Chemicals manufacturer Sadhana Nitro Chem plans a 15-20 MW green hydrogen facility for consumption by its current manufacturing facility and expansion of the para Aminophenol plant.
Solar Energy Corp. of India Ltd (SECI) is accepting bids to supply 400 MW of domestically manufactured solar modules built with made-in-India cells. The modules must be rated a minimum of 540 Wp each. Bidding ends on Dec. 23.
Delhi-based Bluebird Solar, which currently has a 400 MW per year panel manufacturing facility, will ramp up capacity to 1.2 GW by March 2024 and further to 2 GW by March 2025.
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to strengthen the market for power trade and related ancillary services in India, facilitating the integration of intermittent renewable energy. The loan will also enable measures to improve the financial performance, corporate governance, and service quality of electricity distribution companies (DISCOM) and create a conducive environment for private sector investment.
While the benefits of solar adoption are evident, challenges persist. The irregularity of solar power and the lack of efficient storage technologies remain primary concerns. The upfront costs of solar installations, though decreasing, remain a barrier for many. Complex regulations and bureaucratic hurdles often deter individuals and businesses from embracing solar energy. Addressing these challenges demands a concentrated effort.
Solar Energy Corp. of India (SECI) is inviting bids from developers to supply 1.5 GW of firm, dispatchable power from renewable energy projects with storage systems. The successful bidders will set up RE projects with storage on a build-own-operate basis to supply RE power in a demand-following manner. Bids can be submitted till Jan. 9, 2024.
Hindustan Petroleum Corp. Ltd will build the 100 MW solar project at Galiveedu for self-consumption.
Sterlite Power has secured a transmission project for the evacuation of power from Rajasthan Renewable Energy Zone Phase-IV.
Siemens Ltd has announced a revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023.
Scientists in India have developed a 500 W seven-level inverter prototype based on switched capacitors. The device is reportedly able to achieve a high efficiency despite switching, conduction, and capacitor voltage ripple losses.
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