Top News

India to add up to 8.5 GW of RE in FY19

India is likely to add between 8-8.5 GW of renewable energy generation capacity in the current financial year ending March 2019, according to ICRA Limited.
Markets & Policy

2035: The renewable energy tipping point

The tipping point, where the world shifts from oil and gas to renewables, will be the year 2035, says Wood Mackenzie. This is when renewables and electric-based technologies converge, with around 20% of global power needs being met by solar or wind, and ...
Markets & Policy

CDPQ increases Azure Power stake to 40%

Through a US$100 million contribution, La Caisse de dépôt et placement du Québec (CDPQ) has increased its stake in Azure Power Global Ltd to 40%.
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Installations

Rural India a $50 billion market for clean energy innovations

The farming sector offers the largest green energy innovation opportunity, with rice transplanting, pesticide spraying and grain harvesting together having a market potential worth $40 billion – says the Council on Energy, Environment and Water.
Markets & Policy

Historic tariffs could be revised to reflect GST costs

Developers have successfully secured relief from the federal government to mitigate the effects of GST on PV projects. One-off compensation will be paid and tariffs may be adjusted to reflect any ongoing rise in maintenance expenses.
Climate Change

Saudi Arabia and BP Group betting big on India

Two of the world's biggest players in the oil industry have backed the nation's ambitious solar target – and are putting their money where their mouth is.
Climate Change

India added world’s second largest PV capacity in first half of 2018

The nation installed 4.9 GW of solar, surpassing the USA – which installed 4.7 GW – to become the second largest solar market in the first half of the year, second only to China's 24.3 GW.
Installations

NTPC tenders 70 MW floating solar PV project in Kerala

November is the deadline for interested bidders, who will be permitted to use cells and modules with any origin in the plant, which is planned for Kayamkulam.

Markets & Policy

Featured

India’s 40 GW rooftop solar aim hit by high costs, net metering caps

Factors including the ability to reach less credit worthy clients, standardised regulatory support and a rating mechanism for developers could promote rooftop solar uptake in India.

The long read: Storing up the future

The global installation of photovoltaics is expected to reach the terawatt level within just five years, according to Bloomberg NEF. And with more than 99.1 GW of grid-connected solar installed in 2017, switching on to the importance of storage is key.

SECI defers ‘world’s biggest’ solar auction until mid November

The bid submission deadline for the national 10 GW, inter-state PV project plus manufacturing tender is now November 12. According to officials, there are amendments to be made in the tender requirements, for which it is awaiting a ministerial mandate.

Fall in rupee against the dollar will see solar targets missed, predict analysts

Ratings agency adds to pessimistic predictions about Indian solar with MNRE ambition of 34 GW of solar auctions next year at real risk. The news follows similar warnings about India’s 100 GW solar target.

Uttar Pradesh auctions 500 MW of solar capacity at tariffs above Rs3

The lowest solar tariff, of Rs3.17 per unit, was quoted by the NTPC utility and Maheshwari Mining and Energy, for 140 MW and 20 MW of grid connected PV capacity, respectively.

Indian EPC eyes central Asian markets

Sterling and Wilson wants to construct 200 MW of PV in Kazakhstan in the next two years and says it is eager to get a slice of the Uzbek market too.

Installations

Featured

More details emerge on coal JVs 3 GW solar plans

In a Memorandum of Understanding (MoU) signed on October 8, two coal companies formed a joint venture (JV) to install 3 GW of solar and 2 GW of thermal power. More details have now emerged on the partnership.

SECI extends bids for 150 MW floating solar project

The Solar Corporation of India (SECI) has extended bids for a 150 MW floating solar tender in Uttar Pradesh; and for a 2 MW PV plant coupled with 1 MW of storage in Himachal Pradesh.

IEA low-balls solar growth (again)

The agency’s base case expects relatively flat growth in solar deployment over the next six years, but for solar to still dominate growth among renewable technologies. The agency’s estimates are again below those of major market analysts.

Indian coal companies plan 3 GW of solar

In a memorandum of understanding, NLC India Limited (NLCIL) and Coal India Limited (CIL) have said they will install 3 GW of solar projects and 2 GW of thermal power projects in India.

IPCC: 1.5°C limit needs rapid and far-reaching action but enables SDG progress

The Intergovernmental Panel on Climate Change (IPCC) has released a new report on different ways global warming can be kept within the 1.5°C limit. The panel seeks to inform policymakers before the upcoming COP24 in Poland this December. Resulting from their analysis, the 91 authors state that drastic action and significant investments are needed. Such climate action across all sectors would have significant positive effects on sustainable development progress, they say.

Gujarat will soon tender 250 MW solar+storage capacity

Saurabhbhai Patel, Minister of Energy, Government of Gujarat, has announced that the state will soon issue a 250 MW grid-connected solar tender linked with storage. He also said that Gujarat will add more than 5 GW of new PV capacity in the next three years.

