Asia

Bangladesh has introduced tax exemptions to reduce water production costs and promote the use of solar power in 19 coastal districts. This initiative comes in response to grid electricity shortages caused by a decline in coal and fuel imports. The goal is to enhance reliance on solar-powered water desalination in these areas.

Torrent Power has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop a cumulative 5.7 GW of pumped hydro storage capacity in Maharashtra.

The state-owned hydropower producer is exploring pumped storage development in Andhra Pradesh, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, and Odisha.

Noida-headquartered Lohum has introduced a 5 kWh energy storage system under its collaboration with MG Motor India to develop second-life solutions for used EV batteries.

The 20 MW Gandhar solar project in Gujarat is now fully operational, with its second portion of 10 MW commissioned recently.

After a record-breaking 14 GW addition in 2022, India’s annual utility-scale solar deployment will slow down in 2023 due to lower awarded capacity in 2022 and supply-demand mismatch for high-capacity modules, says a new report by The International Energy Agency (IEA).

The 110 MW solar project located in Rajasthan will supply green power to Kerala.

Oil India has sought consultancy services for establishing 100 MW or above solar PV and wind energy power plants in any state in India. Applications can be submitted till June 27.

Tata Group will set up a 20 GWh lithium-ion cell manufacturing plant in Gujarat with an estimated investment of INR 13,000 crore in the first phase.

Waaree, India’s largest solar module manufacturer with a 12 GW per year production capacity, has placed the order for a 10 GW line with Jinchen.