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Policy

Power minister launches transmission system plan for over 500 GW renewables capacity by 2030

India’s Ministry of Power has chalked out a comprehensive plan for the evacuation of power from the planned 500 GW of renewables capacity by 2030. The plan envisages an additional transmission system and the installation of battery energy storage capacity.

Sembcorp to deploy more than 400 MW of PV at coal facility in Bangladesh

Singapore’s Sembcorp plans to install several solar plants near 1.4 GW of coal power capacity that developers are now building in Bangladesh.

India added 3.3 GW of solar in Q3 2022

India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations

Hydrogen, carbon prices and electricity markets

The hydrogen economy, particularly green hydrogen, has a long growth path ahead.

Uttar Pradesh targets 22 GW of solar in next five years

The state government has announced its Solar Policy 2022, which places a special focus on the setting up of solar parks with storage systems. The policy also provides big incentives for the adotion of rooftop solar systems and the solarization of tubewells for agriculture.

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BCD pass-through to benefit up to 6 GW of solar projects

Tariffs will rise by 50-70 paise/kWh for up to 6 GW of solar projects as developers are allowed to pass on the impact of basic customs duty on cells and modules under ‘change-in-law’.

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Ernst & Young again ranks India as world’s most attractive solar market

India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).

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India terminates solar cell anti-dumping probe

India’s Directorate General of Trade Remedies, an entity under the Ministry of Commerce and Industry, has terminated an anti-dumping probe into solar cells coming from China, Thailand, and Vietnam as domestic manufacturers withdraw the application.

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Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA

The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.

Reliance Industries to restructure group EPC resources

India’s Reliance Industries Ltd (RIL) is realigning its engineering, procurement, and construction (EPC) resources to create a focused EPC undertaking for implementing its large projects across New Energy, oil-to-chemicals, and 5G roll-out.

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