Technology

Blockchain: Impediments to transformative disruption

The World Energy Council, in partnership with PwC, has interviewed 39 top level management energy leaders to find out if blockchain is driving an evolution or a revolution in the energy ecosystem.

TOPCon: The next big thing after PERC

TOPCon technologies could further increase solar cell efficiencies, said Guangyao Jin, chief scientist, DuPont Photovoltaic Solutions, at this year’s Energy Taiwan, held in September. He added that metallization paste is crucial.

The long read: A factor of 10

Solar power plants not only need to be built, but also operated, monitored, and maintained. Many approaches to digitalization promise to make these plant management processes significantly more efficient – up to a factor of 10.

“Optical Tweezers can benefit solar cell research” – Interview

pv magazine interviewed Ricardo Arias González, who holds a PhD in Physical Sciences and introduced the Optical Tweezers applied to biology in Spain. It is one of the tools of photonics for which Arthur Ashkin received the Nobel Prize in Physics in 2018, together with Donna Strickland and Gérard Mourou.

PM Modi: 40% electricity generation from non-fossils by 2030, up to $80 billion for PV manufacturing

India’s Prime Minister kick started the first Assembly of the ISA, the second IORA Renewable Energy Ministerial Meeting, and the 2nd Global RE-Invest yesterday in Greater Noida. The agenda of the day? Universal access to solar energy at affordable rates; securing 40% of India’s electricity generation from non-fossil fuels by 2030, and allocating up to US$80 billion to boost domestic PV manufacturing.

Japanese scientists develop new perovskite process

A team of researchers from the Okinawa Institute of Science and Technology (OIST) has developed a new process for the production of perovskite solar devices; and reports a 5x5cm² device with an efficiency above 15%. The researchers worked with a 1 micron thick active layer, considerably thicker than in many other perovskite devices, and state that this helped achieve better long-term stability.

Manufacturing

The long read: Backsheets to the future

As backsheet manufacturers aim to keep up with cost reductions up and down the PV supply chain, new processes and materials are appearing, with claims to offer better performance as a moisture barrier, as well as better acetic acid permeability and higher reflectivity, among other features. pv magazine examines the state of the market for PV backsheets, and takes a look at some of the new material innovations that are gaining ground with module manufacturers.

SECI defers 10 GW solar auction, again

India’s much-hyped 10 GW solar auction has hit another roadblock. The state-run Solar Energy Corporation of India (SECI)’s tender bids for 10 GW of ISTS-connected solar PV power projects linked with 3 GW (per annum) solar man-ufacturing capacity, has now been extended to October 12.

Triton to manufacture solar batteries in Andhra Pradesh

U.S.-based Triton Solar, LLC has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to set up a solar battery manufacturing unit in the state under a public-private-partnership (PPP) model.

Better bifacial adoption, catalyzing innovation focus of Future PV Roundtable at REI

pv magazine’s Future PV Roundtable, held at the 2018 Renewable Energy India (REI) Expo in Greater Noida, discussed how India can better adopt bifacial solar cell and module technology – the future of power generation. Prominent industry speakers also put forth their views on how standards can catalyze solar innovation for India-specific challenges, and on PV materials and components for enhanced module efficiency and recycling.

Tamil Nadu targets 400% jump in solar capacity by 2022

The state government is proposing a range of incentives and mandates to drive PV and solar thermal installations to almost 9 GW within four years. Under the proposed policy, 10% of the public fleet would be replaced by electric vehicles.

Saft buys out JV partner and announces lith-ion investment

The historic French brand says it will focus on rail, telecom and infrastructure, but environmentalists hoping the move finally heralds a breakthrough for electric vehicles in one of the world’s biggest transport markets appear set to be disappointed.

Energy Storage

Featured

Frost & Sullivan forecasts strong 2018 for solar, despite China’s policy setback

A new report published by business consultants Frost & Sullivan expects around 90 GW of new solar installations by the end of 2018, in line with the predictions of other leading analysts. It further notes that PV remains the world leader in renewable energy capacity, and that markets are moving away from feed-in tariffs to make increasing use of auction models and private PPAs.

International research group develops solar cell with storage properties

Although the “solar flow battery” is currently considered too expensive by its own creators, a further improvement of its design and the use of emerging solar materials and new electrochemistry may open new opportunities for this kind of technology.

Solar PV to grow 65-fold by 2050, 2°C target will be missed by a long shot – report

DNV GL has issued its annual Energy Transition Outlook. It reports that global electricity demand is set to grow by a factor of 2.5. Over half of this demand is expected to be met with renewable energy by 2050, while storage will play a key role. It adds that grid infrastructure expenditures are less related to variable renewable energy assets than to increasing energy demand. In the current scenario, meanwhile, global warming is likely to reach 2.6°C.

