May 25, 2024 admin
May 25, 2024 admin
May 25, 2024 admin

Adani Solar to expand its business base in Kerala

​​Adani Solar said it will be installing a 225 MW solar power plant in Purapura in one year and has set up a warehouse in Coimbatore for faster delivery of the panels in Kerala and Tamil Nadu. “We are expanding our business in Kerala.

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May 24, 2024 admin

Entergy Louisiana Solar Expansion Proposal Approved

Entergy Louisiana‘s proposal to add up to 3 GW of solar power to its generation portfolio has been approved by the Louisiana Public Service Commission, marking what the company says is the largest renewable power expansion in state history.

“This approval underscores our commitment to meeting operational and sustainability needs, driving economic development and protecting the environment,” says Phillip May, Entergy Louisiana president and CEO.

“It’s a significant win for the future of our state. I want to thank everyone who helped see this proposal come to fruition, including our local officials and regulators.”

The approval is set to enable construction of several solar resources within Louisiana.

The post Entergy Louisiana Solar Expansion Proposal Approved appeared first on Solar Industry.

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Author: Kimberly Warner-Cohen

May 24, 2024 admin

Apraava, Avaada, ReNew, JSW Win NTPC’s 1.5 GW Tranche III Solar Auction

Apraava Energy, Avaada Energy, ReNew Solar Power (ReNew), and JSW Neo Energy (JSW Energy) have won NTPC’s auction to set up 1,500 MW of interstate transmission system (ISTS)-connected solar power projects (Tranche III) across India.

Apraava quoted the lowest tariff of ₹2.68 (~$0.0322)/kWh to win 50 MW.  Avaada and ReNew won 750 MW and 300 MW, respectively, at a tariff of ₹2.69 (~$0.0323)/kWh.

JSW was awarded 400 MW out of the 700 MW quoted capacity at a tariff of ₹2.69 (~$0.0323)/kWh.

NTPC floated the tender in February 2024.

In NTPC’s Tranche II auction to set up 1,500 MW ISTS-connected solar projects in March, Furies Solren (Mahindra Susten), JSW Neo Energy, and Avaada Energy were declared winners.

Furies Solren quoted the lowest tariff of ₹2.59 (~$0.0312)/kWh to win 300 MW. JSW Neo Energy won 700 MW at a tariff of ₹2.6 (~$0.0313)/kWh. Avaada Energy was awarded 500 MW out of the 750 MW quoted capacity at a tariff of ₹2.6 (~$0.0313)/kWh.

Recently, NTPC Renewable Energy (NTPC REL) invited bids for the engineering, procurement, and construction package for 225 MW of grid-connected solar projects to be set up in Gujarat State Electricity Corporation (GSECL)’s renewable energy park at Khavda (GSECL Stage-3).

Earlier, NTPC REL invited bids for land and power evacuation packages to develop 900 MW ISTS-connected solar projects in the Neemuch Region of Madhya Pradesh.

The Renewable Energy Implementing Agencies designated by the Ministry of New and Renewable Energy, including NTPC, issued 35.51 GW of project tenders until December 2023, against the 50 GW target for the financial year 2023-24.

According to Mercom’s India Solar Tender Tracker, NTPC accounted for ~42% of the total capacity tendered during the period.

Subscribe to Mercom’s India Solar Tender Tracker for timely updates on all solar tenders issued by various agencies in India.

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May 24, 2024 admin

Daily News Wrap-Up: India Adds 10 GW of Solar Capacity in Q1 2024

India achieved a milestone by adding over 10 GW of solar capacity in the first quarter (Q1) of 2024, the highest quarterly installation to date. This figure represents an almost 400% year-over-year increase compared to the over 2 GW installed in Q1 2023, according to the recent Q1 2024 India Solar Market Update from Mercom India Research. Quarter-over-quarter capacity additions also surged 414% from nearly 2 GW in Q4 2023. In Q1 2024, India installed 9.7 GW of large-scale solar capacity, which included 1.8 GW from open access solar projects.

