NLC India issues tenders for Andaman storage project, $394 million in finance for 709 MW Tamil Nadu PV project
Neyveli Lignite Corporation India Ltd (NLCIL) has re-tendered the 2 x 10 MW grid-connected solar PV power project with the reduced 8 MWh battery energy storage capacity. It has also invited bids to lend INR 25.52 billion ($394 million) in finance required for the proposed 709 MW solar project in Tamil Nadu state.
Government makes surprising u-turn on electric vehicle policy
Minister for road transport Nitin Gadkari drops plans to introduce national policy to support growth of electric vehicles in surprising reversal on earlier ambitions.
Global storage growth of 4.6% in 2017 reflects patchy state of sector, finds BNEF
Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
Energy Access Summit 2018 highlights
The India Energy access summit held in India on February 12-13, 2018 in New Delhi, saw discussions on the decentralized renewable energy sector from various organizations and institutions, including few announcements.
U.S. researchers develop new redox flow compound
A team of scientists from the U.S. University of Rochester has developed a compound which it says could double the effectiveness of redox flow batteries, and ‘transform the energy storage landscape’.
Philips, Orb Energy lighten Barefoot College in Rajasthan
New 116 kW solar off-grid system will power the old Tilonia campus of the Barefoot College – working in various fields, including women empowerment, for the advance of rural communities through solar power.
Interview: Combining umbrella with solar
In an interview with pv magazine, Thinkphi founder Samit Choksi discusses the company’s expansion into sustainable product development and how solar energy is being harvested through it.
Rockefeller Foundation, Ckers Finance partner to develop India’s decentralized renewable energy sector
U.S.-based Rockefeller Foundation has partnered with cKers Finance, a New-Delhi based finance company, to help develop the decentralized renewable energy (DRE) sector in India. cKers will invest $50 million across DRE and sustainable energy portfolio in the near term.
ISA drafts program for scaling solar E-Mobility & Storage to be launched at ISA Solar Summit, India
ISA is seeking recommendations for their ISA program 5: ‘Scaling Solar E-mobility & Storage.’ The program will be launched on March 11, 2018, during the ISA solar summit.
ACME Cleantech plans 2-3 GWh lithium-ion battery manufacturing by 2020
Clean energy solution provider ACME Cleantech is planning to expand its current li-ion production capacity of 350 MWh to as much as 3 GWh by 2020. The company has also designed a charging plus swapping station for li-ion batteries to provide clean transport solutions.
