The minimum solar tariffs discovered fell by 131.5% over the last five years, with an 18% drop achieved in the last five months alone.
A recent GOGLA report indicates an increasing trend towards hybrid power solutions that integrate DC solar with AC grid power, and appliances that integrate both AC and DC power. In particular, the sales of hybrid solar inverter UPS in India is growing at 25% annually, much faster than conventional inverters’ 10% annual market growth.
The regulator has sought a detailed study after it received requests for reconsidering the useful life and capacity utilization factor (CUF) of solar projects as notified in draft regulations 2020.
The Solar Energy Corporation of India has issued amendments to the procurement and extended the bidding deadline a second time.
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
A new report by Auroville Consulting highlights gaps and challenges existing today in financing rooftop solar based on its evaluation of the international lines of credit’s implementation at the state level (for Tamil Nadu), and the availability and accessibility of the financial support.
The U.S. authorities are currently subjecting imported bifacial modules to a 20% penalty – the same tariff applied to almost all other crystalline silicon solar modules.
The Climate Group has reported that just 33 members of its global EP100 initiative avoided carbon dioxide emission by one billion metric tonnes purely through energy efficiency measures. Of this, 360 million metric tonnes—comparable to taking 77 million cars off the road for a year—was avoided in the last year alone.
An ambitious, INR146,000 crore, five-year expansion of a previous domestic industry spending program includes money to attract investment into the sustainable energy and transport technologies.
The Group’s renewable energy business (Adani Green Energy) has a market value of US$15.6 billion, which is 40% more than India’s largest thermal power generator NTPC—a company with 22 times as much capacity. The RE business is of serious global investor interest, but also materially exposed to the wider Group’s environmental, social and governance (ESG) standing. By committing to phased closure of coal plants, Adani Group could lower the risk to global capital access while aligning with the government’s vision for energy independence through fast-growing reliance on renewables.