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Technology

India’s solar dreams need storage push – IESA

With a rapid reduction in costs, solar plus storage can be an effective alternative for customers buying peak power from the grid. At the same time, utilities can avoid investments in peak capacity or eliminate load shedding by utilizing these resources.

Researchers propose doubling today’s solar panel efficiency using two weird tricks

By double stacking a perovskite-silicon solar cell and using the cell in a glass-on-glass bifacial solar module, scientists model that a 30-36% efficient solar module can be attained.

Cygni Energy raises US$6.4 million, aims to triple solar DC capacity

Hyderabad based Cygni Energy plans to utilize the capital to triple its solar DC solutions production capacity from 4,000 units to 12,000 by H1 2019, develop new technology-enabled products and streamline the product lifecycle, as well as expand nationally and internationally.

Funding the key obstacle to renewables in Asia

Banks categorize renewable energy projects as risky and believe they offer lower rates of return than fossil fuel schemes, making them reluctant lenders.

Safeguard duty fallout: NTPC and MPUVNL delay solar auctions

Responding to developer requests, the state-run NTPC has deferred a 2 GW solar auction by a week, to Tuesday. Madhya Pradesh Urja Vikas Nigam Ltd is another state-owned corporation that has extended its bid submission deadline – for 33 MWp of rooftop solar – from August 9 to August 17, after similar requests.

India: Karnataka tops in renewables capacity, may double it in a decade

Owing to a rapid scaling up of solar capacity, Karnataka has overtaken Tamil Nadu to become India’s top state in terms of installed renewable energy capacity. The state installed 5 GW of new PV capacity in 2017-18 alone—according to a report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA).

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India invites 2.5 GW bids for ISTS-connected wind-solar hybrid projects

The projects are to be developed on a build-own-operate basis for an aggregate capacity of 2,500 MW. The eligible bid capacity is 200-500 MW, with a project capacity of at least 50 MW at one project site. The maximum tariff payable to each project developer is fixed at Rs 2.93/kWh for the entire term of 25 years.

The economic case for corporate solar PPAs in India now compelling

India saw 1.8 GW of corporate solar power purchase agreements in place by the end of 2017. There was a rush of installations for PV projects due to open access waivers. The market is expected to contract slightly this year as waivers are rolled back, but there will be sustained market growth through 2023.

Minister outlines plan to become global renewables leader, at Intersolar Europe

Underlining India’s commitment to becoming the global renewable energy leader, Shri Anand Kumar, secretary of the Ministry of New and Renewable Energy, said the country plans 500 GW of capacity by 2030. He also underlined plans to become a solar and storage manufacturing hub; and said the International Solar Alliance needs to widen its membership.

Is national 225GW renewables target achievable?

There was incredulity in some quarters as the federal government raised its renewables ambition another 22%, but the stellar performance of the past four years points to the new target being a realizable one.

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