Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.
The Indian solar power sector is undergoing a technology-backed transformation at every stage from manufacturing to installation to improve cost and performance efficiency.
A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
To achieve its sustainability targets, Southeast Asia will require integrated strategy and execution across generation, transmission, and distribution, as well as planning that balances both capital and operational expenditures. The regional power industry will need partners who can merge data analytics with engineering expertise to deliver timely and actionable insights that realize the full potential of assets and facilities.
The current proposed draft policy has the potential to act as a game-changer for the renewable energy industry. However, the government needs to relook at certain elements.
Modules account for a huge percent of the project’s total cost, and since independent power providers (IPPs) have lower margins in the Indian solar energy sector, even a small increase in module pricing will put them under more strain.
Eight key developments are accelerating the advancement of electric vehicles. These range from the improvements in cost and performance of electric vehicle (EV) batteries to hydrogen-powered vehicles.
Solar energy pioneer and founder of Wiki-Solar, Philip Wolfe updates his series of blogs on the world’s largest solar power stations, first published in pv magazine in 2019. At that time, there were no single solar power plants over 1 GWAC. The record now is 2.2 GWAC.
Power generated by renewable sources and corresponding action taken by business layers is not predictable. So it’s imperative that the latest controls are leveraged in the service of smart grids.
Large-scale solar parks will be key to India’s transition to clean and green energy. Such parks are already being built or planned in States like Gujarat, Karnataka, Madhya Pradesh, Rajasthan, and Uttar Pradesh. However, there is still scope for forward-looking and well-aligned policies across States to make the most of this global phenomenon.
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