News

IESA and IEEMA have together organized a masterclass to develop advanced energy storage manufacturing in India. The event has also witnessed increased government support for the sector as energy storage opportunities in India are expected to attract investment of more than $3 billion in the next three years.

There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.

Record growth continues as India installed 2,247 MW of solar projects in Q3 2017, up 15% from Q2 2017. The total installation at the end of 2017 is expected to range from 9.5 GW to 10 GW. The 7 GW solar installation in first nine months covered more than one-third of total new power capacity addition in 2017.

Renewable developers, mainly solar firms, are now looking abroad, especially in Southeast Asia, the Middle East and Africa to diversify their assets and business portfolio, finds report.

The New Delhi based solar developer is marking its second consecutive year of growth. Sunsure Energy founded in 2014, until now, has commissioned 6+ MW and is executing 25+ MW solar installation across India.

India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.

CPI has summarized the present rooftop sector of India, its economics, and the financial facilities to the industry from government and banks. The analyst and advisory firm has presented the solutions for the current financial obstacles to the growth of rooftop solar. The team has advised two Indo-U.S. collaborative initiatives, USICEF and USICFP, with which these solutions can be implemented.

Indian Space Research and Observatory (ISRO) presented the usage of space technology for solar energy. The space center has included solar radiation data on the existing observation system VEDAS (Visualization of Earth Observation Data and Archival system). ISRO also presented the rooftop potential for smart cities, a government initiative to develop sustainable cities with world-class facilities.

Vikalp Mundra, Joint MD and promoter of Ujaas Energy Ltd, speaks to pv magazine about the solar manufacturing and quality importance for India. The company has installed more than 200 MW of solar at utility-scale, rooftop, and residential. He also defended the Renewable Energy Certificate, but explained its drawbacks.

Massachusetts Institute of Technology’s (MIT) study of solar pump technology used in India assesses technical performance and explores innovative business cases to increase user adoption. The study also helps farmers to choose the right size of the pump according to their requirement or size of fields.