in Delhi have found the lockdown conditions imposed in the Indian capital since late March have brought about a significant reduction in air pollution which has led to an 8% increase in solar irradiation reaching rooftop arrays.
The Japanese brand has closed the initial $6.85 billion purchase price for 80% of the Power Grids business that was owned by ABB. The buyer will have the option of purchasing the outstanding shares in 2023.
Canadian Solar has unveiled its newest line of PV modules, with maximum power ratings of up to 590 W. Trina Solar, meanwhile, has signed a deal to supply PV modules for almost 1 GW of capacity throughout the world.
Developers have until Sept. 1 to bid for capacity along railway tracks and on company-owned land across a number of Indian states.
A study into the clean energy tech innovation rate required to keep global heating under control may suggest concepts such as lithium-air could yet keep us to the mid-century ambition, but it is also starting to contemplate the temperature rise to be expected if we only achieve net-zero by 2070.
The Spanish developer, which will sell solar energy at an Indian record low tariff of €0.028/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.
Developers from France and Germany and investors with access to cheap U.S. and U.K. finance were among the winners in a 2 GW procurement round which saw Spanish company Solarpack lodge a record-low price for Indian solar power of $0.031/kWh.
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