Global bids are invited to set up giga-scale advanced-chemistry battery cell manufacturing units in India under the government’s production-linked incentive scheme. To be eligible for the government subsidy, the bidder would have to commit to setting up a minimum of 5 GWh capacity. Bidding is open until December 31.
The recent increase in the goods and services tax applied to solar cells and modules, from 5% to 12%, coupled with a planned 40% customs duty on panel imports, is set to increase project costs for developers.
Bids are invited to install 60 MW of grid-connected solar projects around various substations of the Gujarat Energy Transmission Corporation Limited in the Kachchh district.
The four companies will each have half of their planned 4 GW annual production of polysilicon-to-module output subsidized by public funds.
Tata Power has become India’s largest electric vehicle (EV) charging solutions provider with the deployment of over 1,000 EV charging stations in the public domain.
The Indian multinational EPC contractor will increase the share of renewable energy in the electricity mix across its campuses and project sites as part of efforts to reduce its carbon footprint.
The captive solar plant in Mumbai is being developed by Cleantech through a special purpose vehicle called Sunsole Renewables. The solar electricity generated will power manufacturing operations at Siemens’ Kalwa factory in Maharashtra.
India needs to install an average of 25 GW solar capacity every year to reach its renewable energy target of ‘450 GW by 2030’ with over 60% (280 GW) from solar. The nation must build enough manufacturing capacity back home to be ready on the supply side to support the new installations.
The International Solar Alliance (ISA), which aims to mobilize more than $1 trillion of solar power investment by 2030 in its member countries, expanded its scope of work by launching programs on solar panel and battery waste management and solar-powered hydrogen production in its fourth assembly held recently.
The levelized cost of solar electricity generation from a given rooftop area is the lowest in India (US$66/MWh) and China ($68/MWh), with the USA ($238/MWh) and UK ($251/MWh) representing some of the costliest countries, according to an international study based on data available as of 2018. The study also finds China (4.3 PWh/year), USA (4.2 PWh/year), and India (1.7 PWh/year) have the highest yearly potential of rooftop solar energy generation.
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