The Government of Gujarat has awarded 479 MW of solar projects to various developers under the Pradhan Mantri Kisan Urja Suraksha Evam Uthan Mahabhiyaan (PM KUSUM). The projects were tendered for feeder-level solarization under Component C of the PM KUSUM program and are expected to be operational by the end of 2024. The winning companies include Onix Renewable, Indian Infrastructure and Project India, WAA Solar, Raghuvir Avenues, and GreenBloom Energy, among others. The quoted tariffs ranged from ₹2.87(~$0.0345)/kWh to ₹3.00(~$0.0360)/kWh.

REC Power Development and Consultancy has invited bids for the design, engineering, supply, construction, erection, testing, and commissioning of a 200 MW ground-mounted solar power project at Jhansi, Uttar Pradesh. The last date for submitting bids is June 6, 2024. Bids will be opened the same day. Bidders must pay ₹25,000 (~$300.36) plus 18% GST for the bidding document and ₹1 million (~$12,014) plus 18% GST as the tender processing fee. They must also submit an earnest money deposit of ₹35 million.

INKEL, a public-private partnership initiative promoted by the Government of Kerala, has invited bids from contractors for operating and maintaining 15.7 MW grid-connected ground-mounted solar power projects at various locations in Kerala. The last date for submitting bids is May 24, 2024. Bids will be opened the same day. Bidders have to pay ₹1,000 (~$12.01) + GST. The contract is for two years from the date of site handover.

Gujarat Electricity Regulatory Commission has issued its Draft Gujarat Electricity Regulatory Commission (Net Metering Rooftop Solar PV Grid Interactive Systems) (Fourth Amendment) Regulations, 2024. This draft introduces specific provisions for low- and high-tension consumers installing rooftop solar systems, aiming to enhance the integration of larger solar capacities into the grid while ensuring equitable cost distribution. The regulator has exempted rooftop systems with a capacity of up to 10kW from getting a technical feasibility study done.

Gujarat-based Torrent Power recorded a revenue of ₹65.29 billion (~$784.36 million) for the fourth quarter of the financial year (FY) 2023-24, a year-over-year (YoY) increase of 8%. The company’s profit after tax for the quarter was ₹4.47 billion (~$53.7 million), an 8% YoY decrease. Torrent Power’s earnings before interest, tax, depreciation, and amortization for the January-March period rose by 2% YoY to ₹12.06 billion (~$144.88 million). During the quarter, the company’s solar plant load factor (PLF) declined to 20% from 21.6%, while wind PLF increased to 20.8% from 20.3%.

INKEL has invited bids from contractors for O&M 2.15 MW of grid-connected ground-mounted solar power projects at various locations in Kerala for two years. The last date for submitting bids is May 27, 2024. Bids will be opened the next day. Bidders must pay a tender fee of ₹1,000 (~$12.01). The selected contractor must submit a performance guarantee for 5% of the yearly O&M contract value before entering into the contract agreement.

Bengaluru-based technology startup NoPo Nanotechnologies raised $3 million in a pre-Series A funding round by Axilor’s Micelio Fund and Inflexor Ventures. The funds will be used to scale production, improve engineering capabilities, and implement a global market strategy. NoPo said it has developed innovative technology to produce high-quality single-walled carbon nanotubes (SWCNTs), which have been in development for the past decade. SWCNTs are advanced materials with potential applications in various fields, such as improving energy density in EV batteries and aiding researchers in semiconductor design for quantum computing.

Researchers at Tohoku University in Japan have developed a data-driven model that can predict barriers related to dehydrogenation, a chemical reaction that involves the release of hydrogen in magnesium hydride, a promising material for solid-state hydrogen storage. This process of solid-state hydrogen storage binds the gas to a metal hydride using moderate heat and pressure. The hydrogenated material can then be safely stored at normal temperature and pressure without any hydrogen escaping. The process is then repeated with different pressure and temperature conditions for dehydrogenation.

