Markets & Policy

Nearly 19 GW of renewable energy capacity tendered by the Solar Energy Corporation of India (SECI) is on hold due to electric distribution companies’ unwillingness to sign the power purchase agreements. Manufacturing-linked solar projects alone account for a 63% share of the capacity in limbo.

Global and Indian industry players have created an India hydrogen alliance committed to building a hydrogen economy and supply chain in India. NYSE-listed hydrogen solutions provider Chart Industries and India’s Reliance Industries will act as co-leads of the coalition that aims to help develop hydrogen production and storage, industrial and transport use-cases.

The startup has developed an industrial Internet of Things-enabled sensor and analytics solution that allows manufacturing and power industries to track device-level energy wastage in real time. 

The New Delhi-based developer has agreed to sell its 152 MW of solar rooftop portfolio for INR 536.5 crore (US$ 73.5 million) as it focuses on capital discipline and improving shareholder returns.

A new report compares the European Union and Indian regulatory frameworks for managing end-of-life solar panels. It also assesses and analyses the PV waste market and processing capacities in India and shares recommendations for the Indian stakeholders.

A new report says that combining rooftop solar with storage presents an enormous opportunity for India as the combination becomes economically viable soon. It highlights the best practices from Australia—a nation with the world’s highest rooftop solar capacity per person—to serve as a guide in planning for this integration.

German solar manufacturer Axitec has revealed plans to start selling its new half-cut PV modules from the second quarter. It manufactures the panels with 182 mm wafers.

Following 75 MW solar assets in Telangana, Adani Green Energy has completed the acquisition of 20 MW PV assets in Uttar Pradesh for INR 133 crore. 

The U.K.-based analyst has raised its outlook for new PV additions in 2021 by around 23 GW. Due to strong demand, leading module manufacturers are sold out for the first half of the year.

Japan International Cooperation Agency has signed an agreement with Tata Cleantech Capital to mobilize JPY 10-billion debt fund for projects across renewable energy, e-mobility, and energy efficiency sectors.