Amplus Solar

Corporations in the Asia-Pacific region are set to contract a record 7 GW of renewable capacity in 2022, according to a new report by Wood Mackenzie. Solar accounts for 57% of the region’s contracted corporate renewable power purchase agreements (PPAs) to date. India, Australia and Taiwan account for 89% of overall capacity in the region.

On the road to becoming carbon negative, Microsoft increases the amount of zero-carbon electricity it’s procuring through long-term contracts.

The Ministry of Power has issued a draft amendment to Electricity (Rights of Consumers) Rules, 2020, which allows net metering for rooftop solar systems of loads up to 500 kW or up to the sanctioned load, whichever is lower and net billing (gross metering) or net feed-in for above 500 kW.

Modules represent 45 to 55% of the project capex. In a very competitive market like India, independent power producers have lower margins, and even a modest increase in module prices will put more pressure on them.

Packaging manufacturer Huhtamaki India chose Amplus Solar to install the rooftop solar capacity across its factories in Guwahati, Daman, Silvassa, and Taloja. The use of solar power from these plants will help the company avoid approximately 750 metric tonnes of CO2 emissions per annum.

The Gurugram-headquartered distributed solar energy company has acquired Sterling and Wilson’s 7.2 MWp of on-site rooftop solar projects across seven Indian states.

Applications are invited from start-ups with ready-to-deploy solutions in areas like distributed solar, Internet of Things (IoT) applications in energy, battery storage and electric mobility. Winners will be supported through seed capital to scale up.

Bridge to India figures show dominance of Chinese inverters, which supplied almost 80% of installs from July last year to the end of June.

Market dynamics may again alter the global supply-demand picture for solar modules, leading to an increase in prices or price stabilization.

The new guidelines on Covid-19 lockdown permit certain industrial activities, including the construction of renewable energy projects from April 20, 2020, in areas not identified as containment zones of the country. The industry will, however, have to abide by the safety protocols.