India’s power minister said the government will create a large program for distributed renewable energy livelihoods, like rooftop solar and solar irrigation schemes.
India’s Vivasvan Solar has designed a foldable solar structure mounted on a trolley. The system employs mechanisms to prevent damage to the panels during transit and is especially useful for agricultural farms.
Hungary’s Platio has inaugurated a solar footpath in the Dutch city of Groningen. The installation consists of 2,544 monocrystalline Patio solar pavers with a 21.8% efficiency rating. It will generate 55,000 kWh of electricity per year and can purportedly withstand a pressure of 2 tons without microcracks.
A new report says the time is ripe for Bangladesh to increase renewable energy-based generation capacity to reduce costly fossil-fuel imports and drive down subsidy burdens on the power sector. It finds the nation would need to consistently invest $1.53 billion to $1.71 billion annually until 2041 to build a 40% renewable energy capacity of the electricity demand of 61,866 MW in 2041.
Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.
Global renewable capacity increased by 295 GW last year, bringing the world to a cumulative installed capacity of 3,372 GW, according to the International Renewable Energy Agency (IRENA).
Experts at TERI say the money collected as cess on coal could be used to create a Green Equity Fund and also provide viability gap funding for energy transition projects.
Bihar-based Husk Power Systems, which serves rural Asia and Africa, became EBITDA positive in the fourth quarter of 2022 in India and Nigeria.
India installed 13,956 MW of new solar capacity from January to December. This included 11.3 GW of utility-scale PV, about 1.9 GW rooftop, and nearly 700 MW off-grid/distributed.
Bihar-based Husk Power Systems has secured $750,000 in debt to build eight new community solar microgrids in Nigeria and expand operations in India.
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