News

India moots world’s largest solar tender – of 100 GW

If implemented, the huge tendering exercise would dwarf anything that has gone before it. Minister explains bidding will also include solar manufacturing and storage elements.

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.

Federal government removes state hurdle for renewable energy projects

The MNRE has removed a layer of bureaucracy by lifting the requirement of proposed projects to be registered with power bodies at sub-national level.

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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.

Waaree triples solar panel capacity with a new plant in Gujarat

Waaree Energies has set up a 1 GW solar PV panel plant in Vapi, which is in addition to its existing 500 MW plant in Surat, Gujarat. The company intends to further increase capacity to 2 GW. Among other key developments, it has partnered with third-party equipment suppliers to manufacture batteries

CEL invites EoI for PV module manufacturing units

The Central Electronics Limited (CEL), the first Indian company to develop crystalline solar cells and modules in 1977-78, has invited an expression of interest (EoI) for the establishment of manufacturing facilities for the production of solar cells and crystalline silicon (c-si) modules (conventional/flexible).

Falling battery costs to push solar, wind to 50% electricity generation by 2050, but electricity still failing CO₂ reduction targets – BNEF

Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation, predicts BNEF, while investments will reach US$11.5 trillion. Cost reductions will drive this charge, particularly in the battery market, which will benefit from the EV manufacturing ramp up. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels, with its continued dependence on gas.

Global PV market to grow by another 621.7 GW by 2022, SolarPower Europe says

Global newly installed capacity for 2018 is forecast to reach 102.6 GW, of which “only” 39 GW are expected to come from China. Fourteen countries are expected to cross the GW threshold this year.

Lightsource BP completes first Indian solar project

Lightsource BP has announced the completion of its first solar project in India. The 60 MWp solar farm is located in Wagdari, Maharashtra.

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