Sep 84 min read

OneShot: A quick view on Renewable energy NEWS.

India is asserting its emerging dominance in the Green Hydrogen Sector: Pralhad Joshi at the curtain raiser of ICGH 2024 :

India is positioning itself as a key player in the global green hydrogen sector, according to Union Minister Pralhad Joshi at the curtain raiser of the International Conference on Green Hydrogen (ICGH) 2024. Joshi highlighted India’s ambition to become a global hub for green hydrogen production, backed by the National Green Hydrogen Mission.

Exempted export-oriented green hydrogen projects from solar module shortlist to lower costs:

The exemption for green hydrogen projects set up in special economic zones (SEZs) or export oriented units (EOUs) by 2030 from MNRE’s Approved List of Models and Manufacturers (ALMM), a list of domestic solar PV module manufacturers, was granted in May earlier this year.

'India's solar energy capacity jumped 33-fold in a decade': PM Modi

Prime Minister Narendra Modi on Thursday praised India’s significant progress in the green energy sector, highlighting the country’s achievement as the first G20 nation to fulfil its Paris Agreement commitments.

GERC Sets Levelized Tariff of ₹2.76/kWh for Solar Projects Below 5 MW :

The Gujarat Electricity Regulatory Commission (GERC) has set a levelized tariff of ₹2.76 (~$0.03)/kWh for solar power projects below 5 MW commissioned between April 1, 2023, and March 31, 2027

Solar Glass Manufacturer Borosil Renewables’ Revenue Up in Q1 FY 2025 :

The company’s net loss widened 23% in the quarter .Mumbai-based solar glass manufacturer Borosil Renewables ’ net loss widened 23% year-over-year (YoY) in the first quarter (Q1) of the financial year (FY) 2025 to ₹142.4 million (~$1.69 million) from ₹115.3 million (~$1.37 million). The company’s income increased 5% to ₹3.71 billion (~$ 44.19 million) from ₹3.54 billion (~$42.16 million) in Q1 FY 2024.

Maxeon Solar’s Q2 Revenue Dips Amid Module Shipment Detentions by Customs :

The company reported a net income of $11.66 million for the quarterThe company reported a net income of $11.66 million for the quarter, a substantial improvement from the net loss of $1.51 million in the same quarter a year ago.

Jakson Green to Develop 2.5 GW Solar Cell Manufacturing Plant :

The company plans to expand its 1.2 GW module facility to 2 GW The solar cells will be of TopCon technology. The company plans to keep the facility technology agnostic to ensure easy transitioning into emerging technologies. The location of the new unit will be finalized in a few months as the company is in talks with the state governments.

Jharkhand Floats EPC Tenders for 14 MW Solar Projects :

The last date to submit the bids is September 23, 2024 .Jharkhand Renewable Energy Development Agency (JREDA) has issued two requests for proposals for the engineering, procurement, and commissioning of 14 MW of grid-connected ground-mounted solar projects on government land in Palamu and East Singhbhum districts.

PM Modi pledges to help India achieve 500 GW renewable energy target by 2030 :

On Thursday, Prime Minister Narendra Modi spotlighted India's remarkable advancement in solar energy, noting that the country has expanded its solar capacity 32-fold over the past decade. He expressed confidence that this progress will help India achieve its ambitious target of 500 GW of renewable energy by 2030.

Maharashtra's Solar Surge: Powering RE Growth with Solar Energy :

Maharashtra is emerging as a major contributor in India's solar energy landscape, with its ambitious solar projects and supportive policies driving significant growth. The state's commitment to expanding its solar capacity and adopting clean energy technologies underscores its role as a frontrunner in the nation's green energy transition.

Alpex Solar announces plan to double PV module capacity to 2.4 GW by FY26 :

A greenfield project of 1.2 GW solar PV modules capacity will be installed in the company's newly acquired land parcel at Kosi Kotwan, Mathura in Uttar Pradesh, a statement said. The company will also explore a foray into solar cell manufacturing in the range of gigawatt capacity.

Solar Surge for Rising Rajasthan: Sunkind’s 1.5 GW Plant to Illuminate ‘Aatmanirbhar Bharat’ by April 2025 :

In a significant boost to India’s “Make-in-India” initiative and a push towards achieving self-reliance in green energy, the Rajasthan State Industrial Development and Investment Corporation (RIICO) has facilitated the establishment of a state-of-the-art solar module manufacturing plant by Sunkind Energy.

Premier Energies Wins Rs. 215 Crores Solar Project in Uttar Pradesh, Advancing India’s PM-KUSUM and Renewable Energy Goals :

Premier Energies has announced a significant contract with the Uttar Pradesh Department of Agriculture. The order involves the supply, installation, and commissioning of 8,085 solar water pumping systems across various districts in Uttar Pradesh. Valued at Rs. 215 Crores, the project is slated for completion by March 2025.

The SMA eCharger uses Solar Energy and Charges Up to 50% Faster :

SMA brings solar energy to the streets. The new SMA eCharger for PV-optimized charging of electric vehicles is available now. It combines solar and grid power to charge electric vehicles up to 50% faster than standard wallboxes. Controlled by the Sunny Home Manager 2.0, the SMA eCharger makes efficient use of the available solar energy. Installers benefit from the easy integration into the SMA Home Energy Solution and automatic over-the-air updates for new functions.