Rooftop solar price to keep rising this year
British analyst GlobalData has predicted residential and commercial rooftop panels will not return to a declining price trend until next year, with post-Covid logistics headaches the cause, rather than a polysilicon shortage.
India and Australia sign letter of intent on solar, ‘clean’ hydrogen
India and Australia have signed a letter of intent to cooperate on scaling up the manufacture and deployment of ultra-low-cost solar and clean hydrogen.
India, Denmark to fund joint R&D projects on green hydrogen fuels
The Department of Science & Technology, Government of India, and the Innovation Fund Denmark (IFD) have collaborated to fund Indian and Danish researchers on the joint development of green fuels including green hydrogen.
Solar power prices rising with demand
Recent BloombergNEF research shows that corporations procured a record 31GW of renewable energy in 2021, and LevelTen Energy says that growth occurred despite more than a year of price increases.
MNRE notifies framework for promotion of distributed renewable energy-based livelihood applications
The framework will guide the state-level and central government ministries and other stakeholders in formulating schemes and programs for the promotion of distributed renewable energy-based livelihood applications.
New poly fabs could head off first-half solar project slowdown
Norwegian analyst Rystad Energy has warned the solar industry could suffer the same effects of rising input prices as onshore wind developers grappling with ever more costly steel, with much hinging on how much solar panel raw material polysilicon can be manufactured.
Ayana, Greenko partner on 6 GWh of pump-hydro storage
Greenko Group will provide Ayana with 6 GWh of pumped-hydro storage capacity from its project in Andhra Pradesh, allowing Ayana to provide firm power to offakers.
India’s technology path key to global steel decarbonisation
The global steel industry is poised to shift from coal to hydrogen. With enough high-quality iron ore and low prices for hydrogen, India could play a pivotal role in global steel decarbonisation given its large and growing economy.
Torrent Power to acquire 25 MW solar plant, Reliance completes acquisition of 40% stake in Sterling & Wilson Solar
The 25 MW solar project acquired by Torrent Power benefits from a a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd. Reliance New Energy Solar Ltd, a wholly-owned unit of Reliance Industries Ltd, now holds 40% of the total paid-up equity share capital of Sterling & Wilson Solar following acquisition of a further stake from its promoters.
Rajasthan signs pacts for over 90 GW of renewable energy projects
State-owned power producers THDC India, NTPC, NHPC, and SJVN have committed investments to build 10 GW of renewable energy capacity each. Among private firms, Reliance plans 20 GW and Axis Energy Group 28 GW of solar projects and 4 GW solar module manufacturing facility.
