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Markets & Policy

Proposals invited for joint Indo-Hungary research in renewable energy

Multidisciplinary research teams and linkages to industrial partners are highly encouraged. Project duration is 36 months. The deadline for submitting the applications is March 11, 2020.

TERI develops blockchain-enabled prototype for solar power trading

The platform will help to promote the adoption of rooftop solar PV systems, particularly in the residential consumer segment, as it will incentivize consumers for trading among themselves, in addition to selling to the distribution utility—according to the sustainability thinktank which has also come out with innovative use cases of blockchain for electric vehicles and distributed battery storage.

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AEPPL to invest Rs37.15 billion in second phase of lithium battery plant

The joint venture between Japanese majors Toshiba, Denso and Suzuki will make the investment in the Gujarat plant over the 2021-25 period, having pumped Rs12.5 billion into the first phase of development.

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PM’s office reportedly considering waiving carbon tax on coal

As Germany shuttered another of its nuclear power plants on New Year’s Day, Narendra Modi’s office was said to be considering a proposal which would make coal more competitive with renewables in India.

Gayatri Projects completes sale of power assets to Singapore-based Sembcorp

The company sold its 5.95% stake in Sembcorp Energy India—held through subsidiary Gayatri Energy Ventures—for Rs 4067.70 million.

Emissions, EVs and renewable energy: Reflections and outlook for India

India, one of the most diversified energy markets in the world, has recently become the lowest-cost producer of solar power. This reflects a steady and encouraging shift toward renewable power—a shift that’s in line with the targets set by the government. At the Climate Action Summit that was held earlier this year, Prime Minister Narendra […]

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Maximizing the potential of PV irrigation in Spain’s ‘Sea of Plastic’

Spanish researchers have developed an analytical model to optimize the operation of PV water pumping systems. They say simultaneously irrigating different parts of a farm could help minimize costs and maximize energy use. The model was tested on an olive farm divided into four zones in the Spanish province of Almería.

Solar set for boom after a gloomy 2019

Solar installations in year 2020 are set to exceed 10 GW after a year hit by political uncertainties, module price increases associated with safeguard duty and a fewer number of awarded tenders. The outlook for battery energy storage installations for solar projects, however, is bleak as such combinations in India can cost 3-5 times more in 2020 than standalone renewable projects.

Renewable energy MoU with Saudi Arabia gets cabinet nod

Project development and value chain localization are the focus areas for cooperation between the two countries.

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TBEA’s new 2 GW factory in India to produce string and central inverters

pv magazine recently attended the opening ceremony of TBEA’s GW-class new energy equipment manufacturing base in Bangalore–the city that also hosted the recent Intersolar India exhibition and conference in the same week as TBEA’s inauguration ceremony.

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