A report published by Irena hints the world’s politicians will have to get to work immediately to avoid another generation of fossil fuel-fired hydrogen, ammonia, and methanol plants being set up to run into the second half of the century.
With that, the nation surpassed a cumulative 5GW of “open-access” solar generation capacity by the end of December.
In the matter of power purchase agreement (PPA) tariff renegotiation, the high court of Andhra Pradesh has directed the state discoms to honor the PPA terms and clear the pending payments to solar and wind power developers within six weeks from the date of the order. The incremental impact on power purchase cost for the AP discoms is estimated at about INR 10,500 crore, due to the build-up of dues arising out of the difference between the PPA rate and interim rate over the last three-year period.
Clean energy facilities have been ordered offline in the nation since Thursday as the national grid ran an exercise to establish how it would function in isolation from the power networks of Russia and Belarus.
The Indian State of Rajasthan, with 10,560MW of installed solar power capacity, will have an 800MW solar park in Jaisalmer developed through Rajasthan Power Generation Corporation. Rajasthan Solar Park Development Company, a Rajasthan Renewable Energy Corporation subsidiary, will build a 1,000MW solar park in Bikaner.
India recorded the highest ever annual solar installation in 2021 despite a rise in component costs.
A new report by JMK Research and IEEFA says Indian solar manufacturers need to create a strong foundation for sustainable development overall by integrating raw materials and impetus to R&D in their plans, rather than focusing solely on output.
American power company Eleris Energy has agreed to construct five 200MW solar plants on the Swarna Dweep island administered by the army and used for training exercises, with the capacity due online within five years.
The Green Hydrogen Policy is designed to promote green hydrogen and green ammonia projects with provisions like 25-year waiver of inter-state transmission (ISTS) charges and ISTS connectivity on priority for renewable energy capacity set up for the purpose.
The framework will guide the state-level and central government ministries and other stakeholders in formulating schemes and programs for the promotion of distributed renewable energy-based livelihood applications.
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