India’s Ministry of Power has mandated that all renewable energy implementing agencies (REIAs) and State utilities must incorporate a minimum of two-hour co-located energy storage systems (ESS), equivalent to 10% of the installed solar project capacity, in future solar tenders.
Advait Transmission Tools will focus on the business of assembly, manufacturing and trading of stringing tools for power transmission line business.
Credit Fair has raised $5 million in debt from from the $75-million Green Basket Bond issued by Symbiotics Investments and subscribed to by British International Investment. It will deploy the amount to fund 2,500 new rooftop solar projects.
The country installed around 1.12 GW of new PV capacity in January, thus raising its cumulative installed solar power over the 100 GW threshold.
Alpex Solar will supply 2,000 solar-powered water pumps under Magel Tyal Saur Krushi Scheme in Maharashtra.
Volks Energie has secured a project from Power Grid Corp. of India Ltd (PGCIL) to deploy Nickel-Cadmium (Ni-Cd) batteries for energy storage.
India’s Enhanced Innovations has developed the Phloton active cooling vaccine carrier with a 14-hour lithium battery backup and solar charging support.
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
Researchers recommended that transmission system operators consider adopting grid-forming battery energy storage systems system-wide to improve grid stability and to maximize system hosting capacity for solar and wind generation.
Gujarat State Electricity Corp. Ltd (GSECL) is looking to assess the feasibility of 14,210 MW of pumped storage projects across 16 locations in Gujarat. It has also tendered EPC of 110 MW floating solar in the state.
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