Uma Gupta
Indian commercial and industrial solar market reaches 10,485 MW
India’s commercial and industrial solar sector added 501 MW of solar capacity in the January-March period of 2021, taking the cumulative C&I PV capacity to 10,485 MW as of March 31, 2021.
The impact of electricity rules amendment on rooftop solar sector
The amendment to Electricity (Rights of Consumers) Rules, 2020 provides multiple options in addition to net metering, which will balance out the concerns of all the stakeholders.
Lithium-ion technology to lead the Indian battery energy storage systems market by 2030
A new report projects Lithium-ion technology to lead the Indian battery energy storage systems market by 2030 as prices for lithium iron phosphate (LFP) and lithium nickel-cobalt-manganese (NCM) battery technologies fall.
APTEL orders compensation for solar curtailment in Tamil Nadu
The Delhi-based Appellate Tribunal for Electricity (APTEL) has directed Tamil Nadu State Load Despatch Centre (TNSLDC) and The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to compensate developers at 75% of PPA tariff per kWh on solar curtailment.
AC Energy, NEFIN partner to build rooftop solar projects across Asia
Philippines-based AC Energy, which operates 150 MW AC ground-mount solar plants in India, is joining hands with Hong Kong-based solar developer NEFIN to develop, construct, and operate rooftop solar projects across Asia.
Renew Power to build 500 MW of open-access renewable energy project for RackBank data center
The Haryana-based developer will construct, own, and operate up to 500 MW of hybrid renewable energy generation capacity to meet the requirements of RackBank’s hyper-scale data center.
EverSource-backed GreenCell to deploy 3,250 electric buses in three years
The company will initially launch 750 electric buses across key intercity and inter-state transit routes in Southern and Western India. To support the e-bus rollout, it is also building a captive charging infrastructure network across highways with 600 DC chargers of 180/240 kW capacity rating.
Local solar will lead the energy transformation over the next five years
The adoption of local, community-based energy solutions like rooftop solar and batteries can help make the energy grid more flexible and reliable. Home solar and batteries will enable the growth of ‘prosumers’ who produce and share energy, as well as consume it.
Foreign investors tapping into India’s solar market undeterred by untimely payments
Full ownership allowed in renewable energy projects and 25-year power purchase agreement are the major factors drawing foreign investors to India’s high-growth solar market. Major developers in India have solar portfolio distributed across States, which further minimizes the risk for investors.
Canada’s OMERS Infrastructure to buy 19.4% stake in Azure Power
The transaction expands Canadian pension plan’s investment in clean energy, consistent with its long-term strategy to increase footprint in this growing sector.
