India has awarded more than 8 GW of utility-scale energy storage in tenders as of November
A new report by IEEFA and JMK Research says energy storage systems are poised to attract the highest investment of all emerging renewable energy sectors this decade, concurrent with the increasing penetration of renewable energy in the nation’s electricity grid.
India added 8.5 GW of solar in first nine months of 2023
India’s solar installations for the Jan-Sept period in 2023 stood at 8.5 GW, 25% less year-on-year. The nation is expected to install an overall 11 GW in the current calendar year.
Green hydrogen to become primary fuel for steelmaking in India only by 2050
The steel industry in India will replace around 25-30% of its grey hydrogen requirements with green hydrogen in the early part of the 2030-50 period. This will increase to 80% by 2050, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.
Sungrow surpasses 14 GW milestone in India
The Chinese solar inverter manufacturer has shipped more than 14 GW of inverters in India since entering the market in 2014.
India’s solar report card for FY 2021-22
India installed 12.3 GW of solar in the twelve months ending March 31, 2022. The nation is expected to add a record 20 GW in the current fiscal.
JinkoSolar hits 8 GW of solar module shipments to India
JinkoSolar claims that it has shipped 8 GW of solar modules to India, following record-breaking performance in recent quarters.
India’s first grid-scale storage tenders to spur investment, domestic manufacturing
If Solar Energy Corp. and NTPC can successfully execute tenders for standalone energy storage systems, it could drive investment, support domestic manufacturing, and facilitate the development of new business models, according to a newly released report.
Solar tariffs to rise 21% over the next 12 months
Solar tariffs will likely increase to INR 2.95 ($0.039)/kWh in the next 12 months, mainly due to the 40% basic customs duty on imported solar modules.
Punjab-based textile manufacturer goes solar with a 5 MWp rooftop PV plant
Punjab-based ST Cottex India is getting a 5 MWp rooftop solar plant installed at its yarn manufacturing unit in Ludhiana. Mumbai-based EPC solutions provider Roofsol Energy is doing the ‘OPEX’ mode installation.
India may miss 2022 solar target of 100GW by 27%
A new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA) says India is likely to miss its ‘100GW by 2022’ solar target by about 27GW, mainly due to the underwhelming growth of rooftop solar. While utility-scale solar is on track to achieve nearly 97% of the 60GW installed capacity targeted by 2022, rooftop solar will be 25GW short of the 40GW mark.
