Markets & Policy

The India and UK-led global supergrid program seeks to connect 140 countries to round-the-clock green and renewable power.

The oil and gas major, with a current installed base of 448 EV charging stations and 30 battery swapping stations, plans to expand the charging station network in a phased manner over the next three years. The first phase will focus on nine cities, including Mumbai, Delhi, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Surat, and Pune.

The ‘captive mode’ solar plant installed by Cleantech Solar shall power Siemens’ manufacturing facility located at Kalwa in Maharashtra. 

Scientists in India conducted a techno-economic analysis for a 100 MW production line for carbon-electrode perovskite solar modules, located in Himachal Pradesh, India. The analysis concludes that, even at the smaller scale, this emerging technology could achieve cost levels comparable with today’s silicon solar products.

At COP26 Summit in Glasgow, prime minister Narendra Modi also announced India’s pledge to increase its non-fossil energy capacity to 500 GW by 2030. The nation would also increase renewable energy’s share in its overall energy generation mix to 50% by 2030.

The Chinese inverter company has shipped more than 10 GW of solar inverters in India since it began its operations in the market in 2014.

The Indian multinational has elevated Shilpa Urhekar to the position of national head-India for its solar EPC business.

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.

Foreign direct investment’s role in bringing in finance, superior technology and other resources is undoubtedly a critical one. The Indian government has tried to create a conducive environment for enabling flow of foreign investments into the solar energy sector in the country, but the norms need to be eased further to really push the industry to its maximum growth potential.

The integrated power producer’s revenue from operations increased 18% to INR 9,810 crore from INR 8,290 crore in the same period last fiscal year.