The farming sector offers the largest green energy innovation opportunity, with rice transplanting, pesticide spraying and grain harvesting together having a market potential worth $40 billion – says the Council on Energy, Environment and Water.
The International Solar Alliance has selected India’s Super Energy Service Company to roll out its agricultural solar initiative across 13 nations. Almost a third of India’s three crore of agricultural pumps are currently powered by diesel.
Hyderabad based Cygni Energy plans to utilize the capital to triple its solar DC solutions production capacity from 4,000 units to 12,000 by H1 2019, develop new technology-enabled products and streamline the product lifecycle, as well as expand nationally and internationally.
Encouraged by the state’s investor-friendly solar policy, distributed power producer Amplus Energy Solutions will install 400 MW of solar capacity for R20 billion over three years. In the first phase, Amplus will develop a 50 MW ground-mounted project in Mirzapur district.
Delhi DISCOM, Tata Power Delhi Distribution Limited (TPDDL) is planning to launch the Tata smart energy incubation hub. The Tata trust will provide INR 150 million ($2.25 million), while the Indian government’s Science & Technology department will pay out an undisclosed sum. The company is also planning the installation of a 10 MW Battery Energy Storage System (BESS).
There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.
The Digital Solar Plant Testbed evaluates solutions to accurately predict energy generation, improve utilization and reduce maintenance costs. IIC has estimated that 30% reduction in O&M expenses with the help of accurate forecasting will save around $15 million/year for utilities managers.
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