Amara Raja to open 100 MWh Li-ion battery fab, eyes demand from EVs

Following hot on the heels of Exide Industries, lead acid battery maker, Indian-based Amara Raja Batteries Limited has said it will set up a 100 MWh lithium ion assembly plant in Andhra Pradesh. The company aims to establish a foothold in the energy storage market for electric vehicles.

India’s solar dreams need storage push – IESA

With a rapid reduction in costs, solar plus storage can be an effective alternative for customers buying peak power from the grid. At the same time, utilities can avoid investments in peak capacity or eliminate load shedding by utilizing these resources.

Cygni Energy raises US$6.4 million, aims to triple solar DC capacity

Hyderabad based Cygni Energy plans to utilize the capital to triple its solar DC solutions production capacity from 4,000 units to 12,000 by H1 2019, develop new technology-enabled products and streamline the product lifecycle, as well as expand nationally and internationally.

Opinion & Analysis

Opening green windows for an inclusive clean energy transition: Future financing tools

In recent years, the Ministry of New and Renewable Energy (MNRE) has laid the foundation for a clean energy expansion through robust policies and initiatives. India’s solar energy capacity has jumped a thousand-fold from a mere 17 MW in 2010, to more than 23 GW in 2018. Similarly, the wind market has more than doubled in recent years, from around 13 GW of installed power in 2010, to 34 GW by June 2018. These developments help move India closer to its ambitious clean energy goal of 175 GW installed capacity by 2022. However, in spite of several public financial institutions, private banks, and non-banking financial companies (NBFCs) providing capital, financing remains a key barrier in scaling India’s clean energy markets further.

Renewables 2.0: Preparing for the new complexity of renewable energy in a post-subsidy world

As the deployment of renewable energy continues to expand around the world, driven by various inputs, such as capital allocation and investment, falling capital costs, competitive LCOE and various policy mechanisms, we are now moving towards a new era for renewable energy. ‘Renewables 2.0’ will have significant, wide-ranging consequences for all market players, as regulators reduce their support and power producers seek new revenue models. In this article, Duncan Ritchie, partner at Apricum – The Cleantech Advisory, will look at the key market developments for renewables, explode the myth of grid parity, highlight the need for flexibility and explain the importance of new financing solutions that are capable of meeting the new complexities brought about by ‘Renewables 2.0’.

India’s trade war will have global repercussions

India is currently the second largest market in the world for PV module demand. With China’s domestic demand frozen since the 31/5 notification, the country’s total module demand in 2018 will likely only achieve 32-34 GW. This will allow India, which may surpass 10 GW in annual demand, to reach 13% of global PV demand this year. As a result, the future of India’s trade war has become an influential factor in the global PV industry.

The sun shines brighter if the risks don’t cloud it

Finance in developing countries: Economics teaches that capital flows from where it is in surplus to where it is in demand. But that is not the case with renewable energy. The biggest pots of institutional capital in advanced economies are not shifting to developing ones. It is time to take a hard look and develop solutions that resolve this anomaly.

Greening India for a sustainable tomorrow

Actions taken today in the pursuit of environmentally sustainable and socially inclusive growth path in India stand to benefit more than 17 percent of the world’s population. A sustainable future for India carries an impact for the subcontinent and the entire world. At GGGI – the Global Green Growth Institute – our attention is captured […]

New budget brings path-breaking change for farmers

Budget 2018-19 has been watched with a lot of expectations and addressed three critical issues, agricultural distress being foremost, followed by employment opportunities for youth, and ways to kickstart manufacturing with large-scale private investments. ‘Saubhagya’ is one of the powerful tools that was at the top of the budget’s agenda, which Prime Minister Modi  launched […]

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Press Releases

World’s largest façade installed with organic photovoltaics in the port of Duisburg

Approximately 185 m² of Heliatek's organic photovoltaic films were installed on the façade of a warehouse of the Duisburger Hafen AG in August. It is a sub-project within the cooperation agreement "Drehkreuz Energiewende", which was established between the Duisburger Hafen AG and the energy company innogy in 2016.

12th edition of Renewable Energy India Expo reiterates renewed focus on clean energy Sector

UBM India successfully concluded the 12th edition of Renewable Energy India (REI) Expo, the three day (18th - 20th September, 2018) show at the India Expo Center, Greater Noida.

ThomasLloyd acquires significant stake in SolarArise India Projects Pvt Ltd

ThomasLloyd announced today that it has acquired a significant stake in the Delhi-based SolarArise India Projects Pvt Ltd.

Azure Power announces pricing of public offering of 14,800,000 equity shares

Azure Power Global Limited announced today that it has priced its underwritten public offering of 14,800,000 equity shares (the “Offering”) at a public offering price of $12. 50 per equity share.