Markets

Bids are invited to set up more than 32 MWp of ‘RESCO mode’ grid-connected projects for sale of solar power to the Mandideep industrial area in the state. Bidding closes on August 13.

The Mumbai-headquartered rural banking services provider will set up the electric vehicle charging infrastructure across its huge network of Nextgen outlets, which it plans to increase from current 3504 to 300,000 by FY 2024-25.

While it is often stated only 5% of lithium-ion batteries are recycled, a review of research into the second life and recycling of lithium-ion batteries suggests that is a gross understatement. A new study found almost 100,000 tons of waste batteries were recycled last year – about half of what reached end-of-life.

State-owned Central Electronics Limited (CEL) has invited bids to set up a cumulative 50 MW capacity of grid-tied, ground-mounted solar plants at various locations in the state of Maharashtra. The plants, in capacities of 500 KWp to 10 MWp, are to be set up in turnkey mode. Bidding closes on July 24.

Having won a 100 MW floating solar project last month, state-owned Bharat Heavy Electricals Limited has added another 25 MW from NTPC to emerge as the largest EPC player in India’s floating solar segment.

Jaipur-based Rajasthan Electronics & Instruments Limited has invited bids to supply 5000 quantities of 5W crystalline silicon solar cells. Bidding will close on July 17.

The move is the latest attempt by the newly-elected state government to reverse renewable energy commitments made under the previous administration.

After Singapore, India is the second largest revenue generator for the integrated energy player. In year 2018, it earned overall revenues of S$11,634 million (Rs 587 billion), of which S$1685 million (Rs 85 billion) came from power business of Sembcorp Energy India Limited.

The ‘inverted umbrella’ shaped canopies use monocrystalline flexible solar panels on top to generate electricity for functions like mobile and laptop charging, and lighting.

Maharashtra, Rajasthan, Gujarat, Karnataka and Tamil Nadu were the top five states by annual installation, accounting for 60% of the new capacity.