Markets & Policy

Earlier, the state had planned to set up floating solar plants at Ujani and Irai dams but had to shelve the projects due to ambiguity on the project implementation as well as revenue sharing, and the high cost involved, respectively.

Though electric vehicles are up to 67% less emissions intensive than gasoline cars, their competitiveness depends on many factors like the source of electricity used for vehicle and battery manufacturing and charging. Given that India still has a high share of coal or other fossil fuels in its power mix, electrifying the current car taxi fleet would help it cut emissions faster than incentivising the use of privately owned EVs because of the taxis’ greater utilisation in terms of miles travelled.

Haryana Power Generation Corporation Limited has invited global bids for setting up of an aggregate ground-mounted solar capacity of 57 MW at three sites in the state. Of the total capacity, 30 MW shall come up in Faridabad, and plants of 15 MW and 12 MW at two separate sites in Yamuna Nagar. Bidding closes on July 17.

Citing huge losses to solar power developers, the lobby group has urged state-owned utility Karnataka Power Transmission Corporation Limited not to arbitrarily curtail generation from solar power projects that are in any case ‘must run.’

The world’s number one mono silicon module manufacturer will add another 5 GW to its annual panel production capacity in 2020 as it pursues 16 GW of output this year and 25 GW next year.

Three dual renewable energy generation projects are up for grabs with the state owned railway management company having set a tariff ceiling of Rs2.70/kWh for projects which will be dominated by wind capacity.

Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.

The developer’s Gujarat business will supply power for Rs2.69 under a 25-year PPA after winning a tender conducted by the Solar Energy Corporation of India.

The tariffs are slightly above Rs2.48/kWh seen in March procurement but still fairly below the levels hit in Maharashtra and Gujarat auctions recently—reaffirming the state’s attractiveness to PV developers.

Wasteful use of water for solar panel cleaning is posing these areas to a high level of water risk. To justify its environment-friendly tag, the industry needs to replace manual cleaning with technologies providing water-efficient solutions.