Search

India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said Monday (Oct 21), as New Delhi continues an ambitious programme to reduce the country's dependence on fossil fuels. Mired in an economic slowdown, the government has tripled spending over the last three years as part of its push to cut down the use of oil and coal. "We are studying land feasibility and have identified projects worth 30 gigawatt capacity for Gujarat and 25 gigawatt capacity for Rajasthan," Anand Kumar, new and renewable energy secretary, told AFP. The government had zeroed in on barren desert areas in a bid to avoid using agricultural land, he said, adding the sunny and windy region was ideally suited to renewable energy facilities. Work on the projects would begin roughly 18 months after approval from the defence ministry and following land feasibility studies, he said. "These projects will help reduce India's carbon footprint and adhere to promises made at the 2015 Paris agreement," Kumar said. India currently harnesses 23 percent of its total power from renewable sources, including solar and wind. R.K. Singh, minister for power and renewable energy, told parliament in July that India's capacity had crossed 80 gigawatts and was on track to reach 175 gigawatts in three years' time, as pledged by Prime Minister Narendra Modi. However, private investment in the renewable sector remains low, and the government has found securing land for projects difficult. Renewable energy projects are not feasible in agricultural or forest lands, said Amit Bhandari of Mumbai-based think tank Gateway House. "Since most of these western border areas are wastelands or semi-desert, they are perfect for setting up these projects," he told AFP. Meanwhile, investment in fossil fuel-based energy sources continues to rise in the South Asian nation, with both French energy giant Total and Saudi Arabia's Aramco buying stakes in Indian companies.

Minister Narendra Modi chaired a union cabinet that approved the MOU between India’s ministry of energy and their Saudi Arabia counterparts to cooperate in

incentives for high-efficiency solar modules as it intends to make India "a global manufacturing hub" in the renewables industry. Speaking at the

PV modules, this will be increased to INR 240 billion (US$ 3.22 billion), said India's priest of brand-new and also renewable energy, RK Singh. A request to

Solar, the Solar PV production arm of Adani Group, has actually presented India's first large sized monocrystalline silicon ingot. The company has actually

in neighborhood press previously today recommended that India-based module makers Vikram Solar as well as Waaree are taking into consideration the launch of

to 10 million tons a year by 2030, according to the Aluminium Association of India. Aluminum manufacturers in India will certainly require to invest

solar fund, has introduced that it has finished its first purchase in India. The fund has gotten a 27.4 MWp plant in Odisha from IBC SOLAR Energy GmbH,

construction center for Cathode, Anode as well as for Single Cell. Presently, Indian battery suppliers are importing singe cells as well as making batteries of

imports from countries like China. First of all, it will certainly assist Indian makers boost their manufacturing capability, thus decreasing our dependence

India introduced that its eMPV e6 is powered by BYD's Blade Battery. It is a subsidiary of the Warren Buffett-backed Chinese EV maker BYD. The eMPV e6 was

India reached 5,953 MW of roof solar generation capacity at the end of June, with 1,140 MW added since July last year, according to the most recent roof solar map released by consultant Bridge To India. Of the cumulative overall, commercial and commercial (C&I) arrays contributed 4,373 MW, residential 804 MW and public market sets up 776 MW with the capital investment (capex) repayment upfront version totaling up to 69% (4,102 MW) of purchases. The equilibrium of acquisitions were by companies who own and also mount varieties on leased, third-party roofs in return for electrical power invoices, under the operating expense (opex) technique. In the year to July, capex acquisitions made up 61% of the 1,140 MW number. Leading states Maharashtra is India's rooftop solar funding, with 851 MW of generation ability made up of 784 MW of C&I systems, and 67 MW of public market ranges. Rajasthan, with 526 MW of rooftop ability, rates following, followed by Tamil Nadu, with 481 MW. Commercial and also industrial selections provided 92% of the rooftop market across those three states. Himachal Pradesh, with just 15 MW of roof capability, and Bihar (27 MW) brought up the rear in the state figures. Capex In installer terms, Hyderabad-based Fourth Partner Energy claimed 7.5% of the market to the end of June, marginally ahead of Mumbai's Tata Power (7%), with Ahmedabad firm Prozeal Infra taking 3.7% of the trade and also Mumbai's Mahindra Susten 3.6%. Singapore-based Cleantech Solar remained to control the third-party rooftop sector, representing a 15.3% share of a 443 MW market from July to June. It was complied with by Gurgaon's Amplus Solar (13.6%) and Fourth Partner (13.4%). Chinese suppliers remained to control the inverter market over the latest full-year, with Growatt providing around 23.3% of the year's 1,140 MW market, followed by Sungrow (22.9%) and also Solis (13.9%). Goodwe (12.2%) as well as Huawei (6.8%) were the various other 2 Chinese makers which ranked amongst the leading six distributors. Taiwanese company Delta rounded out the top 6, with an 8.6% slice of the marketplace.

Ltd., India's biggest electrical energy manufacturer, is looking for a critical investor in its renewables company prior to taking the unit public next year,

the fiscal year through March 2023, India brought online 8 GW of utility-scale photovoltaic (PV) parks, which was 22% less than a year prior to, as well

Solar Inc. and also Avaada Group are amongst winners of India's 195 billion rupees ($2.4 billion) in rewards to motivate domestic manufacturing of solar