Earlier this year, when a landmark tender by India’s nodal agency for solar energy, Solar Energy Corporation of India (SECI), concluded the largest solar-cum-storage tender globally (~3 GWh of storage connected to 1.2 GW of solar), it highlighted a critical challenge India faces in bringing solar energy to scale: battery storage technologies.
This article talks about the areas the government needs to address both immediately and in the long run to help the ailing solar industry in the country.
Solar season had already started in the month of March. The demand for solar consumption is the highest during April-June quarter as summer picks up. This is the time when factory runs with full efficiency. India was estimated to install nearly 8 GW of solar panels in 2020, in which 90% consumption happens in utility-scale […]
India’s energy system immediately needs a shift from centralized commands to dynamic interactive structures. While the UK is already spearheading digitalization of its energy systems, India has ample areas demanding interventions, such as integration of decentralized energy systems using digital innovation and analytical tools.
India’s energy storage juggernaut is on a roll with the country discovering the cheapest renewables cum storage tariff in history, anywhere in the world. The technology chosen is pumped storage. And by setting up an enabling environment, the government has signalled its commitment to boosting the market!
For one of India’s largest foreign investors, it’s time to invest in renewables.
The U.S. ITC has released a report highlighting changes in the domestic solar cell and module manufacturing industry, showing that while there has been an increase in domestic module manufacturing, the overall program’s success, relative to the $740 million in tariffs, has created little measurable benefit.
India is fostering a digital future via Prime Minister Narendra Modi’s ‘Digital India’ initiative – a national blockchain strategy that includes quantum computing, machine learning and artificial intelligence, as digital technologies become the primary platform for economic activity and growth.
The Internet of Things, cloud analytics and artificial intelligence will find their way into battery management too, enabling OEMs to precisely measure and improve the life of their deployed assets. Lower battery costs and increased adoption in high-power commercial electric vehicles and grid support are the other trends shaping the market.
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