The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
Cost savings associated with switching to least-cost energy solutions like wind and solar can be redeployed for economic recovery. At the same time, building resilience on fronts like energy system design and supply-chain management is crucial to deal with unexpected shocks and crises.
The industry body has recommended a series of measures including a continuation of FAME II Scheme to 2025, short-term booster incentives for consumers and support for in-house R&D to boost the electric vehicle sector.
A new report outlines key considerations for Indian regulators and other stakeholders when designing behind-the-meter distributed solar-plus-storage system programs, based on evidence from similar programs in the United States.
The Directorate-General of Trade Remedies has called a meeting of concerned parties as it considers whether to extend the duty on solar cells.
The country—aiming for a renewable power target of 450 GW by 2030—has emerged as the world’s largest and most competitive clean energy auction market.
The government needs to rationalize and ensure uniformity of Deviation Settlement Mechanism (DSM) regulations across the country for the seamless integration of renewable energy.
The levy on modules will then almost double to 40% within a year and cells will see a similar rise, from an initial rate of 15%.
Vaibhav Pratap Singh, senior analyst at the CEEW Centre for Energy Finance, tells pv magazine about the impact of the Covid-19 pandemic on the Indian solar sector, green finance and investment down the line.
The global hybrid energy market, including energy storage, is projected to touch $40 billion by 2025. It is an opportunity that India has capitalized upon, earlier than others.
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