Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
With biodiversity concerns and social impacts such as arguments over the loss of agricultural land delaying projects, non-profit The Nature Conservancy India has published a report to help developers choose their locations more carefully and get India’s energy transition back on track.
Indian company Mahindra Susten will provide engineering, procurement and construction services on a $1.7m, 3.1 MW array for a German-Bangladeshi knitwear company which will buy the power generated for $0.077/kWh.
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
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