Researchers from Swansea University have found that introducing compatible hole-transport materials between perovskite and carbon can significantly enhance the performance of perovskite solar cells (PSC). PSCs offer a potential solution for efficient and economical renewable energy production. However, their widespread adoption is hindered by the lack of scalable fabrication methods. Roll-to-roll processing is a promising approach for large-scale manufacturing, particularly when incorporating carbon electrodes. This brings benefits such as cost-effectiveness and stability.

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May 24, 2024 admin
May 24, 2024 admin

A C&I Project Delayed Because of Solar Module Prices May Lose Out on Overall Savings

Mercom India held its first Virtual C&I Clean Energy Meet on May 22, 2024, focusing on tackling the increasing demand for clean energy solutions among major power consumers in Jharkhand, Chhattisgarh, and Madhya Pradesh. The event provided crucial insights into cost-saving strategies and facilitated meaningful interactions between clean energy solution providers and commercial and industrial (C&I) consumers.

The event addressed various aspects of power requirements, highlighting cost benefits, potential challenges, opportunities, and effective solutions. Participants gained exposure to the latest advancements in clean energy technologies designed to reduce operational costs and a deeper understanding of the benefits of transitioning to clean energy and the principles of environmental sustainability.

The panelists were Rajat Shrivastava, GM Marketing at Icon Solar, Pawan Pandey, Head –Execution, Distributed Energy Business at Jakson Group, and Ashish Verma, VP – Business Development at Gensol EPC.

Priya Sanjay, Managing Director, Mercom India, moderated the session.

Priya Sanjay opened the discussion by highlighting the growth of rooftop solar in the commercial sector, which is driven by decreasing costs and the recognition of significant cost savings by businesses. Many companies have integrated rooftop solar into their corporate social responsibility initiatives. The compound annual growth rate (CAGR) for rooftop solar in the commercial consumers segment stands at around 27%, while industrial rooftop solar installations have seen a CAGR of about 33% from 2014 to 2023.

She also pointed out that due to rooftop solar’s limited power generation capacity, large C&I consumers increasingly turn to open access solar projects to meet their renewable energy needs. The open access solar market has expanded substantially since 2013, with a year-over-year growth rate of approximately 53%. Currently, about 12,200 MW of open access solar projects are installed across various states in India.

Pandey noted that C&I unit owners must evaluate their financial stability and long-term goals when considering rooftop solar installations. Rooftop solar is often the first step in adopting renewable energy due to the ease of installation and on-site benefits.

He said that deciding to go in for a CAPEX or OPEX model depends on the business’s financial capacity and strategic priorities. The CAPEX model, where the owner makes the initial investment, offers long-term savings, control over the solar installation, and potential property value increases. It is ideal for those with enough financial resources to invest.

“On the other hand, the OPEX model, which involves third-party investment and payment through installments or a power purchase agreement, suits businesses looking to avoid upfront costs. Both models provide significant benefits, and the choice should align with the business’s specific needs and financial condition,” Pandey said.

Verma provided detailed financial insights into the cost and investment of a 100 kW rooftop solar system. “Installing a 100 kW rooftop solar system typically costs between ₹2.5 million (~$30,022) and ₹2.6 million (~$31,223). Such a system generates approximately 120,000 to 130,000 units of electricity. In regions like Chhattisgarh, Jharkhand, and Madhya Pradesh, where commercial industry tariffs are in the ₹7 (~$0.084)/kWh to ₹8 (~$0.096)/kWh range, the cost of generation from rooftop solar is around ₹3.7 (~$0.044)/kWh to ₹4 (~$0.048)/kWh. The difference between the cost of generation and the commercial tariff is around ₹3 (~$0.036)/kWh to ₹3.5 (~$0.042)/kWh. The payback period for the initial investment is estimated to be 5.5 to 6 years. With accelerated depreciation, the investment can be recovered within 3 to 4 years,” he explained.

