3rd International Electric Vehicle Conclave to kick off tomorrow at Manesar
Jointly organised by India Energy Storage Alliance (IESA) and The International Centre for Automotive Technology (ICAT), the conclave on EV and charging infrastructure will take place on August 9, 2019 at ICAT’s Manesar Campus in Gurugram with over a hundred participating companies.
Gujarat’s solar capacity crosses 2.6 GW mark
Gujarat’s total installed solar capacity has crossed the 2.6 GW mark, according to the latest data released by the Gujarat Energy Development Agency (GEDA).
Discoms still not issuing letters of credit against power purchases – NSEFI
The National Solar Energy Federation of India has warned the Ministry of Power that PV developers may be deterred from participating in state tenders because distribution companies are still not issuing letters of credit as a payment security mechanism.
Uttar Pradesh cabinet clears 150 MW floating solar plant over Rihand Dam
The plant will attract an investment of Rs 750 crore into the state, with Rs 500 crore coming from ReNew Power to set up 100 MW and Rs 250 crore from Shapoorji Pallonji for the remaining 50 MW.
SECI tenders 1.5 GW solar with VGF support for state-run power generators
Micro and mini grid-connected projects will also be considered. The projects—to be developed on ‘build-own-operate’ basis—can be set up anywhere in India for self-use or use by government entities at maximum fixed tariffs of Rs 3.50/kWh. Bidding will close on August 23.
Lowering emissions without breaking the bank
A combination approach is more suitable than standalone carbon pricing and standard renewable portfolio scenarios for India to meet its climate targets, says a study by Massachusetts Institute of Technology (MIT) researchers.
NALCO, HCL and MECL sign JV agreement to secure lithium and cobalt
The joint venture company—Khanij Bidesh India Limited (KABIL)—will help India to secure strategic minerals from abroad for manufacturing of solar energy storage and EV batteries.
Energy storage installations to grow 122-fold by 2040; India among top 3
The global installed capacity will grow from a modest 9 GW/17 GWh as of 2018 to 1,095 GW/2,850 GWh in the next two decades. Just 10 countries will account for almost 75% of the overall gigawatt market, with China, USA, India and Germany leading the pack.
In SECI and NTPC PPAs, discom profile is integral for counterparty analysis: Ind-Ra
While Solar Energy Corporation of India and NTPC fare better on tariff payment obligations than directly selling to discoms, all other obligations need to be met by them only to the extent they are met on a back-to-back basis by discoms.
NSEFI asks ministry to intervene as Andhra Pradesh curtails renewable power
After High Court’s stay on tariff revision, the state government has resorted to unprecedented curtailment of wind and solar power projects.
