The Indian company will build a 100 MW solar park in the Akërni salt flats, near Vlorë. A 50 MW section of the plant will sell power to the local distributor at €59.9 per MWh over a 15-year period, while the remaining portion will sell electricity at market prices.
The first companies are demonstrating that today it can be worthwhile commercially to back electric vehicles in combination with solar generation and storage. Particularly in the case of public charging stations, solar power used for electric vehicle charging could become the basis for a profitable operator model in the future.
Sterling and Wilson wants to construct 200 MW of PV in Kazakhstan in the next two years and says it is eager to get a slice of the Uzbek market too.
pv magazine interviewed Ricardo Arias González, who holds a PhD in Physical Sciences and introduced the Optical Tweezers applied to biology in Spain. It is one of the tools of photonics for which Arthur Ashkin received the Nobel Prize in Physics in 2018, together with Donna Strickland and Gérard Mourou.
The second day of REI in Greater Noida continues to attract large numbers of delegates, with the exhibition halls crowded, and conferences well attended. During an EU-Indian session this morning, India’s CEEW boldly stated that India is the largest clean energy market in the world, which will operate on market-friendly principles. Overall, CEO, Arunabha Ghosh outlined four basic vows needed for the Indian renewables market to grow; and said decarbonzation of the industrial sector should be the next big focus for renewables.
In 2015, Germany and India signed a deal outlining plans by Germany to provide loans amounting to €1 billion for the development of Indian solar PV plans. Loans are provided through development bank, KfW. On the Indian side, REC issues low-interest loan schemes in conjunction with private sector participation to disperse the funds.
The proposed safeguard tariffs on imports from China and Malaysia are expected to generate a number of painful short-term impacts. Overall they are not expected to change much in the market, however, says TrendForce. What will have a bigger effect is the EU’s final MIP decision, due in September.
Underlining India’s commitment to becoming the global renewable energy leader, Shri Anand Kumar, secretary of the Ministry of New and Renewable Energy, said the country plans 500 GW of capacity by 2030. He also underlined plans to become a solar and storage manufacturing hub; and said the International Solar Alliance needs to widen its membership.
The EV manufacturer will develop a complete system encompassing electric vehicles (EVs), smart parking, charging infrastructure and software integration platform NEMO for the experimental township of Auroville in Tamil Nadu. Mahindra has also unveiled an energy storage solution for EVs and will help harness renewable power.
Bloomberg New Energy Finance says EVs will make up only 7% of new car sales in nation by 2030, compared to a predicted 44% for European sales, 41% in China, 34% in the US and 17% in Japan
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