Solar manufacturers warn of 12-18 months disruption for standalone products
Potential price rises of 14% for the solar home systems that are driving access to electricity in the world’s under-served regions could signal further arrested progress towards the UN goal of universal access by 2030.
Prioritizing efficient plants in coal power dispatch could save INR 9,000 crore annually
A new report proposes a scenario that prioritizes efficiency over variable costs in India’s coal power dispatch mechanism. It goes on to estimate the efficiency improvements and cost savings achieved in this scenario.
Revisiting the net metering cap for rooftop solar
The Ministry of Power has issued a draft amendment to Electricity (Rights of Consumers) Rules, 2020, which allows net metering for rooftop solar systems of loads up to 500 kW or up to the sanctioned load, whichever is lower and net billing (gross metering) or net feed-in for above 500 kW.
Fourth Partner Energy acquires 8.9 MW solar portfolio from Statkraft
The acquisition is in line with the Hyderabad-based corporate solar developer’s plan to ramp up. For Norwegian developer Statkraft, the selloff is part of its strategic plan to exit the distributed solar segment in India and focus on developing large-scale projects.
India has reached 42.3 GW of grid-interactive solar
India has installed 42.3 GW of cumulative grid-connected solar capacity, with additions led by Karnataka (7,409 MW), Rajasthan (6,581 MW), and Gujarat (5,132 MW).
‘Polysilicon shortage will continue through 2021’
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
CEO survey shows renewable energy industry in upbeat mood
A survey conducted among top executives in the renewable energy industry elicited positive feedback on most fronts, including government policies, demand for renewable power as well as land.
MYSUN secures INR 15 crore for rooftop solar expansion
The rooftop solar solutions provider will utilize the funds for its existing and new pipeline of distributed PV projects under its asset vehicle MYSUN+.
Grevol to use CATL lithium cells for EV battery packs
The New Delhi-based electric mobility firm has launched electric vehicle (EV) battery packs using lithium-ion cells from China’s Contemporary Amperex Technology Co. Ltd. (CATL).
AIIB approves US$50 million for Enel Green’s 300 MW solar project
Italy’s Enel Green Power is developing the solar project in the Bikaner district of Rajasthan. The total project cost is approximately US$200 million.
