Markets & Policy

In a recent survey, an overwhelming 73% of respondents said they remain upbeat about India’s renewable growth prospects, despite recent policy reversals and various other operational challenges the industry faces.

This is Tata Power’s fourth major partnership with an energy retailer to expand its presence in the e-mobility business. As part of the MoU, the private-sector electricity generator with work with Mahanagar Gas Limited (MGL) to set up solar rooftop projects and commercial-scale electric vehicle (EV) charging and battery swapping stations.

A unit of Piramal Group will be investment and project manager for the fund, prompting speculation cash will be spent on assets developed by Mytrah Energy.

While Bureau of India Standards certification is a genuine attempt by the Indian government to mitigate the risks associated with poor solar module quality, there are several reasons why it is not 100% effective. pv magazine India’s Uma Gupta investigates India’s efforts to ensure quality in its booming PV industry.

And the analyst expects that annual new additions figure to rise to 10.6 GW in 2025. This year the U.S. will surpass South Korea as the largest storage market due to new capacity for solar-plus-storage projects. In Japan and Australia, growth will be spurred by the termination of FIT programs.

The import of secondary cells and batteries of lead-acid and nickel-based chemistries will be allowed subject to IEC 61427 certification of the product and certificate issued by the MNRE, along with an undertaking from the supplier that the products will be utilised for solar PV power projects only.

The Japanese multinational will transfer its Panasonic Energy Malaysia unit to Chinese heterojunction module provider GS-Solar as part of a broader cooperation agreement. Panasonic’s solar R&D business will form part of a JV in Japan to be 90% owned by GS-Solar.

Waste-to-energy, battery lifecycle solutions and hazardous waste management will make up an increased share of Fortum’s business in future. While solar will continue to be a mainstay for the Finnish clean energy company in India, Fortum wants to deepen its presence in the electric vehicle space with smart solutions, according to Sanjay Aggarwal, the company’s India MD, and Juha Suomi, area director for Asia, who spoke exclusively to pv magazine.

The court appears to have sided with solar developers who are complaining about a revision made late last year which ensured only 70% of the costs associated with PV project establishment would qualify for a discounted rate of goods and services tax.

The procurement – for PV capacity at the Dholera Solar Park – attracted bids for just 300 MW as developers shunned a tariff ceiling of Rs2.75/kWh.