Financing large scale renewables in emerging economies
pv magazine has taken part in a webinar examining the thorny issue of financing clean energy generation in developing markets.
India’s state power companies invited to develop 5 GW of solar
The PV projects – tendered under the Central Public Sector Undertaking scheme – will be entitled to government support through ‘viability gap funding’, with the level awarded determined by reverse-bidding auctions for the project capacity.
Total Eren and EDF Renewables secure $165 million for 450 MW solar project in India
Developer Eden Renewables India won the project, currently under construction in Rajasthan, in a Solar Energy Corporation of India (SECI) auction.
Indian coal miner plans 300 MW floating PV project
Singareni Collieries, an Indian state-run coal miner, plans to set up a 300 MW floating PV plant on a reservoir in the Indian state of Telangana.
Indian utility launches call for 500 MW of PV
GUVNL, an electric utility in the Indian state of Gujarat, is seeking project proposals through competitive bidding, followed by a reverse auction. Bidding closes on Feb. 23.
Wind-solar-storage hybrid offers cheaper electricity than new coal in India
A new report establishes the feasibility of wind-solar-storage hybrid projects over new coal plants in the Indian states with high renewable energy potential. Tamil Nadu was chosen for the technical and commercial assessment.
The Indian market for off-grid solar refrigeration
Standalone solar-powered refrigerators present a $20 billion opportunity in India for vaccine storage, milk chillers, households, micro enterprises, and cold storage for farm produce, according to a new report by Gogla.
Jenny Chase predicts up to 194 GW of solar this year
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
Floating solar plant online at Indian airport
The 452 kWp array features 1,300 photovoltaic panels across an acre of water split between two artificial lakes at the airport golf course.
IFC says green recovery could drive $2.5tn renewables market this decade
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
