The coronavirus outbreak in China could raise solar module prices in the near term as manufacturers have already begun experiencing wafer and solar glass shortages. Production rates are also being affected by an extended new year holiday introduced by the authorities as a measure to deal with the virus, and the requirement workers from infected areas quarantine themselves for two weeks.
Capacity additions for the current fiscal year are set to exceed the previous accounting period’s 8,532 MW. With Rs405 billion invested in clean energy in the last fiscal year, spending in the first nine months of 2019-20 has been estimated at Rs367 billion.
The joint venture will set up a factory in India to manufacture Al-Air batteries for electric vehicles and stationary applications and facilitate development of eco-system for Al-Air technology.
The project will be awarded to the bidder who quotes the lowest viability gap funding requirement. The upper limit for VGF to be quoted by a bidder is kept at Rs 130 million for 1 MW solar PV project with battery storage of 3 MWh.
The Chennai Metro Rail Limited seeks to procure 90 million units/annum of solar or solar-wind hybrid power, or 72 million units/annum of wind power through tariff based competitive bidding. Tariff ceiling is fixed at Rs 3.50/KWh for 25 years. Bidding closes on February 13.
The proposed model is said to perform better at energy prediction than software tools such as PVWatts, PVSyst or RetScreen. The approach was validated on two 5 MW PV plants in the same district of the Indian state of Rajasthan.
Batteries, and the raw materials that make them, are a frequent target of public criticism. The high water consumption required for lithium extraction is speeding up the desertification process around the salt lakes of Latin America’s so-called “lithium triangle”, for example. The mining debate highlights general problems with the extraction of raw materials, including copper, crude oil, and lithium, but international companies can still influence extraction methods – and there are plenty of different approaches.
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