India’s utility-scale PV capacity hit 41.7GW in December
India installed 41.7GW of cumulative utility-scale solar capacity as of Dec. 31, 2021. It has another 44.6GW in the pipeline.
Rajasthan emerging as a solar hub
Rajasthan, which has already surpassed the 10GW milestone of installed PV capacity, has mopped up commitments for over INR 8 lakh crore of investment in the State’s energy sector alone.
AC Energy to invest in PV in Bangladesh
AC Energy has revealed plans to invest in solar projects throughout Asia, including Bangladesh, by forming a joint venture with Germany’s ib vogt GmbH.
IndianOil, L&T and ReNew to form green hydrogen development JV
IndianOil, Larsen & Toubro, and ReNew will hold an equal stake in their proposed joint venture to develop, execute and own green hydrogen assets in India. Additionally, IndianOil and Larsen & Toubro will form a JV for the production and sale of electrolyzers.
The long read: E+V = better vehicles
Electric vehicle batteries are packed with energy, with additional battery density and efficiency working to quell range anxiety for drivers. But with that capability lingers a concern from some that EVs may pose a fire risk and a challenge for first responders in the event of accidents. Professor Ray Wills from Future Smart Strategies bought his first EV in 2012 and argues that in terms of safety, EVs remain an easily superior vehicle, and even the tiny fire risk that exists is an ever-diminishing issue.
IREDA to lend INR 268 crore to BluSmart Mobility
The integrated EV ride-hailing and charging company will use the amount to purchase 3,000 all-electric cars.
Fire incidents highlight ‘burning’ issues in India’s EV ecosystem
Although we may have just about commenced our run in the electric vehicle (EV) race, it is critical that we jump-start the pace of adoption by enhancing the overall perception of EVs from a safety and longevity standpoint.
British International Investment commits US$89 million to scale renewable energy generation in India
The UK investor (formerly known as CDC Group) has committed a $47 million follow-on investment in Fourth Partner Energy to build 294MW of greenfield renewable power capacity. Another $42 million will go to Italian power utility Enel’s India arm Thar Surya 1, to support the development of a 300MW greenfield solar project in India.
Servotech appoints vice president for EV charger business
As vice president, Deepak Kumar will lead end-to-end supply chain and operations for the electric vehicle (EV) charger vertical at Servotech.
Challenges in land acquisition for solar projects
While the Central and State Governments have taken several proactive steps to make it easier for solar developers to acquire land for their projects, land aggregation remains the single biggest roadblock in implementing large-scale projects, resulting in a slowdown in the industry.
