American firm ArcVera enters Indian solar market
The Colorado-based firm has set up an office in Bengaluru to deliver consulting and technical expertise to local developers and investors in solar, wind and hybrid projects, including energy storage.
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.
Guidelines for using coal-fired power generation to balance intermittent renewables
The Ministry of New and Renewable Energy has specified how procurement of back-up grid capacity will work for electricity distribution companies. The rules consider energy storage solely as part of the 51% clean energy requirement, and instead contemplate coal – with a variable price tariff element – as necessary for evening out supply.
CleanMax installs wind-solar hybrid plant for US food major’s Karnataka facility
The 15 MW wind-solar project—set up in captive mode—will meet close to 70% of Cargill’s Davangere facility’s electricity needs.
Hybrid and RTC projects to boost India’s RE and energy storage market
The global hybrid energy market, including energy storage, is projected to touch $40 billion by 2025. It is an opportunity that India has capitalized upon, earlier than others.
Andhra Pradesh set for 10 GW of agricultural solar
The state—which commissioned an aggregate 3530.74 MW solar capacity as of May 31, 2020—will set up the new plants to ensure nine hours of free power supply to the agriculture sector.
India to add 15 GW of wind-solar hybrid capacity in five years
Almost 10 GW of hybrid generation capacity is already under implementation despite India having only 100 MW of combined wind and PV projects at present, according to analyst Crisil.
India’s renewables-plus-storage tenders mark a new beginning with highly competitive tariffs: NSEFI
The recently concluded 400 MW renewables auction to supply 24-hour electricity saw winning bid of INR2.90/kWh—a new milestone after peak+off-peak tariff of INR4.07 was achieved in January’s 1.2 GW auction demanding assured power supply during peak demand hours.
Renew Power wins 400 MW ‘round-the-clock’ renewables auction at Rs2.90/kWh
The developer can opt for solar, wind or an hybrid facility alongside an energy storage system to ensure 24-hour power supply.
Optimistic solar outlook dimmed by COVID-19 – Bridge To India
Developers are also expected to drag their heels over project completion during the first half of the year as the safeguarding duty applied to imported Chinese and Malaysian solar products is due to expire at the end of July.
