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DVC launches power supply modernisation project
Damodar Valley Corporation (DVC) has announced the DVC Command Area Power Supply Modernization Project to ensure round-the-clock (RTC) quality power and reduce aggregate technical and commercial (AT&C) losses. The project, with an estimated cost of Rs 15 billion, is expected to be completed in 18 months. Covering 24,235 sq km in West Bengal and Jharkhand,…
Ocean Winds and Brazilian university partner to boost offshore wind capacity
Ocean Winds (OW) has signed a memorandum of understanding (MoU) with the Universidade Federal do Rio Grande do Norte (UFRN) to advance offshore wind capabilities in Brazil. The partnership will leverage OW’s global expertise in offshore wind, with 18.5 GW of total capacity, including 2 GW under construction and 1.5 GW operational, to enhance Brazil’s…
GUVNL awards 625 MWp solar capacity at Rs 2.34 per unit
Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded 625 MWp of solar capacity at a tariff of Rs 2.34 per unit, with Welspun Renewable Energy and NLC India Limited securing 300 MW each. The bids were finalised around five months after the tender was issued in November last year. The discovered tariff is lower than…
Four major Chinese solar wafer makers raise prices
Four leading solar wafer manufacturers announced a price increase on the afternoon of December 25, raising prices across key wafer sizes and lifting the average market level by about 12 per cent. Analysts link the change to higher raw material costs and continued tightness in parts of the photovoltaic (PV) supply chain. In their coordinated…
Power Grid wins tariff-based bidding for Mandsaur transmission project
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the inter-state transmission project “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for renewable energy interconnection.” The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis under the tariff-based competitive bidding (TBCB)…
Nexamp and Walmart partner to develop 31 community solar projects across US
Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy. This collaboration is their second, following a previous joint effort in 2021 for community solar projects in New York. The new solar farms, located in Maine, Massachusetts, New…
