Chinese PV manufacturer, Trina Solar today launched its TrinaHome product in New Delhi. It is India’s first solar residential home kit. While it is currently imported from China, the goal is to assemble it locally, in the coming months.
India’s first solar bicycle track corridor, which is set to generate around 6 MW of clean power daily, is scheduled to be operational in March 2019. Covering 12 km, the corridor will stretch from Mubarka Chowk to Wazirabad in New Delhi’s Outer Ring Road.
Research conducted over several years by scientists at the Massachusetts Institute of Technology (MIT) demonstrates that air pollution in cities can put a dampener on the performance of PV panels which, if not taken into account, can threaten a project’s viability.
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.
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.
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.
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.
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