The renewables business of the conglomerate will undertake its first project across the border by providing engineering, procurement and construction services on a Rs12.6 crore, 3.1 MW array for a German-Bangladeshi knitwear company which will buy the power generated for Rs5.71518/kWh.
The ChargeGrid Flare, costing around Rs 95,000, shall enable faster deployment of curbside vehicle charging with less street clutter than other approaches.
Proposals must reach the Department of Science & Technology (DST), Government of India, and Ministry of Science and ICT (MSIT) of the Republic of Korea by May 8. Each selected project will be funded for a period of three years.
US scientists claim to have discovered a membrane which could lead to cheaper large scale flow batteries. The material is an ion-selective, aqueous-compatible polymer with intrinsic microporosity known as AquaPIM and is said to have tunable thickness and high conductivity in aqueous electrolytes.
A report by Norwegian energy consultant DNV GL has considered the opportunity for long-term energy storage to play a role in balancing annual supply and demand fluctuations in a renewables-led grid. Using 58 years of Dutch weather and energy consumption data, the study found long-term solutions such as green hydrogen could make a valuable contribution – but perhaps not as much as some analysts believe.
The New Delhi based lender—which has funded over 45 MW of distributed solar energy assets—will use the new investment to catalyze the growth of residential and commercial solar systems, solar pumps, floating solar and solar cold chains in India.
These solar plants—installed for eleven nagarpalikas (municipalities) in the State—would generate approximately 2,835 KW power, saving Rs 2.94 crore in the electricity bills.
The Climate Investment Platform launched by three multilateral bodies in September is now open for business and renewables companies in developing nations across 14 regions including south Asia could qualify for help with clean energy facilities, renewables-related grid improvements and energy efficiency schemes.
Lobby group the National Solar Energy Federation of India has welcomed the move and asked the Ministry of New and Renewable Energy to extend any such measures to existing contracts to help developers meet working capital requirements.
An application seeking continued imposition of the safeguard duty for a further period of four years was filed by Mundra Solar PV, Jupiter Solar Power and Jupiter International, through the Indian Solar Manufacturers Association (ISMA).
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