Markets & Policy

The developer is reported to have exercised an option to double the 4 GW of solar generation capacity and 1 GW of cell and module production facilities it secured in the manufacturing-linked solar tender carried out by the Solar Energy Corporation of India in November.

The new Indo-Danish cooperation will prepare the Indian energy system for the integration of 450 GW renewable energy by 2030. It will focus on knowledge exchange in areas such as energy planning and scenario modelling, integration of high share of renewable energy, power system flexibility and electricity markets.

The energy transition will change the geopolitical landscape, which has hitherto observed closely who controls the production and trade of hydrocarbons. The current ambition to find alternative sources of power has given impetus to a growing academic community to determine the probable geopolitical outcome of the energy transition. Renewables do not mutually share most of the unique features of fossil fuels, which translate into power political effects. So how should we understand the world of tomorrow?

Module manufacturers in special economic zones would be at a disadvantage when selling in the domestic market as they would be required to pay basic customs duty on the value of solar modules.

The Gurgaon-based data-driven fleet service provider—which launched India’s first all-electric heavy-duty truck last year—will use Faradion’s sodium-ion batteries in its commercial vehicles.

The projects—to be developed in three phases of 1 GW each—are expected to be completed by year 2022-23. While the first and the third phases will be developed under public-private partnership basis, the second phase will be on the ownership model of REMCL and eligible for capital subsidy under the CPSE scheme.

The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.

The Chinese manufacturer maintained its leading volume supplier position with the highest market share while accruing over 3.6 GW module installations in India.

Market dynamics may again alter the global supply-demand picture for solar modules, leading to an increase in prices or price stabilization.

Covid-19 crisis has provided system operators with insights on keeping the grid stable with high levels of renewable penetration. Post Covid-19, this may be the new norm, Gautam Adani said in a LinkedIn post recently.