The government is acquiring lithium mines abroad to ensure raw material availability for electric vehicle battery production. Among other technology alternatives for EVs, it is looking at developing indigenous hydrogen fuel cells with hydrogen derived from biomass.
U.S. scientists have found a new ‘de-doping’ process in perovskite solar cells that could cut production costs and produce better devices. They have used this to fabricate a mini-module with 17.8% efficiency.
The Indian power distribution sector needs bold policy choices such as the closure of old, inefficient coal-based power plants to improve its financial viability. Early retirement of expensive coal power contracts will result in significant savings for the states as they can contract cleaner, cheaper renewable power.
The cash injection—for a 15-year term at 0.15% interest—will cover 80% of the overall solar project cost of Rs 750 crore.
The scope of work for the successful bidder includes supply, installation, and commissioning of the supplied units at the project site. Bidding closes on August 17.
Developers have until August 29 to submit bids for the installation of grid-connected rooftop solar plants on selected government buildings of Belagavi Smart City.
The startup—which has developed an Internet of Things (IoT) based service for power grid monitoring and automation—will use the amount to strengthen the software platform and expand the scale to different geographies.
This marks the first such acquisition for the Bengaluru-based developer as it looks to acquire high-quality operating renewable assets to ensure a balanced risk portfolio.
The project—based on Resco model—is developed for the Bhilwara industrial site of a textile company. It is spread across five rooftops covering 21,00,000 square feet and uses 20,000 solar modules of different types.
Mercom India Research has said the quarterly value of solar cell and module imports was down 83% in the second quarter of the year, compared to the same period of 2019, to sit 54% lower than the value recorded in the January-to-March window.
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