Markets

India presents a $500-700 billion opportunity in renewables: IEEFA

The ambitious renewable energy target of 523 GW by 2030, coupled with conducive government policies announced recently, will pave the way for increased renewable investment in the coming decade.

UK university to research solar-powered cold chains for Indian agriculture

The University of Birmingham is a research partner on the Solar Cooling Initiative of International Solar Alliance that aims to spread the use of solar and solar-hybrid energy in agriculture.

Commercial solar at grid parity in China but a hard line is needed on soft costs

Deploying commercial and industrial PV in China without subsidy is already profitable in some areas, according to a new study, but prohibitive soft costs and cheap electricity are the main barriers for such installations in areas where grid parity remains out of reach.

Thinktank says India must prioritize a vertically integrated solar supply chain

To develop cost-competitive solar modules the nation must adopt a phased program and set up 15 GW of silicon-ingot-to-solar-module manufacturing capacity by 2024, according to The Energy and Resources Institute.

Corporate clean energy PPAs to smash last year’s record: BloombergNEF

Power purchase agreements for 8.6 GW of clean energy have been signed in 2019 till July—up from 7.2 GW at the same time last year—with USA alone accounting for up to 70% of the deals. India continues to lead the Asia Pacific region despite registering a slowdown in the activity.

BHEL tenders for supply of grid-connected power conditioning units

Bids are invited for supply, installation and commissioning of eight 1250kW 3-phase grid-connected power conditioning units for a 10 MW (AC) solar power plant in Charanka Solar Park of Gujarat. Bids will open on August 26.

Car industry copper demand to surge 250% due to EVs

By considering use of the metal in charging infrastructure, analyst Wood Mackenzie has found higher demand from the mobility sector than is the case if only the volume of the material required for vehicle construction is examined.

Care Ratings revises outlook on 11 solar developers to negative

The revision in outlook reflects increased counterparty risk and weakening in the liquidity position of these generators owing to significant delays in the receipt of payments from Telangana DISCOMs.

5595 electric buses sanctioned under FAME II Scheme

Of these, 5095 e-buses have been allocated to 64 cities for intracity operation, 400 for inter-city operation and 100 for last-mile connectivity to Delhi Metro Rail Corporation.

India to hike import tariff on solar equipment: Power minister

Tariffs will be hiked down the value chain in order to encourage domestic solar manufacturing, which currently stands at just 3.2 GW for solar cells and 8.5 GW for solar modules.

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