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Markets & Policy

Waaree signs MoU with Gujarat to set up Rs 11 billion solar modules and cells plant

Coming up at Moda village in Valsad district, this will be Waaree’s third solar modules investment in Gujarat after Surat and Umargam plants.

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Large scale storage still some way off

Consultancy Bridge to India has looked into its crystal ball to predict India will add 10 GW of solar capacity this year and the same next year before deployment slows to 7 GW per year in 2022 and 2023, dogged by hurdles such as an inexplicable ongoing demand for new coal-fired power plants.

Azure Power posts Q3 loss but continues to expand solar portfolio

The New Delhi-based developer posted a Rs136 crore loss from October to the end of December but has managed to shift current liabilities into the long grass as it aims to continue on an expansionist trail, backed by the Canadian pension fund which holds almost half its shares.

US based Triton Solar buys stake in startup Ushva Clean, JV to launch electric car

Leveraging Triton Solar’s battery technology and Ushva’s experienced team from IIT Bombay, the strategic alliance aims to develop one-of-a-kind car with the longest travel range on a single charge and unique user experience.

Indian reservoirs could host 280 GW of floating solar

At 58 GW, the state of Maharashtra has the greatest potential to generate solar energy through floating PV or ‘floatovoltaics,’ according to a study by The Energy and Resources Institute.

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3 GW Indian solar projects at risk due to Coronavirus, says CRISIL

Delay in sourcing of PV modules from China can cause project cost and time overruns, inviting penalties for missing the commissioning date.

Bharat Heavy Electricals opens tender to procure 12m polycrystalline solar cells

The state-owned engineer has specified the dimensions of the devices required and the bid window will close on Friday.

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Startup launches cheapest EV charger, plans to install 100,000 units in a year

Having bagged orders for 470 chargers in pilot stage itself, Bengaluru based electric scooter startup FAE Bikes plans to aggressively expand its IOT enabled EV charging network. The chargers—costing just Rs 10,000—can be set up anywhere including small shops and homes with standard power supply.

Balancing the renewable energy intermittency

Annual renewable energy balancing between resource-surplus and resource-deficit states can help solve DISCOM woes while ensuring their compliance to renewable purchase obligations.

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Solar powered portable cold storage, grid monitoring system among winners of Social Alpha Energy Challenge 2.0

The winning startups will receive lab-to-market incubation support at the Clean Energy International Incubation Centre (CEIIC), which has been set up by the not-for-profit platform Social Alpha with support from Government of India and Tata Trusts in Delhi.

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