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Markets & Policy

Covid-19: Discom revenue dip could spell trouble for PV producers

Sliding electricity demand and declining commercial and industrial activity could prompt distribution companies to block or delay payments to solar power producers.

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Prospects of India-UK partnerships in creating digitalized energy systems

India’s energy system immediately needs a shift from centralized commands to dynamic interactive structures. While the UK is already spearheading digitalization of its energy systems, India has ample areas demanding interventions, such as integration of decentralized energy systems using digital innovation and analytical tools.

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IndiGrid acquires Sterlite Power’s transmission project worth US$134 million

The project—East North Interconnection Company Limited (ENICL)—provides critical inter-state connectivity for evacuation of power from generation plants in the north-eastern region. It also aims to end power shortfall in Assam during non-monsoon months.

India is third largest producer of electricity in the world: Power minister

The government has signed Memorandum of Understanding with Bhutan, Bangladesh, Nepal, and Myanmar to inter-alia improve power connectivity and enhance energy trading in the region.

Pumped electricity storage makes a comeback in India, and the world is taking note

India’s energy storage juggernaut is on a roll with the country discovering the cheapest renewables cum storage tariff in history, anywhere in the world. The technology chosen is pumped storage. And by setting up an enabling environment, the government has signalled its commitment to boosting the market!

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Delhi discom BRPL deploys Enact’s cloud platform to manage solar approvals

The digital platform automates the entire distributed solar project design and net metering approval process, which is crucial in today’s era of social distancing and remote business operations driven by COVID-19 globally.

Blackstone could provide Indian energy security a strong boost

For one of India’s largest foreign investors, it’s time to invest in renewables.

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Analyst expects recovery for PV and storage supply chains

U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.

Fourth Partner Energy, Lithium Urban form JV to set up solar-powered EV charging infrastructure

Under joint venture ‘Shuchi Anant Virya,’ Fourth Partner Energy has commissioned solar powered charging facilities in Gurugram and Pune which will enable commercial electric vehicle (EV) fleet operator Lithium Urban Technologies to charge around 30 and 40 EVs, respectively, at the same time.

SECI tenders 5 GW of grid-connected renewable projects with storage option

The selected developers shall set up renewable power projects on build-own-operate basis anywhere in India and complement the generated renewable power with thermal power, if needed, to ensure round-the-clock power supply.

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