India

Stock markets pumped $1.3bn into solar in the last quarter

Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.

International Energy Agency forecasts 115 GW of new solar this year

The global expansion of PV, wind power and other clean energies will see double-digit growth this year as solar continues to lead the pack.

Rajasthan eyes 50 GW of solar within six years

The state plans to achieve half the amount by 2021-22 under its new draft solar policy. The package also suggests establishing a research hub, privately financed solar parks and encouraging commercial self-consumption of clean energy.

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IndianOil to produce non-lithium EV batteries

The state-run fossil fuel giant has partnered with an unnamed foreign start-up to produce electric vehicle batteries using raw materials easily available in India.

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Thinktank says India must prioritize a vertically integrated solar supply chain

To develop cost-competitive solar modules the nation must adopt a phased program and set up 15 GW of silicon-ingot-to-solar-module manufacturing capacity by 2024, according to The Energy and Resources Institute.

Corporate clean energy PPAs to smash last year’s record: BloombergNEF

Power purchase agreements for 8.6 GW of clean energy have been signed in 2019 till July—up from 7.2 GW at the same time last year—with USA alone accounting for up to 70% of the deals. India continues to lead the Asia Pacific region despite registering a slowdown in the activity – almost almost twice as much as the volume recorded in Australia.

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Asian battery manufacturers eye European riches on offer

A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.

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India leads with cheapest renewable power in Asia Pacific, followed by Australia

The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition. In Australia, solar is expected to break through the coal-fired electricity price barrier next year, when its cost falls to US$48/MWh, WoodMac finds.

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Researchers develop method to synthesize graphene from eucalyptus bark

A team of Australian and Indian researchers has developed a method to synthesize soluble graphene in a cost-effective and eco-friendly way from one of Australia’s most abundant resources, gum trees.

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India and Australia could strike first lithium deal

Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.

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