Distributed solar

International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.

India’s Energy Efficiency Services Ltd has agreed to provide technical advisory, project management, contracting and implementation support for energy efficiency programmes in Indonesia, Malaysia, and Thailand.

Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.

Experts at TERI say the money collected as cess on coal could be used to create a Green Equity Fund and also provide viability gap funding for energy transition projects.

The Pune-headquartered solar pump controller and solar cold storage solutions provider will use the funds to expand beyond India and tap business opportunities beyond agriculture. 

Bihar-based Husk Power Systems, which serves rural Asia and Africa, became EBITDA positive in the fourth quarter of 2022 in India and Nigeria. 

Solar projects aggregating to 500 MW are on the anvil. These projects are planned in the state during the fiscal year 2023-24.                                                                                                                

India installed 13,956 MW of new solar capacity from January to December. This included 11.3 GW of utility-scale PV, about 1.9 GW rooftop, and nearly 700 MW off-grid/distributed.

India has installed a cumulative renewables capacity (excluding large hydro) of 122 GW as of December 31, 2022, falling 30% short of its 175 GW target. While solar addition has remained more consistent than wind over the last few years, 2023 is going to be a challenging year for PV installation due to the shortage of domestically manufactured modules.

Servotech Power Systems will deploy a 5 kW solar carport paired with lithium battery storage and two 11 kW DC fast EV chargers at the Ministry of New and Renewable Energy’s (MNRE) premises in Delhi.