India ranked the world’s most attractive solar PV market by Ernst & Young
The nation has earned the highest score of 62.7 in terms of attractiveness for solar PV investment and deployment in the latest ranking of top 40 countries by Ernst & Young.
WoodMac says renewable electricity generation in India could be 56% cheaper than coal-fired by 2030
The analyst said currently, India and Australia are the only Asia Pacific countries where renewable power already costs lower than new-build coal. It predicted the trend would spread to the entire region by the end of the decade, while India and Australia would see renewables becoming further cheaper than coal.
The future of cars is electric – but how soon is this future?
According to a new report by BloombergNEF, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road.
BHEL tenders for supply of 286,000 solar cells
Manufacturers have until December 4 to bid for the supply of 286,000 multicrystalline silicon solar cells using five bus bars. The cells are required in the peak power rating of 4.62W (10,000 quantities), 4.67Wp (60,000) and 4.72Wp (216,000).
India added just 853 MW of solar capacity in third quarter
The solar installation in India is making a slower-than-expected recovery as Covid-related disruption continues to hurt construction progress. Safeguard duty extension and module price increase have added to the pain.
India draws new record-low solar tariff of INR 2/kWh
A recent SECI auction secured the lowest bid of INR 2/kWh, 15% lower than the INR 2.36/kWh record-low winning bid by Spanish developer Solarpack in a 2 GW auction previously.
Exide Industries increases stake in lithium battery JV with Leclanché
With an additional investment of INR 33.17 crore, Exide Industries’ shareholding in the joint venture company has increased by 2.28% to 80.15% of the paid-up equity share capital.
Prime Minister Narendra Modi to inaugurate RE-Invest 2020 tomorrow
The three-day event will connect the global investment community with Indian renewable energy stakeholders. It is expected to be attended by over 75 international ministerial delegations, over 1000 global industry leaders, and 50,000 delegates.
India and Israel to work together on perovskite solar cells and lithium sulfur batteries
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
Government planning electric vehicle charging kiosks at 69,000 petrol pumps
An underdeveloped charging ecosystem is one of the many factors restricting the uptake of electric four-wheelers in India. A limited number of products and higher costs than combustion-engine powered vehicles are the other deterrents.
