KiloVault has developed a solar-ready, do-it-yourself (DIY) offgrid battery, with sizes ranging from 4.3 kWh to 27.6 kWh. It comes equipped with a pre-wired, single-phase AC inverter and the ability to directly accommodate electrical loads.
The new solar addition in the first six months of 2023 was 53% less year-on-year, mainly because of extensions for several large-scale projects.
India’s OGO Energy has launched battery energy storage systems with indigenously developed smart battery management system. These systems feature a modular design. Up to five battery modules of 5.12 kWh each can be combined to give a storage capacity of 25.6 kWh.
In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
Oriana Power Ltd has won the contract to build a 20 MW AC solar PV plant at Bharat Coking Coal Ltd’s Dugdha Washery Area in Jharkhand.
The Indian carbon credit system, operating under the Clean Development Mechanism (CDM) and the United Nations Framework Convention on Climate Change (UNFCCC), stands ahead in several aspects.
Power Finance Corp. (PFC), the largest lender to the Indian power sector, recorded a net profit of INR 11,605 crore in FY 2022-23.
Tata Power Renewable Energy Ltd will develop an additional 9 MW ground-mount solar plant at Tata Motors’ Pantnagar factory in Uttarakhand, taking the facility’s cumulative PV capacity to 16 MWp.
Sunsure will establish a solar power plant to supply electricity to Dabur’s factory in Ghaziabad under a 25-year purchase agreement.
India’s robust economic growth translates to rising demand for energy. This demand provides a substantial market for renewable energy investments, encouraging firms to venture into this sector. However, as the nation marches ahead in RE adoption, it needs to overcome challenges like high capital costs and inadequate grid infrastructure.
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