Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
The market-based mechanism will allow resource-rich and resource-deficit States to trade renewable energy and balance their renewable purchase obligation (RPO) targets.
Some 1 GW of utility scale project capacity was added to the end of June.
US-based esVolta will deploy the Edison Analytics software platform across its battery energy storage projects in North America. The software is expected to result in savings of $450,000 annually for esVolta by reducing excess battery degradation through improved heating and discharge management.
The Mumbai-based manufacturer has a 2 GW state-of-the-art solar module manufacturing capacity in Gujarat and is setting up an additional Rs 11-billion modules and cells factory in the state.
The inaugural event will be attended by prime minister Narendra Modi, ministers from all the International Solar Alliance member countries and high-level dignitaries from global R&D institutions.
There is a need to innovate and pay attention to micro, small and medium enterprises (MSMEs), SMEs, and residential society consumers to activate the next leg of growth in the rooftop solar market.
Waaree solar panels installed on all four facades of CtrlS datacenter facility in Mumbai cover over 50,000 square feet of facade area and generate about 1 MW of power.
Hospitality major IHC has signed a 25-year power purchase agreement with Tata Power arm TP Kirnali Solar, which will allow it to meet up to 60% power requirement of its Mumbai hotels with solar energy.
The program aims at supporting the development of innovative electric vehicle (EV) solutions like extending range through battery capacity improvements, and battery management, fast charging infrastructure, and mobile charging solutions for emergencies. Two startups shall be supported each year with up to INR 80 lakh each to complete proof of concept and develop prototypes.
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