Cobalt-free, solid-state, lithium-ion battery plant opens in Silicon Valley
U.S-based solid-state battery start-up Sparks has opened a pilot plant for its patented lithium battery technology based on zero cobalt cathodes. The company wants to challenge China’s dominance in next-gen battery development.
Scatec and Acme put their 900 MW Rajasthan solar project on hold
Norway’s Scatec, which has a 50% stake in Acme’s 900 MW solar project in Rajasthan, cited a lack of domestic solar panel supply and the 40% import duty on solar panels effective from April as the reasons for putting the PV project on hold.
Rajasthan to create geo mapping-based data bank for renewable energy projects
The move is aimed at identifying chunks of land for solar plants and solar parks as the State government looks into the possibility of developing more capacity in the state and further increasing its ‘37.5 GW by 2024-25’ renewable energy generation target.
Tata Power to deploy electric vehicle charging stations at Apollo Tyres retail outlets
Tata Power has signed the deal to set up electric vehicle (EV) charging stations at Apollo Tyres’ 150 branded retail outlets. In addition to the customers visiting these tyre retail outlets, the charging stations would be open for use by the general public as well.
With green bonds push, the sun continues to shine for renewable energy financing in India
With the issuance of sovereign green bonds, several global investors will be interested in taking exposure to the Indian renewable energy market that is brimming with opportunities in hybrid, storage, round-the-clock, and rooftop solar projects.
BloombergNEF says global solar will cross 200 GW mark for first time this year, expects lower panel prices
The analyst also forecasts strong growth for the storage business and a significant increase in PPAs for photovoltaic projects in Europe. It also said the newly installed PV capacity for 2021 reached 183 GW.
Union Budget targets domestic production with 40% solar import duty and boost to manufacturing-linked incentive
The budget presented today by finance minister Nirmala Sitharaman allocates an extra INR19,500 crore (US$2,602 million) to the production-linked incentive scheme for solar and notifies basic customs duty of 40% on foreign-made solar modules and 25% on cells, from April.
Electric mobility sector’s budget wishlist
Players in the electric mobility sector call for a reduction in goods and services tax on electric vehicle (EV) batteries, easy access to low-cost finance for EV buyers, and expansion of FAME Scheme subsidy to ICE-to-EV conversion kits. They also expect the government to enhance the manufacturing capacity and financial layout under the production-linked incentive (PLI) scheme for advanced-chemistry battery cells.
Talesun to supply 250 MW bifacial modules for Rajasthan solar project
The Chinese solar manufacturer has signed a deal with Indian developer Clean Solar Power to supply 250 MW of BIPRO series bifacial modules for a solar project in Rajasthan.
AC Energy and UPC Renewables start work on their largest solar project in India
Philippines-based AC Energy and Hong Kong-headquartered UPC Renewables’ solar energy arm are jointly building a 300 MWac (420 MWp) solar farm in Madhya Pradesh. The plant, when completed, will be the joint venture’s third and largest solar project in India to date.
