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Industry News

October 2018

India Was the Second Largest Solar Market in First Half of 2018

India was the second largest solar market in the world surpassing the United States in terms of solar capacity addition in the first half (1H) of 2018. While China added 24.3 GW of solar PV capacity in 1H of 2018, India added 4.9 GW in 1H 2018 and the United States added 4.7 GW of solar PV capacity.

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October 2018

Government Extends Duration of FAME I Program for EVs Again

The government has decided to yet again extend the duration of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) program aimed at facilitating the widespread adoption of electric vehicles.

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September 2018

25 GW of Solar Capacity Installed

India has crossed 25 GW in terms of total installed solar capacity, inching its way closer to the 2022 target of 100 GW. In the first half of 2018, about  5 GW of solar capacity was installed across the country including both large-scale and rooftop solar. According to  Mercom India Research approximately 1 MW of solar PV capacity was installed every hour in India in the first half of 2018. For the second year in a row solar is the leading new power source added in India.

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September 2018

Solar Companies Flock to Bangalore

Looking at the rapid pace of solar energy installations across India, one wonders what it would take for a city to be at the heart of it all. Is there such a city in India coveted by solar firms as well as original equipment manufacturers (OEMs)? Yes, and one has to look no further than the capital city of the leading solar state Karnataka for the answer. India’s Silicon Valley, Bangalore, is also quickly transforming into a hub for all sorts of renewable energy companies which are driving India’s clean energy push. Over the past year, an increasing number of foreign firms have opened their offices in Bangalore and suburbs, adding to an existing renewable energy ecosystem which includes many established as well as upcoming indigenous firms.

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January 2018

Karnataka to Procure 640 Electric Vehicles Under FAME-India Program

Karnataka is the first Indian state to launch a specific EV policy. Through this procurement, the state government has demonstrated its resolve to move towards clean mobility and reduced carbon emissions. The Karnataka government is all set to procure 640 Electric Vehicles (EVs) under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) program.

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October 2017

Floating Solar Systems: Potential Promise and Challenges
Solar radiation incident on the surface of earth is rather weak. Commercially available solar cells - convert typically between 16 and 20% of this incident energy, under Standard Condition into electrical energy. The low efficiency of conversion in conjunction with multiple losses (cable, temperature, dust and DC-AC conversion) till the point of actual use, calls for large tracts of land for utility scale power generation. Converting fertile agricultural and other productive land to set up solar farms would not be wise. Also in many cases lands have to be cleared of thick vegetation that provide lung space. In island nations like Singapore, Philippines, Korea and Japan, land is scarce. An attractive alternative to the land based solar generation is to utilize the surface of water bodies like lakes, ponds, reservoirs, dams which come at no cost.

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June 2017

 

Utility Scale Battery Electrical Energy Storage System – its time has come in India
The solar industry in India set up as early as 1977 sustained for over three decades purely on the government supported remote home lighting programmes like lanterns, home lighting and street lighting and remote industry applications like rural telephony. Battery was a key component in all these off-grid solutions. However for the battery industry, the solar market was too insignificant to be taken seriously and for the solar industry module prices were of far greater concern than all else and batteries did not receive the attention it deserved. In fact, with many failures in the off-grid systems, traced to battery, arising out of improper use and poor maintenance, it was considered “a weak link”.

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April 2017

Rewards of Harvesting the Sun – the Rewa Way
The 750 MW Ultra Mega Solar Project being implemented by the Rewa Ultra Mega Solar Limited, a joint venture of Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam recently received global attention for the record low tariffs bid by the companies. The tariff at Rs. 2.97/unit was one of the lowest in the world. The project split into three units each of 250 MW was won by local companies Acme Solar, Mahindra Renewables and the Swedish Solenergi Power.

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January 2017

Welcoming an Exciting and Promising New Year
As we step into the New Year there are enough reasons to celebrate. The total installed capacity which totaled 5 GW at the end of 2015 doubled and crossed the 10 GW mark in November 2016. Solar’s contribution to the Nation’s energy basket rose to a recognizable 1% and overtook the Bio-mass segment to become the second largest RE contributor, after wind. The rooftop segment which lagged behind the ground mounted power plant segment, gained momentum to clock a cumulative installation of 1 GW in October 2016.
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