Markets

The government of Suriname will use the amount for rural electrification through installation of solar-DG hybrid PV systems in 50 remote villages of the nation.

A new report from Hydrogen Council predicts that the cost of renewable hydrogen production will fall drastically by up to 60% over the coming decade due to the declining costs of renewable electricity generation and the scaling up of electrolyzer manufacturing. Thanks to its optimal renewable resources, Australia will be among the countries most favorably placed to contribute to the development of the hydrogen economy.

Under the order worth around Rs 1730 crore, the power transmission and distribution player’s latest supervisory control and data acquisition and advanced distribution management solution technology will help deliver 24×7 reliable power to the people of the twin cities of Jammu and Kashmir.

Mumbai investor Edelweiss Group will gain a controlling stake in the generation assets in a deal which Engie says will allow it to reduce its debt by Rs3,160 crore.

India’s largest private-sector thermal power producer—which ranked as the sixth largest solar player globally in 2019—will invest over 70% of its budgeted Capex for the energy vertical into clean energy and energy-efficient systems to fuel its transformation.

Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated Rs133,000 lakh from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.

The Mumbai-based solar EPC solutions provider has to its credit 9.2 GWp of solar power projects (commissioned and under construction) globally, including 3.05 GWp in the MENA region.

The monocrystalline solar panel manufacturer aims to reach 100 million customers and achieve Rs 100 crore revenue by FY 2020-21.

The wall-mount charger with a high power output of 22 KW AC maximum reduces electric vehicle charging time by up to 70% in comparison to common 7KW AC chargers. The 125 KW string inverter—a cloud-connected three-phase solution—enables cost-efficient decentralized photovoltaic systems for both ground-mounted and large commercial applications.

The land required to meet India’s 2022 renewable energy target ranges from approximately 55,000 to 125,000 km2, or areas roughly the size of Himachal Pradesh or Chhattisgarh, respectively. This much land is likely to impact 6700–11,900 km2 of forest land and 24,100–55,700 km2 of agricultural land. The good news is that India’s already degraded lands have the potential of 1789 GW, which is more than ten times the 175 GW target.