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.
Indian Railways to become world’s first 100% green operator, says minister
The plan, announced in parliament, is an extension to the bid to install 1 GW of solar generation capacity during the current fiscal year and hit 5 GW in 2025. The emphasis will be on trackside and static rooftop installations rather than solar train roofs, said the minister for railways.
India’s renewable power generation cost the lowest in Asia Pacific
The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.
Uttarakhand allots solar projects worth Rs 600 crore to local developers
The projects—to be set up in capacities of 100 KW and 5000 KW on the barren and uncultivatable lands—will generate an estimated 148.85 MW of solar power.
A window to the ‘inclusive’ green energy economy
India needs special institutional structures within leading public financial institutions to cater to market segments that do not attract commercial capital at competitive terms.
Global PV market: 114 GW to be installed in 2019, with continued growth onwards
According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club.
Gujarat tenders for supply of electric two and three-wheelers
The state has issued expressions of interest for the two forms of battery-powered vehicle which each attract a subsidy for purchasers. The two-wheeler inititiave has been extended from secondary school to college students.
