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Markets & Policy
India’s solar dreams need storage push – IESA With a rapid reduction in costs, solar plus storage can be an effective alternative for customers buying peak power from the grid. At the same time, utilities can avoid investments in peak capacity or eliminate load shedding by utilizing these resources.
Uma Gupta
Aug 28, 2018
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Markets & Policy
India: GST on li-ion batteries cut by 10% India’s energy storage industry feels the government’s move to reduce GST on lithium-ion (Li-ion) batteries from 28% to 18% will benefit electric vehicles and the renewables sector. The government has also cut GST on the raw materials for battery manufacturing, to jump-start domestic industry.
Uma Gupta
Jul 24, 2018
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Applications & Installations
Global off-grid renewable capacity tripled between 2008 and 2017 While Africa has emerged as a dynamic, fast-moving hub, Asia leads in capacity deployment with its total capacity more than tripling to nearly 4.3 GW in 2017 from 1.3 GW in 2008, finds IRENA. Particularly, in India, a strong policy has pushed deployment of off-grid solar for agriculture and public end-uses.
Uma Gupta
Jul 20, 2018
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Markets & Policy
Building a battery manufacturing industry in India – Vision Mechatronics interview Dr Rashi Gupta, Director at Vision Mechatronics discusses the EV landscape in India, particularly focusing on the potential for battery manufacturing. While there are currently many challenges, like a lack of raw materials and infrastructure, the opportunities are immense.
Uma Gupta
Jul 16, 2018
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Markets & Policy
Falling battery costs to push solar, wind to 50% electricity generation by 2050, but electricity still failing CO₂ reduction targets – BNEF Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation, predicts BNEF, while investments will reach US$11.5 trillion. Cost reductions will drive this charge, particularly in the battery market, which will benefit from the EV manufacturing ramp up. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels, with its continued dependence on gas.
Becky Beetz, Marian Willuhn
Jun 19, 2018
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Markets & Policy
India to launch its own battery cell production India’s PV sector is expanding at a serious pace, creating jobs and further securing energy supply for many businesses. Yet, sourcing battery cell technology at the current rate resulted in annual foreign exchange of Rs. 1012 crore creating deficits, that hopefully can be averted in the future.
Marian Willuhn
Jun 11, 2018
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Technology & Products
Energy storage will be a challenge as India targets 100 GW solar PV capacity For off-grid solar PV installations, the high cost of batteries is the biggest bottleneck. However, the cost of storage is expected to drop as technology advances and volumes go up.
Uma Gupta
May 25, 2018
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Markets & Policy
Affordability and lack of charging points stalls electric vehicle take-up in India: Bloomberg 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
Uma Gupta
May 22, 2018
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Markets & Policy
By 2030, EVs could outnumber the total vehicles in India today To smoothen this transition, the country needs to build fast solar PV-powered charging stations. In 2017, there were only 220-250 operational charging stations in India, compared to 56,000 petrol stations.
Uma Gupta
May 18, 2018
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