The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.
India needs special institutional structures within leading public financial institutions to cater to market segments that do not attract commercial capital at competitive terms.
The $500k order follows the delivery of two high-volume quantum-dot production systems—valued at $1 million—to support roll-to-roll printing of thin-film solar cells at Assam facility.
RK Singh told the upper house of the Indian parliament yesterday the nation had added 780 MW of new generation capacity in the last two years. The share of renewables in India’s power mix is rising too, but not fast enough to ensure electricity supply for all.
The lobby group has written to the Ministry of New and Renewable Energy to create a fund for providing liquidity to State Discoms and thereby clearing the dues to independent solar power producers.
If China could travel back to the 1960s with its 2016 PV generation capacity it could harvest an additional 14 TWh of solar power, according to a study by academics at universities in Switzerland and the Netherlands. With a mixed record for reducing pollution, the country’s solar fleet output appears to be drastically affected by dimmed solar radiation.
As the country races to add or upgrade infrastructure for electricity transmission, it needs to take steps to encourage private investments as also lower consumer prices—according to a white paper by Confederation of Indian Industry that includes recommendations on planning, operations and costs for a robust transmission system.
Micro and mini grid-connected projects will also be considered. Further, SECI has notified waiver of ISTS charges and losses and 6-month extension in the commissioning date.
The pact with the diversified business group comes close on the heels of Renew Power’s proposal for 200 MW power projects in the state.
The Dholera Special Investment Region—known for the upcoming 5 GW solar park—has secured the first Lithium battery investment from Tata Chemicals, which has committed Rs 4000 crore to set up 10 GW capacity.
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