Integrating higher share of renewable energy in India’s power system
To increase the share of renewable energy, India needs to introduce demand-side measures like time-of-use tariffs, develop a well-connected national grid, deploy various energy storage options for grid balancing services, and convert its fossil-fuel-powered fleet to operate flexibly.
Hild Electric signs 600 MW alkaline electrolyzers deal with NTPC
NTPC, India’s largest power company, will use Hild Electric’s green hydrogen production technology to decarbonize energy, transport and ammonia projects.
Fortum Charge & Drive unveils new brand identity, eyes 3,000 EV charging points by FY 2025
Fortum Charge & Drive India has unveiled its new brand identity ‘Glida’ signifying its commitment to delivering a seamless electric vehicle (EV) charging experience in India. Glida plans to increase the number of its EV charging points to 3,000 by 2025 from around 450 at present.
IFSCA and Climate Policy Initiative sign MoU on sustainable finance
The International Financial Services Centres Authority (IFSCA) and Climate Policy Initiative – India (CPI) have signed a Memorandum of Understanding to support the mobilization of sustainable finance in India.
Chile releases bidding terms for 5,400 GWh renewables, storage auction
The Chilean authorities want to contract 5,400 GWh of power from renewable energy, while also including battery storage. The selected developers will secure 20-year power purchase agreements (PPAs).
Oriana Power completes pre-IPO funding round
The Noida-based commercial and industrial solar developer said the pre-IPO round was led by renowned stock investor Anil Kumar Goel, JSW veteran Prashant Jain and Meru founder Neeraj Gupta.
Big module makers in China call for wafer standards
Trina Solar, JinkoSolar, JA Solar, Longi, Risen, Canadian Solar, Tongwei, Chint, and Das Solar have issued a joint statement demanding the standardization of wafer sizes.
China polysilicon prices hold steady amid rebound talk
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
ABB India launches 97.4% efficient UPS solution for data centers
ABB India has launched MegaFlex DPA (decentralized parallel architecture) UPS solutions with energy efficiency of up to 97.4% for the Indian market. The UPS are claimed to have up to 45% smaller footprint than competing products.
New guidelines for inter-row spacing of PV power plants
A Canadian research group has applied new guidelines for ground coverage ratios to 31 locations in Mexico, the United States, and Canada. It found the new formulae show that the factors affecting inter-row energy yield loss are highly dependent on latitude.
