Jaipur-based Rajasthan Electronics & Instruments Limited has invited bids to supply 5000 quantities of 5W crystalline silicon solar cells. Bidding will close on July 17.
The Dholera Special Investment Region—known for the upcoming 5 GW solar park—has secured the first Lithium battery investment from Tata Chemicals, which has committed Rs 4000 crore to set up 10 GW capacity.
After Singapore, India is the second largest revenue generator for the integrated energy player. In year 2018, it earned overall revenues of S$11,634 million (Rs 587 billion), of which S$1685 million (Rs 85 billion) came from power business of Sembcorp Energy India Limited.
The ‘inverted umbrella’ shaped canopies use monocrystalline flexible solar panels on top to generate electricity for functions like mobile and laptop charging, and lighting.
Maharashtra, Rajasthan, Gujarat, Karnataka and Tamil Nadu were the top five states by annual installation, accounting for 60% of the new capacity.
The state-owned power generator has commissioned 63 MW capacity out of the 100 MW solar PV power plant in Tirunelveli district, with Tamil Nadu Generation and Distribution Corporation (TANGEDCO) as the beneficiary.
While India’s recent union budget announced steps to create an electric vehicle market, the solar sector still has issues that have not been addressed.
Jaipur’s Rajasthan Electronics & Instruments Limited has invited bids from Indian manufacturers for the supply of 75 Wp solar modules based on crystalline silicon technology. Bidding will close on July 19.
The new budget aims to seize the opportunity in energy storage and EVs through a range of incentives. However, alongside demand, production and export, the government also needs to focus on e-waste management and Li-ion battery recycling to sustain raw material supply and minimize environmental impact.
To boost electric vehicle adoption in the country, the government has reduced goods and services tax on electric vehicles to 5% from 12%. Further, it will provide additional income tax deduction of Rs 1.5 lakh on interest paid on loans taken to purchase electric vehicles.
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