Husk Power secures $750,000 to expand solar microgrid business in Nigeria and India
Bihar-based Husk Power Systems has secured $750,000 in debt to build eight new community solar microgrids in Nigeria and expand operations in India.
Is floating solar PV the future?
The major impediments to floating solar photovoltaics (floatovoltaics) are the high cost of materials and the complex installation involved.
HPCL, NTPC sign MoU on renewable energy and storage
Hindustan Petroleum Corp. Ltd and NTPC Green Energy Ltd will collaborate in renewable energy, energy storage, round-the-clock (RTC) power, electric mobility, and solar-wind value chain projects.
Madhya Pradesh to promote pumped hydro storage projects
Madhya Pradesh chief minister Shivraj Singh Chouhan said that pumped hydro storage projects will be encouraged under the Madhya Pradesh Renewable Energy Policy 2022. The sites for these projects will be allotted based on a competitive tender process.
India approves National Green Hydrogen Mission
The Union Cabinet has approved the National Green Hydrogen Mission with an initial outlay of INR 19,744 crore ($2,385 million). The Mission aims to make India a global hub for the production, utilization and export of green hydrogen and its derivatives.
India misses 2022 renewables target of 175 GW by 30%
India has installed a cumulative renewables capacity (excluding large hydro) of 122 GW as of December 31, 2022, falling 30% short of its 175 GW target. While solar addition has remained more consistent than wind over the last few years, 2023 is going to be a challenging year for PV installation due to the shortage of domestically manufactured modules.
EV manufacturers’ wishlist for Union Budget 2023–24
Electric vehicle (EV) and component manufacturers seek a uniform 5% goods and service tax (GST) for all EV spare parts. They also want the scrapping of import duty on lithium-ion battery cells and policy support for battery recycling.
NTPC starts India’s first green hydrogen blending in PNG network
The state-owned power generator has started green hydrogen blending at 5% by volume in the piped natural gas (PNG) supply to households of NTPC Kawas township in Gujarat.
Solar in 2023
Here are three trends in the solar sector that will gain momentum in 2023, leading to wider PV implementation.
SJVN awards 90 MW floating solar EPC contract to Larsen & Toubro
The state-owned hydropower producer is executing the 90 MW floating solar project on a build-own-operate basis at the Omkareshwar reservoir in the Indian State of Madhya Pradesh.
