The artificial intelligence powered inverter and PV management solution—which powers over 96% renewable capacity installed by Adani Green Energy—was also used for the 50 MW solar plant commissioned recently in Rajasthan.
The market will be driven by shared-mobility electric car deployment and will see annual growth of up to 61.7% for battery management systems.
The government’s announcement of Rs 90,000 crore liquidity injection comes as a relief for Discoms. It will be, however, essential to see as to what extent the discoms can avail the scheme given the ‘tied’ nature of this support and requirement of State Government guarantee—shares Care Ratings.
Plug-and-production facilities and labour law exemptions for 1200 days are among the decisions announced by the chief minister of the Indian state which contributes 7.9% to India’s gross domestic product and 20% to the overall exports.
India hosts numerous 1 GW-plus solar parks, two of which are the largest commissioned in the world. The huge sites have been instrumental in driving economies of scale and continue to attract global capital and some of the most recognized renewables developers.
Developers now have one extra month to submit bids for 34 MW (AC) ground based, 32 MW (AC) over-burden dump based and 15 MW (AC) floating solar plants at Singareni Collieries Company Limited (SCCL) sites in Telangana state.
The recently concluded 400 MW renewables auction to supply 24-hour electricity saw winning bid of INR2.90/kWh—a new milestone after peak+off-peak tariff of INR4.07 was achieved in January’s 1.2 GW auction demanding assured power supply during peak demand hours.
Industry body FICCI has recommended an extension of the FAME II Scheme by at least one year to 2023 as it feels change in the consumer behavior can impact the demand for electric vehicles (EVs) in the short term.
The projects shall be co-funded by India’s Department of Science & Technology and the European Commission’s Innovation and Networks Executive Agency. The aim is to make energy supply cleaner, more efficient and affordable by smartly integrating large amounts of renewable energy in local energy systems. Proposals can be submitted till September 1.
The developer can opt for solar, wind or an hybrid facility alongside an energy storage system to ensure 24-hour power supply.
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