India will require over US$ 10 trillion to achieve net-zero by 2070
Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.
Indian Oil floats global tender for green hydrogen generation units
The State-owned oil and gas major has invited bids to set up green hydrogen generation units at its Mathura and Panipat refineries with per-annum capacities of 5,000 MT and 2,000 MT, respectively. The plants are to be installed on a build-own-operate basis. Bidding is open until December 8.
Fire risks for rooftop solar
A recent study by Clean Energy Associates showed that 90% of inspected rooftops had significant safety and fire risks. Here’s how to protect your solar asset.
Azure Power lands 600 MW solar contract from SECI
The generation capacity is part of an overall 4 GW secured by the developer in a manufacturing-linked PV tender held by the national solar body.
Hydrophobic anti-soiling coating for solar modules
A U.K. research group is developing an anti-soiling solution produced via a chemical process compatible with glass manufacturing. The Engineering and Physical Sciences Research Council is providing $1.6 million of funding for the project.
Solar module prices will stay high until 2023, IHS Markit says
IHS Markit predicts that global installed solar PV capacity will grow by 20% to over 200 GW in 2022, despite a difficult cost environment. PV system costs are expected to resume their downward trend from 2023, when more polysilicon capacities will come into operation.
Uttar Pradesh tenders for 38 MW of residential rooftop solar
The Uttar Pradesh New & Renewable Development Agency (UPNEDA) has invited bids to install an aggregate 38 MW of residential grid-connected rooftop solar capacity in the State of Uttar Pradesh under CAPEX mode.
Land, power evacuation plan for 10 GW renewable energy project in Ladakh
Power minister recently chaired a meeting to discuss land availability and power evacuation plan for the 10 GW hybrid renewable energy project in the Leh district of Ladakh.
Power ministry allows bundling of renewable to replace thermal power under existing PPAs
The gains from the bundling of cheaper renewable energy with high-cost thermal will be shared between the generator and distribution companies on a 50:50 basis.
Around 20 companies show interest in 50 GWh battery cell tender under PLI Scheme
The pre-bid conference for the 50 GWh battery storage tender under the production-linked incentive (PLI) scheme saw the participation of around 20 prospective bidders. The conference was organized by India’s ministry of heavy industries to discuss and address the bidders’ queries.
