India’s NTPC launches tender for 1 GWh of grid scale storage
State-run power producer NTPC has more than 65 GW of installed capacity, including gas, coal, hydro, and renewables-based power stations.
New renewables cheaper than legacy coal or gas for almost half the world’s population
Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.
Reliance Industries unveils $10 billion plan for solar, storage
India’s Reliance Industries has announced plans to invest $8.1 billion over the next three years to build gigafactories for solar, energy storage, electrolyzers, and fuel cells.
India could add 13.75 GW of PV module capacity by late 2022
The Indian government’s efforts to restrict PV equipment imports and expand domestic manufacturing are starting to bear fruit.
‘World’s cheapest wafer’ maker plans 2 GW Indian cell and wafer fab
U.S. business 1366 Technologies is looking for Indian module manufacturing partners as it plans to bring its ‘direct wafer’ production technique to the country. The company uses molten silicon to form wafers rather than sawing ingots, thus eliminating dust waste and speeding up the process.
‘Low-cost renewable hydrogen may already be in reach’
If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?
India added 1 GW of solar during Covid-hit April and May
The nation installed 1 GW of solar power capacity and 0.2 GW wind during the pandemic-hit first two months of the current fiscal year. The cumulative addition was double that of the same period during the previous year
Fortum to sell off 500 MW of India solar assets to Actis
The Finnish utility, which works primarily on a build-operate-transfer model in India, has signed an agreement to divest its 250 MW solar plant in Karnataka and 250 MW in Rajasthan to UK investor Actis. The transaction is valued at approximately €280 million and will enable Fortum to invest in building new projects.
Rockefeller and Ikea foundations pledge $1bn for small scale renewables
With ‘shovel-ready’ projects across India, Africa and Latin America in line for a mix of grants, cheap loans, equity investment and financial guarantees from this year, the two bodies hope to trigger $20 billion in total funding and bring reliable power to a billion people.
The case for microinverters in Indian rooftop solar
Sunil Thamaran, India head for US company Enphase Energy, explains why microinverters are a good investment for rooftop solar. He also talks about the trends in microinverter design and the company’s plans in India.
