Uma Gupta
TERI develops blockchain-enabled prototype for solar power trading
The platform will help to promote the adoption of rooftop solar PV systems, particularly in the residential consumer segment, as it will incentivize consumers for trading among themselves, in addition to selling to the distribution utility—according to the sustainability thinktank which has also come out with innovative use cases of blockchain for electric vehicles and distributed battery storage.
AEPPL to invest Rs37.15 billion in second phase of lithium battery plant
The joint venture between Japanese majors Toshiba, Denso and Suzuki will make the investment in the Gujarat plant over the 2021-25 period, having pumped Rs12.5 billion into the first phase of development.
Gayatri Projects completes sale of power assets to Singapore-based Sembcorp
The company sold its 5.95% stake in Sembcorp Energy India—held through subsidiary Gayatri Energy Ventures—for Rs 4067.70 million.
Emissions, EVs and renewable energy: Reflections and outlook for India
India, one of the most diversified energy markets in the world, has recently become the lowest-cost producer of solar power. This reflects a steady and encouraging shift toward renewable power—a shift that’s in line with the targets set by the government. At the Climate Action Summit that was held earlier this year, Prime Minister Narendra […]
Solar set for boom after a gloomy 2019
Solar installations in year 2020 are set to exceed 10 GW after a year hit by political uncertainties, module price increases associated with safeguard duty and a fewer number of awarded tenders. The outlook for battery energy storage installations for solar projects, however, is bleak as such combinations in India can cost 3-5 times more in 2020 than standalone renewable projects.
Renewable energy MoU with Saudi Arabia gets cabinet nod
Project development and value chain localization are the focus areas for cooperation between the two countries.
REIL tenders 1.3 million quantities of multicrystalline silicon solar cells
Only Indian manufacturers are eligible to bid for supply of 4.5W, 4.6W and 4.67W multicrystalline silicon solar cells. Quantities to be supplied are 500,000, 500,000 and 300,000, respectively. Bidding closes on January 6.
Qatar Holding gets CCI nod to buy 25% stake in Adani Electricity Mumbai
As part of the transaction, both the parties have agreed to ensure that over 30% of the electricity supplied by Adani Electricity Mumbai Ltd will come from solar and wind power plants by the year 2023.
Central Electronics Limited tenders 1.6 MWp rooftop solar in Tamil Nadu
January 4 is the last date to bid for the plants that are to be developed in capacities of 10 KWp to 50 KWp atop government buildings. Bids must be accompanied with bank guarantee of Rs 750,000.
AIIB approves US$65 million for Hero Future’s 250 MW solar project
The project—located in Jodhpur district of Rajasthan—is being developed by the Indian developer’s special purpose vehicle Clean Solar Power (Jodhpur).