Verma noted that today, any organization must adopt a sustainability approach to remain competitive, especially post-COVID. Companies are increasingly focusing on reducing carbon emissions, particularly through adopting renewable energy sources like solar power.

“This shift is driven by regulatory requirements and market demands, with industries such as textiles and cement leading the way in implementing rooftop and ground-mounted solar installations. The trend towards sustainability also improves corporate brand image, attracts climate-conscious talent, and provides commercial benefits by reducing energy costs and increasing profitability. Overall, being climate-conscious is becoming essential for corporate growth and competitiveness, Verma added.

Shrivastava noted that this is the right time to have a rooftop or open access to any solar energy source. Many consumers like to wait, depending on whether module prices are going up or down.

“If you delay the project for just one component – the solar module, you might miss out on overall savings. It is not only about the plan but the cost you are saving and investing for 25 to 30 years from now on.”

He highlighted that prices are dynamic, and there is no way to predict the market. Having a rooftop solar system saves operating costs, giving C&I entities an edge for R&D or marketing. With savings, the company’s products can be competitively priced.

Each state offers a different incentive for C&I consumers to adopt renewable energy. Jharkhand has a distinct exemption on charges for rooftop solar, intrastate solar with storage, and intrastate captive and third-party solar projects of less than 25 MW.

In Madhya Pradesh, electricity duty and energy development cess are exempt for renewable projects for 10 years.

Chhattisgarh offers electricity exemption for projects by MSMEs and facilities land of grid-connected projects.

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May 24, 2024 admin

Researchers Find Mixed Perovskites Improve Thermal Stability in Solar Cells

Researchers have combined ortho-carborane with perovskite cells to improve thermal stability and retained 80% of their initial efficiencies.

A team of researchers from Qingdao University of Science and Technology (QUST) in China and Canada’s University of Toronto have focused on the thermal stability challenges in mixed tin (Sn)-lead (Pb) perovskite solar cells (PSCs).

Thermal stability is a critical issue posing a barrier to the widespread commercialization of PSCs, even as mixed Sn-Pb has emerged as a promising material for single and multi-junction solar cells.

The study, published recently in Nature Communications journal, focused on a novel thermal regulation strategy using ortho-carborane (o-CB), an electron-delocalized carbon-boron molecule known for its efficient heat transfer capability.

The incorporation of o-CB into perovskite layers aims to enhance thermal conductivity, reduce heat accumulation, and improve overall device performance and longevity.

The researchers mixed Sn-Pb perovskites, which were promising due to their ideal bandgap and potential to exceed the efficiency limits of single-junction solar cells.

They found that poor thermal conductivity of mixed Sn-Pb perovskites results in insufficient thermal transfer and heat accumulation within the absorber layer, leading to thermal degradation.

However, mixed Sn-Pb cells treated with o-CB showed enhanced thermal stability, retaining 80% of their initial power conversion efficiencies (PCEs) after aging at 85°C for 1080 hours.

Single-junction mixed Sn-Pb cells achieved a maximum PCE of 23.4%, while all-perovskite tandem cells reached over 27% efficiency.

The researchers also utilized infrared thermal imaging and software simulation to demonstrate the improved heat transfer in o-CB-treated perovskite films. This was because o-CB contributed to better perovskite crystallization, further enhancing thermal stability and reducing non-radiative recombination losses.

The researchers found that this offers a sustainable thermal regulation using o-CB that can significantly improve the performance and stability of mixed Sn-Pb PSCs, making them more viable for large-scale applications and commercialization.

Researchers from Swansea University in the UK have recently found that introducing compatible hole-transport materials between perovskite and carbon can significantly improve the performance of the cells.

This follows a month after researchers from the same university established an affordable and scalable carbon ink formula to manufacture perovskite solar cells.

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May 24, 2024 admin
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