Solar passports to support PV waste management in India
A new study proposes a blockchain-based solar passports framework to address the PV waste management challenge in India. It says such a framework would enable transparent tracking and verification of PV panels throughout their lifecycle, ensuring efficient asset monetization and promoting sustainable practices within the solar industry.
Power minister hints at another PLI scheme for grid-scale battery storage
The minister also underlined the need for diversification of supply chains by using alternative battery technologies such as sodium-ion.
Hydrogen market to surpass LNG by 2030, says Deloitte
Deloitte says it expects steady hydrogen market growth, with annual revenue projected to hit $1.4 trillion by 2050, while Denmark and the Netherlands have started discussing hydrogen collaboration with the governments of Namibia, South Africa, and Morocco.
Bangladesh improves conditions for domestic independent power producers
The government of Bangladesh has taken steps to improve conditions for independent power producers (IPPs) that develop utility-scale projects, in order to attract more domestic investments in solar and renewables.
The future of trade finance in sub-Saharan Africa amidst hard currency challenges
With foreign exchange shortages plaguing sub-Saharan African economies, Bank One’s Head of Trade, Gerald Ndosi, explains what measures can be taken to overcome US dollar liquidity challenges, promote trade finance, and foster sustainable economic growth in the region.
NSEFI awarded Special Consultative Status by UN ECOSOC
The National Solar Energy Federation of India (NSEFI) has been awarded special consultative status by United Nations Economic and Social Council (ECOSOC).
Rapid shift to solar energy is key to enhancing MSME productivity and exports
The biggest incentive in pushing the rooftop solar projects in the micro, small and medium enterprises (MSMEs) is that it will bring a sizable part of India’s manufacturing under the green protocols. Additionally, it offers the micro-enterprises, which are jointly situated in the industrial clusters, an opportunity to unlock value by making use of their rooftops and vacant spaces for harnessing clean energy.
Southeast Asia solar markets set for growth this year
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
Reviving stranded power plants better than investing in new thermal capacity
Strategic acquisitions and subsequent revival of stranded thermal power plants will better serve India’s short-term energy security needs than investing in new ones.
Faster electric car rollout in Bangladesh demands policy support
The economic burden of air pollution in Bangladesh, for which transport is one of the major reasons, calls for strong policy-level intervention to increase the adoption of electric cars.
