Government-owned Bharat Heavy Electricals Limited has won an EPC order for setting up the solar PV power plants across four locations.
Known as the “roof of the world,” the scenic Ladakh region in the Indian state of Jammu and Kashmir will soon host the world’s largest single-location PV plant.
The Gujarati multinational will invest Rs700 billion to set up world’s first 100% renewable powered data center parks in the state.
In his keynote address at a Make in India session at the Energy Storage India 2019 event in New Delhi, the minister for commerce and industry urged the storage sector to make products that are useful in an Indian context.
The sixth international conference and exhibition on energy storage, electric vehicles and microgrids in India kicked off today in New Delhi. Innovation and Make in India were the central themes.
India is set to add renewable energy capacity of 15,860 MW in 2019, a leap of 50% on the 10,560 MW installed last year. Around 70% – 10,902 MW – of the new capacity will come from utility-scale solar projects, according to Bridge To India analysts.
The National Solar Energy Federation of India submitted the proposal to the Commerce Ministry in December and expects approval for a Renewable Energy Export Promotion Council in the next few months.
More flexible prices during peak periods would incentivize the use of energy during times of lower demand and reduce the burden on the grid, according to a report by IEEFA. Day-ahead market pricing would better incentivize variable generation to ‘kick in’ at times of peak demand.
India’s leading infrastructure finance company IL&FS expects up to Rs 80 billion from wind and solar asset sales.
With the announcement of a National Energy Storage Mission expected this month, 2019 is set to be a year of manufacturing and research and development opportunities in India’s storage sector
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