Adani Enterprises, Israel Innovation Authority sign agreement to develop cutting-edge tech solutions
Adani has partnered with Israel Innovation Authority to leverage the broad Israeli technology ecosystem for its diverse businesses in renewable energy, logistics, and more. The partnership provides Israeli companies a unique opportunity to codevelop, pilot, and scale up innovative technologies by utilizing Adani’s extensive industrial asset base.
Solar pumps under PM KUSUM have added 691.4 MW of PV capacity
The government’s PM KUSUM Scheme supports farmers in installing standalone solar pumps and solarizing existing grid-connected agriculture pumps.
Roofsol Energy commissions 5 MW rooftop solar plant at ST Cottex
The rooftop solar plant at ST COTTEX factory in Ludhiana uses 10,700 JA Solar 465 Wp mono PERC modules and 39 Sungrow inverters of 100 kW.
Tata Power switches on 225 MW hybrid project
The hybrid renewable energy project will supply power to Tata Power’s Mumbai distribution company under a 25-year power purchase agreement.
Visaka’s solar roof to power Climate Lab of Anant University
Visaka Industries’ patented Atum solar roof will cover a 4,200 sq.ft area and produce 70 kW of power to run the lab at Anant University’s Ahmedabad campus.
US to extend Investment Tax Credit for solar at 30% to 2032
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
TERI, REMC sign MoU on renewables
Under the agreement, The Energy and Resources Institute (TERI) will provide research and technical know-how to support Indian Railways in its renewable energy and energy-efficiency projects.
India’s solar report card for FY 2021-22
India installed 12.3 GW of solar in the twelve months ending March 31, 2022. The nation is expected to add a record 20 GW in the current fiscal.
India has installed more than 57.7 GW of solar
The nation reached a cumulative 57.7 GW of solar power generation capacity by June 30, 2022. Rajasthan (14.4 GW), Gujarat (7.8 GW), and Karnataka (7.6 GW) top in PV installations.
India may fall behind its 2030 EV sales forecast
A new report says India will have only 50 million electric vehicles (EVs) on road by 2030 despite a ramp-up in domestic manufacturing, falling behind by 40% on the cumulative sales projections by NITI Aayog. It also recommends policy measures to improve India’s chances of realizing 80 million EV sales by 2030.
