India’s technology path key to global steel decarbonisation
The global steel industry is poised to shift from coal to hydrogen. With enough high-quality iron ore and low prices for hydrogen, India could play a pivotal role in global steel decarbonisation given its large and growing economy.
India’s annual lithium battery market will reach 116 GWh in eight years
The annual demand for lithium-ion batteries in India will reach 116 GWh in FY 2029-30, with electric vehicles (EVs) accounting for 90%.
With green bonds push, the sun continues to shine for renewable energy financing in India
With the issuance of sovereign green bonds, several global investors will be interested in taking exposure to the Indian renewable energy market that is brimming with opportunities in hybrid, storage, round-the-clock, and rooftop solar projects.
Power banking restrictions will curb open-access solar
A new report analyzes the current status of banking provisions across solar and wind energy rich states in India, along with the implications of these restrictive provisions upon the renewables sector.
Uttar Pradesh at a crossroads in electricity transition
Uttar Pradesh needs to ramp up solar installations to not only meet its own renewable energy (RE) targets but also to avoid holding back India’s performance on its targets of 175 GW of RE capacity by 2022 and 500 GW of non-fossil fuel capacity by 2030, says a new report.
How round-the-clock renewables point to optimum use of energy generation and infrastructure
Amid the troubles of the coal-dominated grid, variable renewable energy has a place in ensuring reliable supply
The case for agrivoltaics in India
Given 60% of India’s land area is farmed, agrivoltaics (pairing solar with farming) holds special promise for the nation to accelerate its transition to clean energy. However, the roll-out of agrivoltaics in India cannot proceed without addressing the various policy and regulatory challenges.
Round-the-clock tenders can help India meet demand for firm renewable power
A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.
Up to code for decarbonization
The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance.
Innovative financing can help India achieve solar energy goals
Funding avenues available to solar developers range from green bonds and multilateral development bank loans to infrastructure investment trusts.
