Lobby group the National Solar Energy Federation of India says around 4 GW of solar plant capacity is likely to be affected by component shortages after the outbreak of the virus in China.
Coming up at Moda village in Valsad district, this will be Waaree’s third solar modules investment in Gujarat after Surat and Umargam plants.
Consultancy Bridge to India has looked into its crystal ball to predict India will add 10 GW of solar capacity this year and the same next year before deployment slows to 7 GW per year in 2022 and 2023, dogged by hurdles such as an inexplicable ongoing demand for new coal-fired power plants.
The New Delhi-based developer posted a Rs136 crore loss from October to the end of December but has managed to shift current liabilities into the long grass as it aims to continue on an expansionist trail, backed by the Canadian pension fund which holds almost half its shares.
At 58 GW, the state of Maharashtra has the greatest potential to generate solar energy through floating PV or ‘floatovoltaics,’ according to a study by The Energy and Resources Institute.
Delay in sourcing of PV modules from China can cause project cost and time overruns, inviting penalties for missing the commissioning date.
The state-owned engineer has specified the dimensions of the devices required and the bid window will close on Friday.
Having bagged orders for 470 chargers in pilot stage itself, Bengaluru based electric scooter startup FAE Bikes plans to aggressively expand its IOT enabled EV charging network. The chargers—costing just Rs 10,000—can be set up anywhere including small shops and homes with standard power supply.
The winning startups will receive lab-to-market incubation support at the Clean Energy International Incubation Centre (CEIIC), which has been set up by the not-for-profit platform Social Alpha with support from Government of India and Tata Trusts in Delhi.
WoodMac analysts say the amount of new battery manufacturing capacity added in the nation this year could fall by as much as 10% because of the outbreak. With Tesla’s Shanghai gigafactory affected by the extended new-year-holiday shutdown, the analyst warned of potential supply shortages for Australia and the U.S. and U.K.
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