Delhi

Will the new 50% manufacturing clause pump domestic manufacturing?

All future bids for renewable projects would have at least 50% domestic manufacturing component for developers. The government will also soon make it obligatory for project developers to manufacture storage systems.

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MNRE to support 2.5 GW wind-solar hybrid projects

India’s Ministry of New & Renewable Energy has announced a Scheme for setting up of 2.500 GW Inter-State Transmission System (ISTS)-connected wind-solar hybrid projects.

India announces new policy for wind-solar hybrid systems

India has unveiled a national wind-solar hybrid policy that provides a framework for promotion of large grid connected wind-solar PV systems for optimal and efficient utilization of transmission infrastructure and land, reducing the variability in renewable power generation and thus achieving better grid stability.

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ReNew Power acquires Ostro Energy in $1.54bn deal

According to the reports, Gurugram based developer ReNew Power Ventures has paid 40% in equity and the rest in debt for acquiring Actis LLP-backed Ostro Energy. With this acquisition, now ReNew Power’s combined renewable portfolio stands at 5.6 GW.

Delhi 2018-19 budget goes green

The Delhi government run by the Aam Aadmi Party has completed three years in the governance, and yesterday announced its budget for the financial year 2018-19. The government has announced India’s first ‘Green Budget’ – it has a 26 point program. With the green budget it is estimated that around 2.1 million tons of CO2 emissions will be reduced.

Energy Access Summit 2018 highlights

The India Energy access summit held in India on February 12-13, 2018 in New Delhi, saw discussions on the decentralized renewable energy sector from various organizations and institutions, including few announcements.

Interview: Hi Physix Lab, a new solar testing facility in India

In an interview with pv magazine, Hi Physix Laboratory India Pvt Ltd CEO, Pankaj Rai discusses the company’s solar venture, including a new testing facility, which will assess crystalline and thin film PV products, and batteries.

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Exicom to deploy 1 GWh energy storage solutions by 2018-19

Gurugram-based company EXICOM Tele-Systems Ltd has aimed to install 1 GWh of battery energy storage systems by 2018-19. The company has already deployed 125 charging stations for electric vehicles in Delhi-NCR.

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NTPC sets 32 GW renewables target by 2032

To date, the National Thermal Power Corporation (NTPC) Ltd has installed roughly 1 GW of renewables in India. NTPC is planning several projects including floating solar and battery storage projects nationwide.

Delhi launches Solar City Initiative

Adding another notch to India’s impressive solar growth, Delhi’s power utility company, BRPL has launched a solar city initiative to boost India’s solar PV rooftop sector.

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