India’s first utility-scale, standalone storage project gets regulatory nod
BSES Rajdhani Power’s new 20 MW/ 40 MWh project is India’s first utility-scale, standalone battery energy storage system to secure regulatory approval under Section 63 of the Indian Electricity Act, 2003. The project is supported by a concessional loan from the Global Energy Alliance for People and Planet (GEAPP).
India’s renewable tenders hit 70 GW
India has accepted bids to set up 69.8 GW of renewable energy capacity, far surpassing its annual bidding target of 50 GW in fiscal 2024. Activity surged due to large-scale potential for market growth, central government support, and higher operating margins.
VSole presents wall-mount residential hybrid inverters
Indian manufacturer VSole has introduced single-phase hybrid inverters 3 kW to 6 kW with power output ratings. The inverters reportedly allow uninterrupted power to the connected loads, with a UPS-level switching time of four milliseconds.
ICRA says falling battery costs to support Indian storage market
Battery prices reached an all-time low in India in 2023, led by a moderation in raw material prices amid rising production across the value chain, according to credit rating agency ICRA.
India launches 1.2 GW solar tender
SJVN is now accepting bids to develop 1.2 GW of solar projects, connected to India’s interstate transmission system, anywhere in the country. Bidding closes on June 17.
India creates non-tariff barrier for Chinese solar products
The Indian government has reinstated the so-called Approved List of Models and Manufacturers (ALMM) mandate from April 1, 2024. The move creates a non-tariff barrier for Chinese products.
Bluebird Solar launches 600 W TOPCon dual-glass PV modules
Bluebird Solar, a PV module manufacturer in India, recently unveiled its 600 Wp tunnel oxide passivated contact (TOPCon) dual-glass bifacial solar panels. They offer a power conversion efficiency of 23.25%.
India overtakes China to become world’s largest electric 3-wheeler market
Sales of electric three-wheelers (e-3W) in India surpassed 580,000 units in 2023, compared to 320,000 vehicles sold in China, according to the International Energy Agency (IEA).
India’s new solar installations hit 6.2 GW in March
India set a new record for monthly renewable energy installations by deploying 7.1 GW of capacity in March 2024. The monthly renewables additions included more than 6.2 GW of solar.
Indian startup develops sand-based gravity energy storage system
Baud Resources, a clean-tech startup, has developed a gravity energy storage mechanism that uses locally available materials such as sand and industrial waste as its payload. The company is building a 100 MWh pilot plant that will reportedly offer a levelized cost of storage of around INR 2.5 ($0.03)/kWh.
