Bids are invited from government-owned entities to set up a ground-mounted, grid-connected solar plant at the university’s campus in Bihar. The plant is to be installed in EPC mode. Bidding closes on November 27.
Led by Vikas Bansal, the Seville-based office will target Europe’s growing solar market in countries like Portugal, Spain, Italy and Poland.
The lithium battery assembly facility at Okhla, New Delhi, would initially produce batteries for energy storage in residential, commercial and industrial sectors, and for electric mobility applications. The plan is to eventually cater to critical applications like telecom and healthcare as well.
India’s state-owned electricity distribution companies (Discoms) are in dire financial straits, as they owe some $16 billion to generators, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Despite this, national PV auctions have been oversubscribed and are setting record low tariffs in the country, indicating strong interest from developers – if the Discom challenge can be overcome.
Initially, solar plants shall be set up at airports in Tamil Nadu and Rajasthan, which require a PV capacity of around 55 MW and 8 MW, respectively, to become 100% solar-powered.
The thermal energy storage system with a 775 tonnes-of-refrigeration heat rate is installed at IIT Kanpur’s Centre for Environmental Science and Engineering building. It is part of an urban pilot under a joint Indo-US project called UI-ASSIST on Smart Grid and Storage Technology.
It has been a rocky year for installers with issues like availability of modules from Chinese suppliers, restricted construction due to local lockdowns, and uncertainty over import duties. Going forward, the market could see a dramatic rebound if net-metering is allowed with a current cap of 1 MW and re-introduced in the states that have shifted to gross-metering.
The latest addition takes Adani Green Energy’s operational renewable energy capacity to 2,850 MW, including 2353 MW under a joint venture with French oil and gas major Total.
The state-run power company has invited engineering, procurement and construction services contractors and developers to bid for its solar project contracts, excluding the supply of PV modules. Applications can be submitted until November 19.
Electric vehicles will account for 65-75% of new three-wheeler (3W) sales by 2030. Intra-city transport buses will see 25-40% EV penetration and two-wheelers 25-35%. In four-wheeler passenger vehicles, the market will be driven by shared mobility, while just 10-15% of new car sales for personal mobility will be electric.
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