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IFC says green recovery could drive $2.5tn renewables market this decade

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

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New method to build microgrids based on solar, hydrogen

The use of polymer electrolyte membrane fuel cells as backup power generation in solar microgrids could drive down costs and improve efficiency, according to an international group of researchers. They have proposed a new energy management system that could be ideal for hybrid solar-hydrogen microgrids in remote locations.

NTPC invites proposals for solarization projects in ISA member countries

The selected applicants are required to execute projects across categories like solar-powered cold storage, solar water pumps, solar-powered reverse-osmosis water systems and off-grid solar systems for primary health care centers on a turnkey basis. The work includes engineering, supply, erection, commissioning along with maintenance support for three years.

EESL commissions 8 MW solar plant for MSEDCL

The solar plant, installed at Devdaithan village in Maharashtra’s Ahmednagar district, will provide eight hours of uninterrupted electricity for agricultural loads served by the respective feeder.

The case for distributed solar with storage

Gopal Lal Somani, a former director at the Jaipur-based Rajasthan Renewable Energy Corporation Ltd (RRECL), says distributed solar systems with storage are the key to achieving India’s mission of supplying clean energy at an affordable cost to all. In this article, he dwells on the benefits and techno-commercial feasibility of these systems for the nation.

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World could add more than 900 GW of solar by 2025 if politicians grasp the nettle – IEA

With the International Energy Agency publishing its latest five-year clean energy forecast today, pv magazine takes a look at the solar content of the 162-page document.

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Ministry drafts policy for rural solar appliance roll-out

The Ministry of New and Renewable Energy is eager to ramp up deployment of solar-powered dryers, cold storage and charkhas across the nation’s 600,000 villages.

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Fall in off-grid solar sales deprives 5m people of access to clean power

The latest edition of the Global Off-grid Solar Market Report by the World Bank and GOGLA has called for regulatory and financial support to help off-grid distributors create jobs lost to the Covid-19 pandemic.

India re-elected as President of the International Solar Alliance

Launched in November 2015, the alliance aims to collectively address key challenges to the scaling up of solar energy in member countries that fall between Tropic of Cancer and Tropic of Capricorn. The Alliance is now supported by 68 member countries, and a further 20 countries are in the process of becoming members.

India still nowhere near energy sufficiency

The government is trying to harness renewables to increase domestic output but will need a more liberal energy market and to consider the structure of procurement auctions, cloying red tape and the financial travails of state utilities if it is to achieve its goals, says Rakshika Kaul of Amp Energy India.

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