India set to acquire lithium for EV batteries in 6 months
The acquisition would be made through Khanij Bidesh India Ltd (KABIL)—a joint venture of three public-sector mining units—which recently visited the Lithium Triangle countries in South America (Chile, Argentina and Bolivia) to explore the possibility of lithium acquisition.
India leads the way as PV threatens coal-fired power
Falling PV panel prices led to notable year-on-year falls in the cost of developing solar plants around the world. India led the way with PV projects costing a weighted average of just $793/kW of capacity installed in 2018. Costs in China dipped to $879/kW last year, while solar projects in US and Australia cost $1,500.
Protectionist measures working as Chinese export destinations shift
While the world’s biggest solar manufacturers are confident there are plenty of alternative markets for a rising volume of panel exports, the message spelled out by first-quarter shipment figures is that protectionism works.
Power production to grow by 5-6% during FY2019-20: Care Ratings
India’s energy demand will rise as the economy expands and more people have access to power, cooking gas and transport. Currently, India is the third largest energy consumer after China and the US. Its energy demand is expected to grow three-fold by 2040.
Himachal Pradesh announces generic solar PV tariff
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has followed the lead of the authorities in Tamil Nadu, Bihar and Maharashtra in setting generic levelised tariffs for PV projects.
Adani Solar eyes 50% market share within 2 years
Chinese solar modules currently meet around 80% of India’s demand. Domestic modules face stiff competition from those imported from China, which cost 10-20% less, even after the imposition of safeguard duties.
India’s solar industry digests the election results
With Narendra Modi’s government stunning pollsters with another huge victory, the solar industry expects renewable power momentum to be maintained with steps including anti-dumping duty on solar module imports, a national policy for rooftop solar and an emphasis on easing private-sector participation in the power sector.
Indian railways gets $750 million ADB fund for track electrification
The fund will be used for a broad modernization program that will help Indian railways to transition from dependence on fossil fuels to renewable energy.
India could benefit as US applies Section 201 tariffs to Turkish modules
With Turkey now deemed too developed to qualify for exemption from import tariffs, the nascent Indian solar manufacturing sector is one of the few markets left whose cells and modules can be shipped to the U.S. free of tariffs.
IGL floats solar PV system plus battery tender
CNG distributor Indraprastha Gas Limited (IGL) has invited bids for supply, installation, testing and commissioning of 1 KWp solar PV system (4x260W panels) along with Lithium-ion batteries and inverter for 12 hours backup. A total of 76 such system combinations are to be supplied. Bidding closes on May 30.
