Uma Gupta
India a $50 billion market for energy storage: AES
Given its ambitious goal of 175 GW renewable power by 2022 and push for electric mobility, the country presents a potential investment opportunity of $50 billion in battery storage facilities.
India gets its first grid-scale battery energy storage system
The 10 MW grid-scale energy storage system at Tata Power Delhi Distribution’s Rohini Substation is also said to be South Asia’s largest.
By 2030, solar tariffs in India could fall below Rs 2 per unit
The cost of wind would fall to Rs 2.3-2.6/kWh, while solar tariff would reduce to Rs 1.9-2.3/kWh. The cost of storage will fall by about 70%, according to a report.
Hybrid solar container system launched for off-grid markets
The PV system was launched recently by The Energy and Resources Institute (TERI), in partnership with STEAG Energy Services. It can provide 24-hour electricity even without grid connection, and is expected to generate around 10,000 kWh annually.
Azure to set up 1 GW solar capacity across Uttar Pradesh
The project is one among 300 odd projects worth Rs 65,000 crore including solar parks to be launched during a ground breaking ceremony in Kanpur later this month.
Lobby group demands expansion of net metering in Uttar Pradesh
The National Solar Energy Federation Of India says the recent decision to exclude commercial and industrial premises, as well as public buildings, from self consumption remuneration unfairly penalizes businesses and public bodies which have gone down the solar path.
India eyes South America’s lithium reserves for battery manufacturing
As India plans to set up large lithium-ion battery plants, the Lithium Triangle countries in South America (comprising Chile, Argentina and Bolivia) have offered to meet India’s growing demand for lithium.
Exim Bank to finance 27 solar projects in 15 nations
The solar projects, mainly located in Africa and South America, are identified by International Solar Alliance (ISA). These will include on-grid as well as off-grid projects like rooftop solar and irrigation pumps powered by solar panels.
India will add 11.4 GW of solar capacity annually: S&P Global
Owing to the general elections this year, little progress on the policy front is expected in the near term, according to the report.
Filipino company Solar Philippines enters India
The Philippines-based solar major will develop around 500 MW of solar capacity in India, which it describes as having favourable regulatory environment.
