A new report by Aspire Circle India estimates the potential of renewable energy and the clean-tech sector according to parameters such as revenue and job creation by 2030, and highlights the top 10 areas for investment.
RK Singh, India’s power minister, and president of the International Solar Alliance (ISA) Assembly, called on nations to support solar investments in developing and under-developed regions, including Africa, through low-cost finance and credit guarantee fund.
The clean power numbers published annually by the International Renewable Energy Agency provide a snapshot of the global solar market and, this year, a lot of figures were unchanged from the previous dataset, especially in the off-grid segment.
The Bihar-based rural clean energy services provider has received US$4 million from India Renewable Energy Development Agency (IREDA) to construct 140 microgrids in the states of Uttar Pradesh and Bihar.
The project would be a test case to assess the potential of solar-powered hydrogen to displace costly and polluting diesel-based energy generation systems in far-off regions of the country like Ladakh and Jammu & Kashmir.
The 97%-efficient device is said to be the most powerful PV microinverter developed by the company to date and is capable of forming a microgrid during a power outage. The U.S. manufacturer expects to ship the first products in December.
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