ICRA offers stable outlook on India’s renewable energy sector
The forecast is supported by a strong project pipeline, competitive tariffs, and continued policy support. The demand outlook for domestic solar module manufacturers also remains favorable.
Allox Minerals wants to scale up lithium battery material production
The Indian natural resources company is looking to scale up lithium titanium oxide (LTO) anode and lithium ferrophosphate (LFP) cathode material production for electric vehicle batteries as demand rises. It produces these materials using the economical method developed by the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI). The company is also keen on forward integration up to battery assembly.
Venture capital support for solar blossomed during the first half
The $800 million of private backing secured by Californian residential solar finance business GoodLeap helped the sector achieve VC and private equity funding of $1.6 billion in the first six months of the year, up from just $210 million a year earlier.
NTPC commissions India’s largest floating solar project
The state-run energy company has commissioned a 25 MW plant on the reservoir at its Simhadri thermal power station, in the state of Andhra Pradesh. The installation features more than 100,000 solar modules.
India sees renewable energy investments increase between April and July
The Indian renewable energy sector saw investment totaling US$6.6 billion between April and July 2021, beating the total for the previous financial year.
Grid-scale storage potential in India
A new study provides a novel assessment of grid-scale storage deployment in India, both in the near term and the long term. Scenario-based capacity expansion modeling shows when, where and how much storage can be cost-effectively deployed in India through 2050.
Hydropower supplier wins 200 MW PV tender in India with $0.041/kWh bid
SJVN Limited will sell electricity from a 200 MW solar plant to the Bihar Renewable Energy Development Agency (BREDA) under a 25-year power purchase agreement.
Cooling PV modules with plants, coir pith
An Indian-Malaysian research group has investigated the effectiveness of several passive cooling techniques for solar panels, including the placement of plants around the modules or coir pith underneath them, both of which, surprisingly, offered good performance in terms of temperature reduction and power yield.
Indian prime minister announces National Hydrogen Mission
Indian Prime Minister Narendra Modi said green hydrogen will play a significant role in achieving India’s decarbonization goals. He also announced the nation’s ambitions to become a global hub for green hydrogen production and export.
India hits 100 GW renewables milestone
Solar’s share in the installed 100 GW renewable energy capacity stands at around 44%, and wind at 40% as per the data available from India’s Central Electricity Authority.
