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Li-ion battery prices fall to $187/kWh

The benchmark levelized cost of electricity (LCOE) for lithium-ion batteries has fallen to $187 per kilowatt-hour since the first half of 2018. The overwhelming cost improvement is making batteries paired with solar or wind projects challenge coal- and gas-fired generation for grid stability, according to BloombergNEF (BNEF).

Guidelines issued for enlistment of approved PV models and manufacturers

National Institute of Solar Energy (NISE) will carry out inspections, verifications and quality checks on behalf of the Ministry of New and Renewable Energy (MNRE).

Azure surpasses 100 MW of operating solar rooftop capacity

Independent solar power producer Azure Power’s operational rooftop capacity has a levelized weighted average tariff of Rs 5.82 (US 8.4 cents) per kWh—139% higher than the lowest solar power bid in India.

China, USA and India propel energy demand by 70%: IEA

Global energy consumption in 2018 grew by 2.3%. Electricity demand rose by 4%, nearly twice as fast as overall energy demand. China accounted for over 40% of the growth in renewable-based electricity generation, followed by Europe (25%). The United States and India together contributed another 13%.

Global solar PV tracker sales jumped over 40% in 2018: IHS Markit

Global solar PV tracker shipments exceeded 20 GW for the first time in 2018, with NEXTracker leading the market. While the Americas accounted for more than half of global PV tracker demand, the growth rate was strongest in the Middle East and North Africa.

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Suzlon sells two solar arms to CLP India

Suzlon Energy sold to CLP Wind Farms its majority stakes in SE Solar and Gale Solarfarms for Rs 76.55 crore and Rs 22.54 crore, respectively. It had set up these subsidiaries, in partnership with CLP India, for a 100 MW solar project in Telangana and a 50 MW project in Maharashtra.

Innovation boosts Lithium-ion battery recycling rate to over 80%

Finnish clean-energy company Fortum has achieved the Lithium-ion battery recycling rate of over 80%—as against the current 50%—with a low-CO2 hydrometallurgical recycling process.

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Revisit forecasting and scheduling regulations for renewable power generation: NSEFI to MERC

To enhance the effectiveness of settlement mechanism, the National Solar Energy Federation of India (NSEFI) has asked the Maharashtra Electricity Regulatory Commission (MERC) to allow aggregation of generation schedule based on independent power producer or quality coordinating agency and considering the same for calculation of deviation. Removal of the rescheduling charges and dual payment mechanism are among other changes sought.

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Delhi to get 131 EV charging stations in 3 months

While these electric vehicle (EV) charging facilities will mainly come up at CNG and petrol pumps, 33 are planned for Metro Stations as well, in addition to one each in the parking area at Indira Gandhi International Airport and Jamia Millia. These are likely to become operational within three months.

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Azure Power commissioned over 500 MW of solar power projects in FY19

The independent solar power producer commissioned over 250 MW in the current quarter alone, which is among the highest installations by a company in this period. With this, its total operational portfolio in India is now over 1,400 MW.

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