New data released by IISD and Power for All finds that Indian government support for clean, decentralized renewable energy (DRE) access solutions is woefully lacking, and is less than 1% compared to fossil fuel, centralized options. DRE solutions receive a negligible share of electricity subsidy in India.
Delhi DISCOM, Tata Power Delhi Distribution Limited (TPDDL) is planning to launch the Tata smart energy incubation hub. The Tata trust will provide INR 150 million ($2.25 million), while the Indian government’s Science & Technology department will pay out an undisclosed sum. The company is also planning the installation of a 10 MW Battery Energy Storage System (BESS).
Husk Power Systems Co-Founder and CEO Manoj Sinha speaks to pv magazine about the hybrid mini-grid systems that the company is going to install in India and Tanzania. Sinha also discusses battery technology and Husk’s contributions to India’s 100% electricity plan.
The three-day exhibition and conference held in New Delhi organized various hands-on workshops and saw discussions on topics like mini and micro-grid systems, electric transportation, and the financial analysis for these sectors. The government has also announced the upcoming energy policy, placing storage at the core.
To scale up its mini grids business in Asia and Africa, Indian energy startup Husk Power systems has received sizeable financial backing from international investors.
India Energy Storage Alliance (IESA) has signed an MoU with Indo-German Energy Forum (IGEF) to promote and facilitate the energy storage business in India among various German and Indian stakeholders.
Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.
IESA and IEEMA have together organized a masterclass to develop advanced energy storage manufacturing in India. The event has also witnessed increased government support for the sector as energy storage opportunities in India are expected to attract investment of more than $3 billion in the next three years.
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