Finance

“Our LFP battery technology is ideal for the Indian market”: SimpliPhi Power CEO

California-based SimpliPhi Power, which designs and manufactures lithium ferro phosphate (LFP) energy storage systems, has brought off-grid power to everything from the giant moon on Conan O’Brien’s talk show set to U.S. troops in Afghanistan and Iraq, to rooftops for Whole Foods and Airbnb. As the company prepares to enter into India, CEO and President Catherine Von Burg tells pv magazine why their LFP technology is best suited for India and their plans for the country.

Government committed to de-risking renewable energy investments: MNRE Secretary

The minister’s statement comes at a time when analysts fear that potential disregard of past contractual agreements in Andhra Pradesh, along with the regular curtailment of renewable energy facilities and delayed payments to developers, may drive foreign investors away from India’s renewable energy sector.

Indian government leading by example in renewable energy adoption: IEEFA

Government incentives driving state-owned enterprises’ investment away from the soon-to-be stranded fossil fuel based assets are a way of further boosting investment in the renewable energy sector.

COP25: India calls for speedier expansion of International Solar Alliance

Launched in November 2015, the alliance aims to collectively address key challenges to the scaling up of solar energy in member countries that fall between Tropic of Cancer and Tropic of Capricorn. Out of 121 prospective member countries, over 83 have already joined it in a period of just four years.

Sembcorp to buy remaining stake in Indian arm for Rs 4060 million

Following equity injection of about Rs 5169 million, Singapore-based integrated energy player has signed an agreement to invest another Rs 4060 million in Sembcorp Energy India Ltd to gain complete control over it and pursue growth in the India renewable energy business.

Corporate renewable power procurement: Global models and their suitability for India

Commercial and industrial (C&I) sector consumes 51% of the total electricity generated in India, with a mere 3% of this consumption coming from renewable energy. To increase renewable energy uptake among C&I consumers, India needs to explore new models like virtual power purchase agreements, green tariffs, internationally tradable RECs that have already been successfully tried and tested in many countries—according to a report by climate advocacy group WWF India.

India and German development lender to launch rooftop solar scheme

Program aims to drive down the cost of solar electricity to a maximum of Rs2.50/kWh in a nation where tariffs vary wildly from state to state.

FAME India so far

The government has supported 425 electric buses on pilot basis since the launch of FAME India [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] scheme that—in its second phase—aims to support (through incentives) about 7000 e-buses over a period of three years commencing from April 1, 2019.

$451 million ADB loan to strengthen power connectivity in Tamil Nadu

The investment will be used to establish an extra-high-voltage transmission link between Virudhunagar and Coimbatore to transfer the additional generation capacity of 9 GW, including 6 GW from renewables, by 2025 to meet the increased power demand in the Chennai–Kanyakumari Industrial Corridor.

1

Distributed Energy’s rooftop solar aggregator platform raises Rs 100 million funding

The platform connects credible renewable energy projects with investors, and has already delivered 5 MW of energy to a range of companies in Southern India and Rwanda.

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close