Jul 54 min read

OneShot: A quick view on Renewable energy NEWS

Domestic open access solar capacity addition doubles to 1.8 GW in Jan-Mar :

India added over 1.8 gigawatts (GW) of solar open access capacity in the first quarter of the calendar year of 2024, posting a two-fold increase from 909.3 megawatts (MW) in Q4 2023, the report titled 'Mercom India Solar Open Access Market' said.

State to provide solar power to 1,235 agri feeders:

Bihar State Power Generation Company Limited(BSPGCL) has planned to energise 1,235 agricultural/mixed feeders,connected to 843 power substations,with solar power under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM Kusum) Scheme.

The PM Kusum Yojana was launched in March 2019 with an aim to increase the income of farmers and de-dieselize agricultural sector

Navitas Solar: Revolutionizing Solar Energy :

Navitas Solar has become one of the most trusted names in the solar energy sector. They are making waves with their innovative product N-type TOPCon 144 Cell / 16 BB Half Cut Bifacial Module. This state-of-the-art solar module is a testament to Navitas Solar’s commitment to revalorizing the way solar power is generated, striving to provide high-quality energy solutions.

Steep Generation Duty HIke Casts Shadow Over Kerala’s Rooftop Solar Program

The State has Shifted the solar settlement period to April-March.The recent hike in electricity generation duty from 0.012(~$0.00014)/kWh to 0.15(~$0.0018)/kWh for rooftop solar systems in Kerala is threatening to disrupt the pace of renewable energy adoption in the state.The state excepts an additional annual revenue of 240 million(~$2.87 million) from the increased duty.

Clean energy investment Nears $2 Trillion in 2024 But Disparities Remail :

Investment in solar alone is expected to surpass $500 billion in 2024.

Global energy investment in 2024 is projected to exceed $3 trillion,with $2 trillion dedicated to clean energy technologies and infrastructure,according to the latest world Energy investment 2024 report by the international Energy Agency(IEA).

This reflects a surge in clean energy investment since 2020,driven by advancements in renewable power,grids,and storage.the current trends in clean energy spending exceed those for oil,gas and coal.

40 years later, photovoltaics lights up half of Spain:

Photovoltaic solar has become the second technology with the most megawatts installed and led electricity generation in May for the first time.

In 1984, 40 years ago, a space technology, used since 1958 outside of Earth, was established in Spain. Iberdrola then launched the first photovoltaic plant connected to the grid in San Agustín de Guadalix, with 100 kilowatts of power. It was a pilot project at the time, with an investment of 462 million pesetas, about 250,000 euros today. The solar expansion was not entirely meteoric and for almost a decade, the San Agustín de Guadalix photovoltaic plant remained the only one on the Peninsula.

Synhelion partnering with Pilatus to scale its solar fuel :

Pilatus and Synhelion are about to launch a strategic cooperation aimed at accelerating the scaling of solar fuels for the aviation industry. Pilatus intends to use Synhelion’s solar fuels for its own operations and also offer them to its own customers in the medium-term. With that in mind, Pilatus has become a shareholder in Synhelion, underpinning its commitment to proactive defossilization of air traffic.

Empowering Renewable Energy: Streamlining Regulations For Solar Growth In Rajasthan :

The Rajasthan Electricity Regulatory Commission (RERC) issued the Grid Interactive Distributed Renewable Energy Generating Systems (DREGS) Regulations in 2021 to facilitate the development and installation of distributed renewable energy systems. These regulations were designed to streamline the process of setting up such systems, ensuring adherence to specified timelines and procedures. The regulations were further amended on August 28, 2023, to address emerging needs and challenges.

Haryana Approves 800 MW Renewable Energy Purchase From SJVN To Meet Growing Energy Demands :

The Haryana Power Purchase Centre (HPPC) filed a petition seeking approval for procuring 800 MW of renewable energy from Satluj Jal Vidyut Nigam (SJVN) Limited. This renewable energy will come from Inter-State Transmission System (ISTS)-connected projects equipped with energy storage systems. The proposed rate for this energy is ₹4.45 per kilowatt-hour, including a trading margin, over 25 years.

BluPine Energy secures solar PPA with APL Apollo Group :

BluPine Energy will set up a 61.65 MW solar plant in Chhattisgarh for consumption by APL Apollo Building Products and other offtakers.

BluPine Energy, a renewable energy services company established in India by global infrastructure investor Actis, has announced the signing of a solar power purchase agreement (PPA) with APL Apollo Building Products, India’s largest structural steel tubes and pipes manufacturing company. APL Apollo Building Products is an arm of APL Apollo Tubes.

JSW Energy begins construction of 1 GWh battery energy storage project in Rajasthan :

JSW Energy on Monday said it has commenced the construction of 1 gigawatt hour (GWh) battery energy storage system project at Fatehgarh in Rajasthan.

The company bagged the project from Solar Energy Corporation of India Limited (SECI) recently, JSW Energy said in an exchange filing.

The project consists of two installations, each with a 500 MWh storage capacity, designed for two hours of storage in one cycle. The project will be developed under a Build Own Operate and Transfer (BOOT) mechanism and will be transferred to the offtaker after 12 years, the company said.

IIT Jodhpur Develops Cost Effective Solar-Powered EV Charging :

IIT-Jodhpur has recently developed a cost-effective adaptor allowing electric vehicles to charge using solar power, aligning with Prime Minister Narendra Modi's vision for solar-powered EVs.

This innovation addresses the challenge of efficient solar panel utilisation and aims to mitigate concerns over EV charging infrastructure scarcity.