Markets & Policy

Developers are also expected to drag their heels over project completion during the first half of the year as the safeguarding duty applied to imported Chinese and Malaysian solar products is due to expire at the end of July.

While China continues to be the top solar module exporter to India, Thailand doubled its module exports to India from $55.05 million in 2018-19 to $110.39 million during the first nine months (April-December) of the current fiscal. Vietnam’s module exports to India also rose sharply from $91.97 million to $127.21 million.

Contracted revenue, minimal volume risk and moderate-to-strong counterparties mitigate cash flow concerns in solar assets.

India, with 750 GW of solar potential, has also one of the highest transmission and distribution losses in the world. So, while there is immense scope in PV deployment, there is a need for greater investment in grid related projects also to help the country best utilise its renewable energy potential, says the latest report by SolarPower Europe and National Solar Energy Federation of India (NSEFI) which also makes recommendations to help accelerate investments in the solar sector.

Tata Power will install a range of AC and DC chargers, starting from 7 kW to 50 kW capacity, for Jaguar Land Rover’s electric vehicles to be launched in India.

The programme—co-funded by Swedish Energy Agency and India’s Department of Science & Technology (DST)—aims to develop technologies that can be commercialized after two years. While SEA has committed US$2.6 million over four years for research and innovation collaboration with India, DST will also fund a matching investment of Rs 18 crore to support Indian partners.

Scientists at Germany’s Helmholtz Zentrum Berlin have made a discovery they say could greatly increase the energy storage capacity of titanium-based ‘MXene’ pseudocapacitors, ultimately leading to faster-charging batteries. The group found adding urea molecules between MXene layers increased the material’s storage capacity by up to 56%.

Following a 20 MW floating solar project in Uttar Pradesh last month, Larsen & Toubro has won an order to design and construct a 50 MW solar plant in Tamil Nadu.

As the contagion continues to spread, its impact is beginning to be felt on the solar industry outside China with the cancellation or postponement of major trade shows and conferences that were set to take place over the next few weeks.

Bids are invited for supply of multi-crystalline solar modules, with peak power output of minimum 325 Wp each, to different substations in various districts of Maharashtra and Uttar Pradesh. Bidding closes on March 5.