The power generated by this project will be sold through long-term power purchase agreements (PPAs) to commercial and industrial customers.
Following New Delhi based Urja Global, Singapore-based Ojovati and another Delhi-based company Avanze Inventive have signed memorandums of understanding (MoUs) for manufacturing of Lithium-ion cells and batteries in the state, respectively.
The president of India has approved the Rs 8580 crore viability gap funding (VGF) support for state-run generators to set up 12 GW of solar projects using domestically-made equipment over the next four years.
The Gurugram-based commercial solar player has installed a 736 kWp rooftop solar plant at Mandoli Jail in Delhi. The power generated from the plant—built on ‘pay-as-you-go’ model—will cost about 50% cheaper than grid electricity.
State-owned NLC India Ltd – formerly the Neyveli Lignite Corporation – has commissioned 150 MW of solar power projects at Ramanathapuram and Virudhanagar Districts of Tamil Nadu, taking its total installed solar power capacity in the state to 591 MW.
State-owned Bharat Heavy Electricals Limited (BHEL) has installed the first solar electric vehicle (EV) charging station in the upcoming network on Delhi-Chandigarh Highway.
US companies have boosted sourcing of completed racks from abroad in order to avoid the tariff on raw material [steel] imports, says Bloomberg.
New Delhi based Urja Global will set up an integrated plant for electric vehicles and Lithium-ion batteries at an investment of Rs 200 crore. The announcement comes hot on the heels of US-based Tecchren Batteries’ Lithium-ion venture in the state.
The Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) scheme with an outlay of Rs 10,000 crore over a period of three years will be implemented from April 1, 2019. It envisages setting up of about 2700 charging stations across the country so that at least one charging station is available in a grid of 3×3 km2.
India is the world’s largest market for distributed, small-scale household solar, according to a report by off-grid energy’s industry association GOGLA. By the middle of last year, it accounted for 30% of global off-grid solar product sales. Dhaval Radia, senior VP at Greenlight Planet (a solar energy solutions provider to rural consumers) gives pv magazine his insights into the market.
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