The clarification came after states across the country reacted to the power ministry’s recent call for a moratorium on conventional power payments by stopping payments and curtailing renewable power.
Yinson will pay Rs 554 million ($7.3 million) for a stake in New Delhi-based Rising Sun Energy, which operates two PV plants in the massive Bhadla Solar Park in the Indian state of Rajasthan.
The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.
Sliding electricity demand and declining commercial and industrial activity in India could prompt distribution companies to block or delay payments to solar power producers.
A slump in demand would weigh more heavily on the storage industry than a temporary production shutdown and IHS Markit analysts say that is where the risk lies, rather than with a temporary shortage of battery cells. A similar prediction has been made for the PV market.
A group of Scientists in India has demonstrated a 20% increase in a PV system’s energy yield through the use of mirror reflectors in the summer season. Though the technology is still far from being economically viable, the research shows that higher power yields can be reached without significantly affecting the module temperature.
A new, non-destructive method has been proposed by researchers in India who say identifying early-stage discoloration in EVA encapsulants can help detect degradation in solar panels before power output is affected. The scientists used an ultraviolet accelerated aging test during 34 days on three encapsulant samples.
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