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Distributed solar

Daily news roundup: Mecwin and KVG Bank partner on solar pump finance, Adani’s new energy arm

Bengaluru-based Mecwin Technologies Ltd and Karnataka Vikas Grameena Bank (KVGB) have partnered to finance solar pump-sets for farmers. Adani has formed a new energy arm called Adani New Industries Limited (ANIL).

Green Energy push for future sustainability in India

The core objective of renewable energy deployment in India is to promote economic growth, enhance energy security, increase energy access, and reduce climate change. Sustainable development is possible by the use of clean energy and by ensuring access to affordable and reliable energy for every citizen.

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Microgrids make sense for Indian cities

Microgrids that use on-site renewables such as rooftop solar can help relieve peak demand on the grid during afternoons, and later in the evenings through battery storage. This can help power distribution companies (discoms) avoid buying expensive power to meet peak demand.

India has reached 46,247 MW of installed solar capacity as of October 31

Rajasthan (8,644 MW), Karnataka (7,483 MW), and Gujarat (6,052 MW) lead in solar installations.

The case for agrivoltaics in India

Given 60% of India’s land area is farmed, agrivoltaics (pairing solar with farming) holds special promise for the nation to accelerate its transition to clean energy. However, the roll-out of agrivoltaics in India cannot proceed without addressing the various policy and regulatory challenges. 

NTPC tenders 100 MW solar EPC with land in Maharashtra

The solar plants are to be installed in 2 MW to 10 (2×5) MW sizes for giving daytime power to agricultural consumers. Bidding closes on December 20.

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Central Electronics Limited tenders 95 MW of solar sites in Maharashtra

The successful contractor will install the arrays in blocks of 2-10 MW and will carry out all stages of installation, from site surveys through to 12 years’ operation and maintenance.

Up to code for decarbonization

The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance.

Reversing the crisis of climate change

We all should envisage a society in which everyone, including individuals and businesses, operate carbon neutrally, i.e., all entities reduce their carbon footprint by adopting sustainable practices.

International Solar Alliance forms advisory committee to mobilize US$1 trillion solar investment

The advisory committee will guide the International Solar Alliance on meeting its objective of mobilizing US$ 1 trillion investment in solar energy by 2030. Committee members include representatives from leading institutional investor like Africa50, CDPQ Global, IFC, the Development Bank of Southern Africa, Capricorn Investment Group, and Temasek.

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