Uma Gupta
Mitigating solar supply chain challenges
Large-scale solar projects in India are facing delays of at least two-three months. The primary reason is Indian companies’ dependency on Chinese products and equipment, which may result in shipping delays and cost fluctuations. But, many companies in India have their solar module stocks already ready and can provide their products at the same price as Chinese brands, Tanmoy Duari, CEO, AXITEC Energy India, tells pv magazine.
Adani Group to invest $100 billion in green energy transition over 10 years
Adani Group targets to become net zero by 2050 or earlier for five of its portfolio companies — Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, ACC, and Ambuja Cements.
Hindalco to set up lithium battery foil manufacturing facility in Odisha
Hindalco will invest INR 800 crore to build a new battery foil manufacturing plant near Sambalpur in Odisha. The facility will initially produce 25,000 tonnes of the foils for Lithium-ion and Sodium-ion battery cells.
Rays Power Infra to build 500 MW solar park in Uttarakhand
Rays Power Infra Ltd has signed a Memorandum of Understanding (MoU) with the Uttarakhand government to build a 500 MW solar park in the state.
GreenH Electrolysis to build hydrogen production and refueling station for India’s first hydrogen train
GreenH Electrolysis has secured an EPC and long-term service contract with Hyderabad-based Medha Servo Drives for a hydrogen production and refueling station in the Jind district of Haryana. The station will supply hydrogen for India’s first hydrogen train.
Tata Power to deploy 500+ EV charging points across IndianOil retail outlets
Tata Power EV Charging Solutions will install fast and ultra-fast electric vehicle (EV) charging points at IndianOil retail outlets in major cities as well as across major highways in India.
India imported solar PV panels worth $1,136.28 million in H1 FY 2024
India’s solar panel imports in the April-Sept. period of FY 2024 surpassed the value of panels imported in the twelve months of FY 2023. Cell imports have also increased considerably year-on-year, with H1 FY 2024 value touching $1,005.07 million.
Bangladesh approves 1.5 GW of solar
Bangladesh has approved more than 1.5 GW of solar projects over the past seven months, with recent developments including tariffs for 200 MW in November and 310 MW in October.
Lenders choose renewables over coal for second year in a row
In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding.
TERI recommendations to accelerate pumped storage development in India
A new report by TERI recommends measures to develop large-scale pumped storage plants in India. It also traces the growth and status of pumped storage hydro plants in India and the world.
