India is fostering a digital future via Prime Minister Narendra Modi’s ‘Digital India’ initiative – a national blockchain strategy that includes quantum computing, machine learning and artificial intelligence, as digital technologies become the primary platform for economic activity and growth.
The Internet of Things, cloud analytics and artificial intelligence will find their way into battery management too, enabling OEMs to precisely measure and improve the life of their deployed assets. Lower battery costs and increased adoption in high-power commercial electric vehicles and grid support are the other trends shaping the market.
While openers like SRISTI scheme for rooftop solar and KUSUM for farmland solar are likely to give a promising start, their implementation on the ground will determine our winning trajectory this year. Simply going by the connotation of 6 balls an over in the game of Cricket, this article looks at 6 factors that will push India to achieve its 2022 solar target.
Net metering benefits are now allowed across categories, including commercial and industrial consumers. Further, under net metering mechanism, consumption limit of 300 units for the residential category has been removed. This will help consumers set off their entire consumption against their system’s self-generation, benefiting them greatly.
India, one of the most diversified energy markets in the world, has recently become the lowest-cost producer of solar power. This reflects a steady and encouraging shift toward renewable power—a shift that’s in line with the targets set by the government. At the Climate Action Summit that was held earlier this year, Prime Minister Narendra […]
There will be plenty of opportunity for electric three-wheeler penetration in the Indian market through the model of battery swapping as well as local charging points available at delivery hubs.
The recently proposed guidelines allow electricity cost reduction of only Rs 3.64/unit for commercial and industrial consumers, which is not even sufficient to recover the capital costs of setting up the solar infrastructure.
By going for captive solar plants, MSMEs can not only contribute in addressing the challenge of global warming but also generate additional cash flows to their business. Ample funding is available for them to make the switch.
Streamlining the Discoms, better financing options, customer-centric approach, data sharing and push for residential through standardization are a few steps that can help India achieve its ambitious rooftop solar target.
India’s total installed solar capacity touched 34.1 GW on June 30, 2019. The total was split between 27.9 GW of utility-scale PV, 4.6 GW of rooftop solar and 1.26 GW of off-grid solar. The nation’s total project pipeline – projects allocated to developers and those in various stages of development – stood at 19.69 GW as of June 30. Bridge to India’s Sai Nandamuri looks at the outlook for Indian solar in 2019 and 2020.
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