Green finance flows just one-tenth of the actual requirement
The tracked green finance for climate mitigation was an average Rs 124 thousand crore (US$19 billion) for FY 2017 and FY 2018, representing only about 10% of what the country required.
SECI invites global bids for 100 MW solar with storage in Chattisgarh
The ground-mounted, grid-connected project—to be developed in turnkey mode—shall be awarded through international competitive bidding followed by reverse auction. Bidding closes on October 27.
Local content requirement costs for large-scale PV in India
A UK-German research team analyzed solar auctions in India between 2014 and 2017 and has determined that local content requirements have driven up PV costs by an average of 6% per kilowatt-hour.
India could add 6,490 electric buses in next two years
The country’s electric bus market has gained momentum owing to aggressive government push through FAME India [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] scheme and increased interest from global investors.
India’s renewable energy capacity needs to grow at 16% CAGR to reach 450 GW by 2030
As of June 30, the country installed 90.5 GW of renewable energy capacity from solar (utility-scale and rooftop), wind and biomass resources.
NREL scientists encourage ‘optimal’ PV curtailment
Solar curtailment might become a valuable aspect of future PV deployment, particularly if grid operators start focusing on ‘curtailment management’ instead of ‘curtailment prevention.’ Management would include measures such as flexible generation, storage, load flexibility, and regional coordination.
Fourth Partner Energy bags 4.8 MW rooftop solar project for Titagarh Wagons
Solar panels at the railway coach manufacturer’s three factories in West Bengal will cover approximately 50,000 sq m of roof space and generate around a quarter of the power used by the company each year.
Mysun commissions 1.75 MWp rooftop for textile client
The solar plant, in drought-prone Rajasthan, features a water-free robotic cleaning mechanism which also saves on labor costs.
Rays Experts commissions 10 MW solar plant in Haryana
The Rajasthan-headquartered engineering, procurement and construction company commissioned the project as part of a 40 MW solar park in Bhiwani district. The business has an ambitious renewables plan for the state with 150 MW in its two-year pipeline.
UK’s Power Roll trials low-cost, flexible solar-and-storage system in Himalayan villages
The system will use an innovative solar film developed by Power Roll that can be manufactured for just $0.03/Watt and deployed on a wide range of non-load bearing buildings, including agricultural and warehouse roofs.
