The state government’s Policy for Development of Small-scale Distributed Solar Projects 2019 allows any individual or company to set up solar plants in capacities ranging from 0.5 MW to 4 MW for sale of electricity to the DISCOMs.
Following equity injection of about Rs 5169 million, Singapore-based integrated energy player has signed an agreement to invest another Rs 4060 million in Sembcorp Energy India Ltd to gain complete control over it and pursue growth in the India renewable energy business.
Commercial and industrial (C&I) sector consumes 51% of the total electricity generated in India, with a mere 3% of this consumption coming from renewable energy. To increase renewable energy uptake among C&I consumers, India needs to explore new models like virtual power purchase agreements, green tariffs, internationally tradable RECs that have already been successfully tried and tested in many countries—according to a report by climate advocacy group WWF India.
An Indian Institute of Technology research team analyzed around 300 studies about PV panel waste containing carcinogenic metals. The researchers said solar module recycling is not economically profitable and policy support is necessary to avoid panels being dumped in landfill.
The government has supported 425 electric buses on pilot basis since the launch of FAME India [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] scheme that—in its second phase—aims to support (through incentives) about 7000 e-buses over a period of three years commencing from April 1, 2019.
Ather Energy, an Indian electric scooter maker, has signed a memorandum of understanding with the government of Tamil Nadu to open a new production facility for lithium-ion batteries and electric vehicles.
The Indian capital has so far installed only 146 MW of rooftop solar capacity, against year 2019 target of 606 MW set under the Delhi Solar Policy. The slow growth is primarily due to certain myths among consumers which need to be debunked with better installer-consumer connect—says Delhi Solar Campaigner Sandeep Dahiya who currently leads the 100% UP, SeeNow, Energy & Power Sector reform work in India as a Campaigner at Purpose Climate Lab.
Apart from thrust on energy efficiency and clean energy, the new policy will focus on Make in India for cells used in electric vehicle batteries and measures for demand creation and incentivizing investments.
Clean energy investment across 104 emerging markets fell sharply by $36 billion in year 2018 from the previous year, even as their coal burn surged approximately 500 terawatt hours to a record high of 6.9 thousand terawatt-hours. Though the decline in clean energy investments was driven largely by China, inflows to India and Brazil also slipped by $2.4 billion and $2.7 billion, respectively. India, however, emerged as the market with greatest renewables potential.
The recently proposed guidelines allow electricity cost reduction of only Rs 3.64/unit for commercial and industrial consumers, which is not even sufficient to recover the capital costs of setting up the solar infrastructure.
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