Markets & Policy

China unveils an ambitious new push on grid parity solar

Beijing has outlined a series of policies mandating local and provincial authorities, state-owned banks and grid operators to pull out the stops to drive the rapid escalation of subsidy-free PV projects. The announcement has seen Chinese solar stocks on the rise.

Sodium-nickel-chloride battery could fit the bill for India

The new ‘cerenergy’ system that has been developed in Germany can operate without air conditioning by using vacuum insulation even in extreme temperatures. With no rare earths required for manufacture, the product’s basic material is salt.

Adani to build 5 GW data center parks in Andhra Pradesh

The Gujarati multinational will invest Rs700 billion to set up world’s first 100% renewable powered data center parks in the state.

Focus on scalability of energy storage – minister Suresh Prabhu

In his keynote address at a Make in India session at the Energy Storage India 2019 event in New Delhi, the minister for commerce and industry urged the storage sector to make products that are useful in an Indian context.

Solar money is all flowing downstream – in the West at least

Mercom Capital’s latest report on financial activity in the solar sector illustrates an increasing flow of capital towards downstream companies and PV projects – as well as a split between China and the rest of the world.

Innovation and Make in India at heart of Energy Storage India 2019

The sixth international conference and exhibition on energy storage, electric vehicles and microgrids in India kicked off today in New Delhi. Innovation and Make in India were the central themes.

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Renewable capacity in India set to jump by 50% in 2019

India is set to add renewable energy capacity of 15,860 MW in 2019, a leap of 50% on the 10,560 MW installed last year. Around 70% – 10,902 MW – of the new capacity will come from utility-scale solar projects, according to Bridge To India analysts.

NSEFI proposes renewable energy export body

The National Solar Energy Federation of India submitted the proposal to the Commerce Ministry in December and expects approval for a Renewable Energy Export Promotion Council in the next few months.

India would gain from differential electricity tariffs

More flexible prices during peak periods would incentivize the use of energy during times of lower demand and reduce the burden on the grid, according to a report by IEEFA. Day-ahead market pricing would better incentivize variable generation to ‘kick in’ at times of peak demand.

Macquarie, NTPC in race to buy IL&FS assets

India’s leading infrastructure finance company IL&FS expects up to Rs 80 billion from wind and solar asset sales.

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