Integrating higher share of renewable energy in India’s power system
To increase the share of renewable energy, India needs to introduce demand-side measures like time-of-use tariffs, develop a well-connected national grid, deploy various energy storage options for grid balancing services, and convert its fossil-fuel-powered fleet to operate flexibly.
Hild Electric signs 600 MW alkaline electrolyzers deal with NTPC
NTPC, India’s largest power company, will use Hild Electric’s green hydrogen production technology to decarbonize energy, transport and ammonia projects.
Fortum Charge & Drive unveils new brand identity, eyes 3,000 EV charging points by FY 2025
Fortum Charge & Drive India has unveiled its new brand identity ‘Glida’ signifying its commitment to delivering a seamless electric vehicle (EV) charging experience in India. Glida plans to increase the number of its EV charging points to 3,000 by 2025 from around 450 at present.
Fully printed carbon electrode perovskite solar cell achieves 19.2% efficiency
German scientists have fabricated a carbon electrode perovskite solar cell with a hole-transporting bilayer made of organic semiconductors instead of a conventional hole transport layer. They claim this approach improves the device’s fill factor and open-circuit voltage.
IFSCA and Climate Policy Initiative sign MoU on sustainable finance
The International Financial Services Centres Authority (IFSCA) and Climate Policy Initiative – India (CPI) have signed a Memorandum of Understanding to support the mobilization of sustainable finance in India.
India must add 32 GW of solar capacity per year to meet PV target for FY 2030
India will have to add over 30 GW of solar capacity annually to meet the 293 GW PV target in the optimal energy mix for 2029-30. The nation had installed 68 GW of PV capacity as of May 31, 2023.
Tongwei plans 16 GW PV cell factory
Tongwei says it will build a new 16 GW solar cell factory in Meishan City, China’s Sichuan province.
Chile releases bidding terms for 5,400 GWh renewables, storage auction
The Chilean authorities want to contract 5,400 GWh of power from renewable energy, while also including battery storage. The selected developers will secure 20-year power purchase agreements (PPAs).
South Eastern Coalfields to develop 600 MW of solar power projects
South Eastern Coalfields plans to develop 600 MW of solar power projects with more than INR 1,000 crore investment.
The potential for floating solar in Southeast Asia
The US National Renewable Energy Laboratory (NREL) and its partners have assessed the technical potential for floating PV throughout Southeast Asia.
