India’s future energy options all add up to coal, agree the experts
Panellists including a government representative and a member of the chief policy thinktank used by Narendra Modi agreed coal will continue as the staple source of Indian power into the mid century and technology should be employed to ‘clean’ it.
Indian lithium-ion battery imports quadrupled in two years
China, Hong Kong and Vietnam are the top three nations exporting batteries to India. Chinese imports were worth $773 million in the last fiscal year with Hong Kong shipping $267 million worth and Vietnam $114 million, according to the Ministry of Commerce.
Total to buy 50% stake in Adani Group’s 2.1 GW solar portfolio
The French oil and gas giant—which is already a partner in Adani’s natural gas business—will now invest US$ 510 million to buy 50% stake in 2,148 MW operating solar plants owned by Adani Green Energy Limited.
India commissioned 7,592 MW of new renewables in first nine months of the fiscal year
Capacity additions for the current fiscal year are set to exceed the previous accounting period’s 8,532 MW. With $5.69 billion invested in clean energy in the last fiscal year, spending in the first nine months of 2019-20 has been estimated at $5.16 billion.
India concludes world’s largest renewables-plus-storage tender at $0.0566595/kWh
Pumped hydro and battery projects, coupled with renewables, offer the world’s lowest peak clean electricity tariff. The tender, which received bids for for 1.62 GW of capacity against the 1.2 GW sought, saw Greenko secure 900 MW of pumped storage capacity and Renew Power 300 MW of battery storage.
Indian companies to partner on EV charging infrastructure
State-owned Energy Efficiency Services and New Delhi-based Bharat Heavy Electricals have agreed to set up public charging stations for electric vehicles on highways across India.
India’s solar cell and module exports grow 157% in eight months
Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated INR13.3 billion from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.
Tata Power Solar bags 250 MW PV project from Indian utility NTPC
The project will be built with Indian-made cells and modules. It will likely be completed within the next 20 months.
India tenders for another 1.2 GW of solar capacity
Bidders can pitch for up to 300 MW of generation capacity per project with the deadline for proposals on February 4. The eighth tranche of inter-state transmission system program capacity offered by the Solar Energy Corporation of India comes with an energy price ceiling of $0.039/kWh.
Suzuki-led JV to invest $517m in second phase of Indian lithium-ion factory
A joint venture with Japanese peers Toshiba and Denso will make the investment in the Gujarat plant over the 2021-25 period, having pumped $174 million into the first phase of development.
