A new approach could extract carbon from polyethylenes in a cost-competitive way, that could be scaled up. Researchers have also performed electric testing with the extracted carbon and found it suitable for use as anodes in Li-ion batteries, among multiple other uses.
Earlier, UK-based private equity investor had reportedly agreed to buy 685 MW of Essel’s solar power projects (including installed and under-construction) for around Rs 4,700 crore.
Change of law decision by state electricity regulator opens the door for compensation, but only for schemes completed before duty was applied and commission ignored pleas to fix the rate of payments.
U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.
The region’s climate, developing economies and demographic growth are driving increased electricity demand in the Middle East and North Africa. However, as a hub of conventional energy supply, the region has been slow to embrace PV. To capture more of the value chain and deliver the full potential of solar, there are increasing calls for distributed generation deployment to play a bigger role.
Hindustan Powerprojects has executed more than 350 MWp in Germany, Italy, the Netherlands, Japan, Korea and the U.K. since its establishment in 2008. It claims to have been the largest solar project developer in the UK from 2011-13 and commissioned its first utility-scale project in India in Tamil Nadu in 2010. In an interview with pv magazine, Lalit Jain, CEO for the firm’s international solar business, shared his experience from developed markets, and what it takes to be successful doing business overseas.
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 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.
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.
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.
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.
The last 10 years have seen India emerge as a solar superpower, setting an example from which many emerging countries in Africa and Southeast Asia are eager to learn.
The addition of either salt enables more even distribution of halide atoms within the perovskite material – key to increasing cell conversion efficiency. The explanation should speed up the process of identifying the best perovskite mixes.
Dutch researchers have come up with a system they claim has a maximum estimation error of less than 10% and which reduces the computational requirements for calculating the output of PV systems in complex environments. The approach is based on the correlation between a skyline’s profile and annual irradiation.
Bifacial solar panel performance has become such a hot topic there are now at least four competing field test sites ramping up in the United States, each matching a different set of trackers and panels. DNV GL, Soltec, NREL and Sandia are all involved, and initial results are expected this year, once a year’s data has been collected.
The Philippines-based solar major will develop around 500 MW of solar capacity in India, which it describes as having favourable regulatory environment.
Considering the remarkable advances made by the solar sector since the Rio ‘Earth Summit’ of 1992, PV was notable by its absence at the Convention of Parties climate change summit held by the UN in Poland.
Reports emphasize the likelihood of India remaining a world leader for solar but warn of missed targets for PV overall and rooftop in particular.
“While there are ample solar PV module manufacturers in India to meet the government demands, the proposal would provide impetus to existing and new players to venture into cell production”—according to Sunil Rathi, director, Waaree Energies.
Testing has led to the first certificate of its kind worldwide since a revision of International Electrotechnical Commission Standards in 2016. Accreditation enables Premier Solar to access markets in Latin America, Europe and Africa.
The 10 MW grid-scale energy storage system at Tata Power Delhi Distribution’s Rohini Substation is also said to be South Asia’s largest.
The PV system was launched recently by The Energy and Resources Institute (TERI), in partnership with STEAG Energy Services. It can provide 24-hour electricity even without grid connection, and is expected to generate around 10,000 kWh annually.
“We urge the government to take swift action in launching the National Energy Storage Mission in order to support the development of an R&D and manufacturing ecosystem for energy storage and electric vehicles,” said Rahul Walawalkar, president of the India Energy Storage Alliance.
The president of India has sanctioned setting up of 14 MW grid-connected solar PV projects with aggregate battery storage capacity of 42 MWh for Jammu & Kashmir under Prime Minister Development Package (PMDP)-2015 . The projects would be set up during 2019-20 and 2020-21, and include 7 MW solar projects with battery storage of 21 MWh each in Leh and Kargil at different locations. These would be implemented in developer mode, at a fixed tariff of Rs 2 per unit, with viability gap funding support.
For the purchase, the government of Tamil Nadu is seeking a loan from German state-owned development bank KfW, at an interest rate of 2%, according to reports.
India has set exceptionally ambitious renewable energy targets including 175 gigawatts (GW) of renewables by 2022, 275GW by 2027, and to achieve 40% of electric power installed capacity from non-fossil fuels by 2030. India seeks to tender another 80GW of renewables in total over the coming two years.
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.
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 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.
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.
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