China power crisis hits Indian solar projects
After the ravages of Covid-19, electricity shortages in China have now raised costs for its solar manufacturers, with knock-on effects for developers in India too, again highlighting the dangers of relying on a single solar supply chain.
Co-located hubs key to battery industry competitiveness
A report from Australia’s Future Battery Industries Cooperative Research Centre which analysed the development of battery hubs in the U.S., Germany and Japan, has found that co-location and cooperation between industry and government were key to their success. For Australia to play the same game, it will have to leverage its wealth of resources, and clean up its act along the way.
Silicon metal and aluminum industries hit by China power shortages
A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
ICRA improves energy demand outlook for FY2022
The ratings agency expects the energy demand in FY 2021-22 to grow by 8-8.5%. While the increased energy demand will improve the thermal plant load factor (PLF) level, this sector outlook remains negative as the PLF level will remain below 60%.
Sterling and Wilson Solar lands its first waste-to-energy project
The Indian multinational solar EPC player has won a project worth INR 1,500 crore for its recently created business segment of waste-to-energy. The project also marks its first order in the European market.
Hero Future Energies secures India’s first deal for large scale solar in Bangladesh
The Haryana-based renewables company, which is part of a bike and motorbike manufacturing conglomerate, will be paid $0.1025/kWh by the Bangladeshi government for the electricity that will be generated by a 50 MW plant in Khulna district, with the power purchase deal running for 20 years.
India added 521 MW of rooftop solar in Q2 2021
The second quarterly (April-May-June) addition of 521 MW is India’s highest-ever rooftop solar capacity installed in a quarter.
Solar on new-build homes has significantly shorter payback period
A report by BloombergNEF and Schneider Electric has pressed the case for governments to unlock the world’s potentially huge rooftop solar potential, and cited California’s solar mandate as a shining example.
Orsted’s transition shows the way for Indian utilities and renewable energy companies
Orsted transitioned from a coal-intensive utility to a global renewable energy leader creating immense shareholder wealth. A new report looks at what strategic decisions led to this transition and learning for Indian companies to look forward to the future energy transition.
New solar-powered hydrogen tech from Japan
Moreover, two big Russian corporations have unveiled plans to produce hydrogen and Portuguese utility EDP said it wants to set up a a pilot project for a green hydrogen plant in Brazil.
