Markets & Policy

After two decades of growth, the amount of newly installed renewable energy capacity is no longer rising and, despite a 7% growth in electricity generation from clean energy sources, global energy-related carbon emissions have risen 1.7%.

Under the partnership, projects will be sought on nomination as well as through competitive bidding. Exicom shall also help state-owned Bharat Heavy Electricals Limited (BHEL) to set up electric vehicle (EV) charger manufacturing facility for e-mobility business.

With concern rising about future solar waste in India, research by the University of New South Wales has examined the economic barriers, technologies and opportunities offered by recycling end-of-life silicon PV modules.

The German EPC contractor is also building a 250 MW AC ground-mounted solar farm in Karnataka. Overall, with an already installed capacity of more than 370 MWp and other projects under implementation, it expects to cross 1 GW of installed capacity in India by the year end.

India’s leading solar region has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.

As the nation aims for 100 GW of solar capacity by 2022 it is staring at up to 1.8 million tons of PV waste by 2050. A solar waste management seminar organized by consultancy Bridge To India in New Delhi brought stakeholders together to discuss how a PV waste management system could help.

KKR has also applied to become a co-sponsor of the power infrastructure investment trust and plans to acquire additional 15% stake in it. The deal marks KKR’s first infrastructure investment in Asia.

The company has identified renewables, transmission and distribution, and value-added businesses such as rooftop solar, smart metering, electric vehicle (EV) charging stations and micro grids in rural areas as key growth areas.

The Chinese string inverter giant was the world’s biggest supplier for the fourth year in a row, despite ceding 4% of its global market share, according to analyst Wood Mackenzie. Asia-Pacific was again the largest inverter market, accounting for 64% of global shipments.

The power company needs to secure PV energy for 11-18 hours per day this month and in September in order to meet its renewable purchase obligation. Solar energy from outside the state of West Bengal will be considered.