World's Largest Solar-Wind-Storage Plant Planned for India
The renewable energy facility will consist of 120 megawatts of solar, 40 megawatts of wind, 20-40 megawatt-hours of battery backup and will be spread over 1,000 acres in the district of Anantapur.
According to CleanTechnica, such an installation will be the world's largest once commissioned.
The estimated $155 million project was jointly developed by Solar Energy Corporation of India, the renewable energy agency of Andhra Pradesh, NREDCAP and Andhra Pradesh Transco.
Significantly, the plant will receive funding through a loan from the World Bank, which announced this week that it would stop financing oil and gas projects to help the global shift to cleaner energy sources.
As CleanTechnica noted, the bank's support is good news for the project:
"The fact that the World Bank has agreed to fund the project means that the tariffs would likely be extremely competitive, even with the existing thermal power plants in the country. The World Bank had offered debt funding for a 750 megawatt solar power park in the state of Madhya Pradesh earlier this year. The auction for that solar park broke the record for the lowest solar power tariff in the country at that time."
The developers are planning to tender the new plant by March next year, PV-Tech reported.
India has seen many ambitious bids from all over the world to build and operate upcoming renewable energy facilities, highlighting the country's success in expanding its clean power portfolio at a low cost, The Economic Times pointed out.
Power Minister Piyush Goyal, who has set ambitious renewable energy targets, commented that the record low bids signal a “green future" for India.
The move comes after regional authorities declared a state of emergency over the weekend after sightings of more than 50 bears in the town of Belushya Guba since December.
This year's letter from Bill and Melinda Gates focused on nine things that surprised them. For the Microsoft-cofounder, one thing he was surprised to learn was the massive amount of new buildings the planet should expect in the coming decades due to urban population growth.
"The number of buildings in the world is going to double by 2060. It's like we're going to build a new New York City every month for the next 40 years," he said.
By Shana Udvardy
After a dearth of action on climate change and a record year of extreme events in 2017, the inclusion of climate change policies within the annual legislation Congress considers to outline its defense spending priorities (the National Defense Authorization Act) for fiscal year 2018 was welcome progress. House and Senate leaders pushed to include language that mandated that the Department of Defense (DoD) incorporate climate change in their facility planning (see more on what this section of the bill does here and here) as well as issue a report on the impacts of climate change on military installations. Unfortunately, what DoD produced fell far short of what was mandated.
Trump is losing his rallying cry to save coal. The Tennessee Valley Authority (TVA) voted on Thursday to retire two coal-fired power plants in the next few years despite a plea from the president to keep one of the plants open.
Earlier this week, the president posted an oddly specific tweet that urged the government-owned utility to save the 49-year-old Paradise 3 plant in Kentucky. It so happens that the facility burns coal supplied by Murray Energy Corporation, whose CEO is Robert Murray, is a major Trump donor.