The benchmark levelized cost of electricity (LCOE) for lithium-ion batteries has fallen to $187 per megawatt-hour since the first half of 2018. The overwhelming cost improvement is making batteries paired with solar or wind projects challenge coal- and gas-fired generation for grid stability, according to BloombergNEF (BNEF).
Tata Power Delhi Distribution Limited (Tata Power-DDL) has partnered with European firms Enedis, Schneider Electric, Odit-e and VaasaETT to implement a 1MW smart grid pilot in India, which would be insulated from any blackout in the main grid.
Power discom BSES Yamuna Power Limited (BYPL) has set up four such microgrids at its offices in East Delhi. These microgrids will combine rooftop solar with lithium-ion-based battery energy storage systems.
Setting up of the microgrid with battery energy storage is part of an extended R&D collaboration between ABB and the Indian Institute of Technology, Roorkee to create platforms for research on smart city technology deployment.
For India to achieve its 2030 dreams of fully electrifying its passenger vehicle market, and growing a leading manufacturing industry, its electric vehicle program must be accelerated. Meanwhile, if Intersolar India 2018 had to nominate the most-repeated word at the event, “storage” would win hands down.
The Indian Government plans to tender 60 GW of solar and 20 GW of wind capacity by March 2020. This would complete the planned auctions for its targets of 100 GW solar and 60 GW wind installations by 2022, leaving two years for project execution, according to an year-end review by the Ministry of New and Renewable Energy (MNRE).
Sustainable development expert Auroville Consulting has launched the Solar Village Search Engine to help fund its Solar Village Initiative, which aims to power 100 villages in Tamil Nadu with solar by the year 2030.
Analysts are weighing into the debate over the MNRE’s big solar plans, but pointing out that even a partial victory would set the foundation for future solar triumphs.
The farming sector offers the largest green energy innovation opportunity, with rice transplanting, pesticide spraying and grain harvesting together having a market potential worth $40 billion – says the Council on Energy, Environment and Water.
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