Category — Renewable Energy

Integrating Renewable Energy to Grid Viable for India

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) confirmed the technical and economic viability of integrating renewable energy into a grid with an advanced weather and power system modeling.

The report, titled GREENING THE GRID: Pathways to Integrate 175 Gigawatts of Renewable
Energy into India’s Electric Grid, Vol. I—National Study, says that India’s current power system is dominated with coal but has the flexibility to accommodate the variability associated with the renewable energy targets. Power Poles

“With renewable energy auction prices at record lows, an immense amount of renewable energy growth is anticipated to be added to India’s power system,” principal investigator Jaquelin Cochran, a manager in NREL’s Strategic Energy Analysis Center, said in a statement. “We wanted to provide a systematic way to plan for that. The results of our study can inform policy and regulatory decisions that support system flexibility and renewable energy investment in India.”

According to R&D Magazine, the researchers identified how the Indian power system production cost model is balanced every 15 minutes, the same time frame used by grid operators. This means that 160 GW of solar and wind capacity can serve 22 percent of India’s power demand and the system can manage the added variability of wind and solar without new, fast-ramping infrastructure.

 

August 4, 2017   No Comments

India’s Solar Rooftop Installations Grow 81% Y-o-Y

India added 678 MW of rooftop solar capacity in 2016-17, growing at 81 per cent over the last year, reaching total installed capacity of 1,396 MW as of March 2017. The southern state of Tamil Nadu continues to lead in rooftop solar projects in the country. With an installed capacity of 163 MW as of March this year, the state outperformed all its peers in rooftop solar installations according to a report by Bridge to India, a global renewable energy consulting firm.

Industries are major drivers for rooftop solar installations in the country, contributing 590 MW. In Tamil Nadu too, the industrial segment contributed about 124 MW. State-owned establishments are expected to show robust growth in the coming years because of strong support from the government combined with 25-30 percent capital subsidies.

Bridge to India expects India’s rooftop solar capacity to cross the 2 GW mark during this fiscal, partly driven by several ongoing and recently completed rooftop solar tenders. The state-owned segment is expected to grow at  205 percent during this fiscal year, reports BusinessLine. Total rooftop solar capacity is expected to reach of 13.2 GW by 2021.

The interactive map found here depicts the number of solar installs in India. If you zoom in on a small area you can actually see a photo and details of each installation.

July 26, 2017   No Comments

Warburg Invests $100 Million in India’s CleanMax Solar

In its seventh transaction within one year, NYC-based Warburg Pincus will invest up to $100 million in Mumbai-based rooftop solar projects developer CleanMax Enviro Energy Solutions Pvt. Ltd. According to VCCEdge, the data research arm of VCCircle, this latest investment takes the total amount Warburg Pincus has committed in India to $1.14 billion.

CleanMax is the first renewable energy company that Warburg Pincus has backed in India since it entered the country two decades ago. According to the company’s website, it has more than 45 MW of installed and onsite projects, and caters mainly to corporate customers across automotive, food and beverage, IT and other industries.

Kuldeep Jain, CleanMax founder and managing director, said that his company aims to use the funds to expand in India and pursue growth opportunities in the Middle East and Southeast Asia.

CleanMax Solar Logo

 

 

July 19, 2017   No Comments

India, U.S., to Accelerate Cooperation in the Energy Sector

In the wake of President Trump‘s and Indian Prime Minister Modi’s meeting, the White House released a statement that said, “The United States and India are committed to realizing commercial civil nuclear cooperation, in particular through a contract for six Westinghouse Electric AP-1000 nuclear reactors to be built in Andhra Pradesh, India. Once completed, the project will provide reliable electricity for millions of Indian citizens.”

India’s Foreign Secretary S. Jaishankar said that by the end of the year Westinghouse will rework its current situation and conclude contractual agreements between the Company and the Nuclear Power Corporation of India for the six nuclear reactors, as also related project financing, reports the Economic Times.

Energy
The White House said Indian energy companies have signed more than $30 billion in long-term contracts for U.S.- produced liquefied natural gas, including from Louisiana and Maryland. The industry estimates that Indian companies have invested more than $10 billion in the United States’ liquefied natural gas and shale sectors.
The two countries also announced the Smart Grid and Energy Storage consortia under the U.S.-India Joint Clean Energy and Research Development Center.
Additionally, the U.S. Department of State is facilitating connections between American and Indian industry, state governments, and universities to advance energy solutions, the White House said.

June 27, 2017   No Comments

Tesla Seeks Import Duty Waiver Till it Can Make in India

Founder and CEO Elon Musk tweeted that Tesla is pushing for import tax waivers to launch its vehicle in India.

Musk  has shown support for India’s plans to have only electric cars on its roads by 2030. According to BusinessLine, India’s government is willing to talk to Tesla while also clarifying that the local sourcing norms don’t apply to cars.

Import duty of cars in India is as high as 125%. Completely-built electric cars priced less than $40,000 attract 60 percent customs duty. However, if assembled in India, the duty on a completely knocked down unit is 10 percent.

Tesla Cars

June 19, 2017   No Comments