The nation installed a cumulative solar power capacity of 70.10 GW as of June 30, 2023. Rajasthan, Gujarat, and Karnataka together account for more than 50% of the overall PV installations.
Pexapark says that prices for power purchase agreements (PPA) fell 11% in Europe in May. Germany and Spain were the largest markets for PPAs, with deals totaling 245 MW and 317 MW, respectively.
As on June 30, 2023, around 2.45 lakh agriculture pumps have been installed or solarized under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme.
Scientists in India have proposed a new classification of energy sources that is intended for the adoption and definition of emerging technologies, which they said conventional taxonomies fail to achieve.
Various industry interests are at play behind clean energy drive
The two companies are targeting to reach an annual production capacity of 20 GW by the end of 2025. Manufacturing activities are scheduled to begin in the second quarter of next year.
India can gain an edge in green hydrogen by focusing more on making its production accessible and affordable. Using the distributed business model and building an enabling regulatory framework will stimulate wider acceptance.
India exported solar PV cells and modules worth INR 8,440 crore in FY 2022-23. USA was the top destination with a 97% share.
French eco-organization Soren, which collects and recycles end-of-life solar panels, has published its 2022 annual report. Last year, more than 10 million solar panels were put on the market in France, up 25% from 2021.
In an exclusive article for pv magazine, Bridge To India provides a quick look at the key drivers and outlook for the corporate solar market in India.
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