The state-owned oil and gas major targets 200 GW of renewable energy capacity by 2050. It also plans to have around 2 million metric tonnes of green hydrogen capacity in its fold by 2050.
India’s Ministry of New & Renewable Energy has exempted solar projects from domestic content requirements if they are commissioned by March 31, 2024. The move provides developers with the flexibility to source modules at more cost-competitive rates, according to Indian ratings agency ICRA.
The global agrivoltaics market is pegged at a 10.1% annual growth rate, according to a research note by Allied Analytics.
Adani (1,755 MW), NTPC (1,618 MW), and Avaada (1,383 MW) were the top developers by projects commissioned in 2022, according to Bridge To India’s latest report.
The budget signifies the government’s intent to drive domestic manufacturing of lithium battery cells as it waives customs duty on the import of machinery required for manufacturing these cells. It also continues with nil customs duty on critical inputs for solar manufacturing. The budget also aims to support large-scale battery storage projects through viability gap funding.
Indian researchers have presented a new way to develop effective electrode materials for superpower redox flow battery (RFB) systems. Their flow cell with heat-treated nickel-rich platinum-nickel coating on the graphite felt delivered an impressive ever-best power density of around 1,550 mW cm−2.
Singareni Collieries Co. Ltd. (SCCL) has commissioned 5 MW of a 15 MW floating solar plant on the Singareni Thermal Power Station reservoir in India.
Amp Energy has agreed to set up a 200 MW wind-solar plant on a build-own-operate basis. It will sell the generated electricity to Solar Energy Corp. of India.
India installed 13,956 MW of solar between January and December 2022. This included 11.3 GW of utility-scale PV, about 1.9 GW of rooftop solar, and nearly 700 MW of off-grid/distributed capacity.
Adani has selected Engineers India Ltd. (EIL) to set up 30,000 metric tons (MT) of polysilicon production capacity and 500 MT of monosilane capacity in India.
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