Uma Gupta
Focus on scalability of energy storage – minister Suresh Prabhu
In his keynote address at a Make in India session at the Energy Storage India 2019 event in New Delhi, the minister for commerce and industry urged the storage sector to make products that are useful in an Indian context.
Innovation and Make in India at heart of Energy Storage India 2019
The sixth international conference and exhibition on energy storage, electric vehicles and microgrids in India kicked off today in New Delhi. Innovation and Make in India were the central themes.
Renewable capacity in India set to jump by 50% in 2019
India is set to add renewable energy capacity of 15,860 MW in 2019, a leap of 50% on the 10,560 MW installed last year. Around 70% – 10,902 MW – of the new capacity will come from utility-scale solar projects, according to Bridge To India analysts.
NSEFI proposes renewable energy export body
The National Solar Energy Federation of India submitted the proposal to the Commerce Ministry in December and expects approval for a Renewable Energy Export Promotion Council in the next few months.
India would gain from differential electricity tariffs
More flexible prices during peak periods would incentivize the use of energy during times of lower demand and reduce the burden on the grid, according to a report by IEEFA. Day-ahead market pricing would better incentivize variable generation to ‘kick in’ at times of peak demand.
Macquarie, NTPC in race to buy IL&FS assets
India’s leading infrastructure finance company IL&FS expects up to Rs 80 billion from wind and solar asset sales.
Energy Storage: 2019 will be a year of opportunities
With the announcement of a National Energy Storage Mission expected this month, 2019 is set to be a year of manufacturing and research and development opportunities in India’s storage sector
India will tender 500 GW renewable capacity by 2028
Of the colossal sum, 350 GW would be for solar. India currently has installed renewable energy capacity of 75 GW with a further 46 GW under implementation.
Gujarat expects Rs500 billion worth of renewables MoUs
The state, which plans to add 3 GW of renewable capacity annually, will host the ninth edition of the Vibrant Gujarat Global Summit, which opens in 11 days’ time.
Oakridge raises residential solar rooftop funding from Dutch investor
Dutch lender Oikocredit has extended India’s first residential solar rooftop line of credit through its Indian subsidiary Maanaveeya Development & Finance
