India surpasses 64 GW of installed solar capacity: MNRE
Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.
ISA, UNDP launch pilot projects on farmland solar in ten African member countries
International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.
NTPC Renewable Energy to build green hydrogen projects in Army establishments
NTPC REL will design, develop, and install renewable energy projects (solar, wind, etc) and hydrogen energy storage systems for supplying electricity to Indian Army establishments in off-grid locations.
Optimizing off-grid PV systems for different design criteria
A new report by IEA PVPS Task 18 provides a blueprint guide on how to conduct feasibility studies for off-grid and edge-of-grid power systems. The optimal system size and specifications vary depending on the client’s priorities. The desired project outcomes can be identified using pure financial analysis (NPV, IRR) or additionally taking environmental performance into account.
India recorded highest ever annual solar installations in 2022
India installed 13 GW of solar during the Jan.-Dec period in 2022, with large-scale projects accounting for 87% of the addition.
Global solar installations may hit 350.6 GW in 2023, says TrendForce
TrendForce says solar demand could grow by more than 53.4% this year due to lower module prices and delayed projects from 2021 and 2022 that are now going online. China will be the largest market this year with 148.9 GW, followed by the United States with 40.5 GW, India with 17.2 GW, Brazil with 14.2 GW, Germany with 11.8 GW, Spain with 11.4 GW, and Japan with 8 GW.
PM Modi inaugurates India Energy Week 2023 in Bengaluru
Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.
Emerging investment opportunities in India’s renewable energy sector
Corporate decarbonization, value chain integration, wind-solar hybrid projects, battery energy storage, offshore wind, green hydrogen, and value-added offerings such as energy-as-a-service are key trends and technologies shaping up India’s renewable energy sector and offering ample scope for investments.
India installed 11.2 GW of solar in first nine months of 2022
The nation installed 9.3 GW of utility-scale solar, 1.3 GW of rooftop arrays, and 0.6 GW off-grid PV projects from January to September this year.
India added 3.3 GW of solar in Q3 2022
India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations
