Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
The European Solar Manufacturing Council (ESMC) is urging the European Union to adopt legislation against forced labor in the PV industry, by explicitly calling for measures to prevent solar products produced with forced labor from entering the European market.
Currently, India has 28 GW of solar PV module manufacturing capacity and 6 GW of cell capacity, said Bhupinder Singh Bhalla, secretary, Ministry of New & Renewable Energy (MNRE).
The PHD Chamber of Commerce and Industry (PHDCCI) has recommended nil import duty for electrolyzers until 2030 and zero goods and services tax (GST) for green hydrogen/ammonia. It has also proposed the inclusion of green hydrogen derivatives in the list of activities eligible for carbon credit trading, among other suggestions.
India is seeing a large fall in solar panel imports from China as it prioritizes domestic solar manufacturing, finds a study by Ember.
As solar energy becomes the most cost-effective form of energy generation in many countries, with clear climate, energy, and economic benefits, its acceptance and political support are growing. To enhance resilience and sustainability, strategies that incorporate a diverse energy mix, combining centralized and distributed renewable generation, are most effective, especially in underserved nations.
The Indian government is considering financial incentives such as viability gap funding and green finance to encourage the adoption of energy storage systems in the country. It may also issue an Approved List of Models and Manufacturers (ALMM) mandate for battery storage systems for power sector applications.
The city will meet 10% of its electricity requirements from solar power in four years.
The Australian Energy Market Operator (AEMO) says that 248 GW of proposed generation projects, storage installations, transmission developments, and government energy programs have the potential to address many of the risks in its latest market forecast – if they are delivered to schedule.
The renewable energy technology action platform will initially focus on green and clean hydrogen, wind energy, long-duration energy storage, and exploration of geothermal energy, ocean/tidal energy and other emerging technologies.
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