Will solar power take root in India’s smallest state?
Subsidies from central and state bodies will help photovoltaics get within reach of similarly sponsored conventional electricity, which begs the question, why not remove subsidies for both?
Uttarakhand tenders 200 MW grid-connected solar capacity
Uttarakhand Renewable Energy Development Agency (UREDA) has invited bids for setting up cumulative 200 MW grid-connected solar PV power capacity in the state. The projects would be awarded based on tariff-based international competitive bidding.
India a $50 billion market for energy storage: AES
Given its ambitious goal of 175 GW renewable power by 2022 and push for electric mobility, the country presents a potential investment opportunity of $50 billion in battery storage facilities.
By 2030, solar tariffs in India could fall below Rs 2 per unit
The cost of wind would fall to Rs 2.3-2.6/kWh, while solar tariff would reduce to Rs 1.9-2.3/kWh. The cost of storage will fall by about 70%, according to a report.
Government fund to safeguard payments for PV developers
The payment security fund administered by SECI will ensure late payments by debt-laden discoms will not affect solar developers. The government is considering a levy on PV projects to help maintain the fund.
Azure to set up 1 GW solar capacity across Uttar Pradesh
The project is one among 300 odd projects worth Rs 65,000 crore including solar parks to be launched during a ground breaking ceremony in Kanpur later this month.
Lobby group demands expansion of net metering in Uttar Pradesh
The National Solar Energy Federation Of India says the recent decision to exclude commercial and industrial premises, as well as public buildings, from self consumption remuneration unfairly penalizes businesses and public bodies which have gone down the solar path.
India eyes South America’s lithium reserves for battery manufacturing
As India plans to set up large lithium-ion battery plants, the Lithium Triangle countries in South America (comprising Chile, Argentina and Bolivia) have offered to meet India’s growing demand for lithium.
Exim Bank to finance 27 solar projects in 15 nations
The solar projects, mainly located in Africa and South America, are identified by International Solar Alliance (ISA). These will include on-grid as well as off-grid projects like rooftop solar and irrigation pumps powered by solar panels.
India will add 11.4 GW of solar capacity annually: S&P Global
Owing to the general elections this year, little progress on the policy front is expected in the near term, according to the report.
