SJVN 75 MW UP project , China to add 90GW, REC TwinPeak 4,India to add 10 GW solar

This week Solar News Wrap includes: SJVN 75 MW UP project , China to add 90GW, REC TwinPeak 4,India to add 10 GW solar project, Adani Renewable  transfers 74 percent stake of MSEL, Renewable certificate and more

SJVN bagged 75 megawatt grid-connected solar project in Jalaun, Uttar Pradesh

 SJVN has bagged a 75 megawatt grid-connected solar project in Jalaun, Uttar Pradesh. The power generated from the project will be procured by Uttar Pradesh New and Renewal Development Agency () for 25 years at a quoted tariff of Rs 2.68/KWh, SJVN said in a statement.

BP and Azerbaijan are discussing solar production in Karabak

British oil major BP and Azerbaijan are discussing setting up a solar energy production facility in Karabakh, Azeri President Ilham Aliyev said.

​Adani Renewable Energy transfers 74 percent stake of MSEL to Adani Tradecom​

  Limited  said its arm Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd to Adani Tradecom.7,400 equity shares are transferred to ATLLP at face value that is. Rs 10 each. Aggregating to Rs 74,000, a BSE filing stated.

China gearing up to add at least 90 GW and solar capacity to the grid in 2021

China has ordered power transmission firms to connect a minimum of 90 gigawatts of and solar capacity to the grid this year, said the National Energy Administration , reports Reuters.The new and solar capacity addition is part of a new policy initiative aimed at meeting its low-carbon targets.

Around 10 gigawatt of new utility-scale solar expected to be installed in the financial year 2021-22 says  JMK Research

According to a recent market update by JMK Research. Around 10 gigawatt of new utility-scale solar is estimated to be installed in the financial year 2021-22 , the report added that in financial year 21, about 3.5 GW of new utility-scale solar capacity was added, which is 39 per cent lesser than the financial year 20 installations.

Renewable energy certificate market records net sales worth Rs 9266 crore to date says a study 

According to a study released  by the C E E W- Centre for Energy Finance ​India’s renewable energy certificate market has recorded net sales worth Rs 9,266 crore during its decade of existence. The research firm said that this was an encouraging sign, given that the country would increasingly bank on market instruments such as to support its energy transition.

Okaya commissions 100 KWp hybrid solar plant in

Okaya Power has commissioned 100 KWp hybrid solar plant at its manufacturing unit at Baddi in . The plant will generate more than 144 Mwh energy annually reducing its power consumption from the grid to 40 percent,

Unsigned PSAs for about 7 gigawatt pose risk to renewable energy targets says CRISIL

According to the delays in power supply agreements for about 7 gigawatt of the bid out might lead to 35 percent shortfall in the 160 gigawatt target set for the end of calendar year 2022.

India climbs to 3rd spot on EY index on impressive show by segment

India has moved a notch higher at the third spot on EY’s Renewable Energy Country Attractiveness Index due to an exceptional performance on the solar photovoltaic front.

REC Group announces the launch of REC TwinPeak 4 Series

REC Group has announced the launch of the REC TwinPeak 4 Series, the fourth generation of its premium solar panels for residential and commercial rooftop installations. The latest REC TwinPeak features a new cell structure design and higher power output than its predecessor.

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