Renewable energy-based mini-grids can boost small businesses, create local jobs and build economies thus improve living standards in villages. This in turn will ensure women’s empowerment, better health and education. There cannot be a better development agenda for the country than this.
This article briefly outlines the details of the case study carried by International Finance Corporation (IFC) to develop a network of women entrepreneurs known as Solar Sahelis.
CSTEP has developed a tool that would accurately assess the potential of solar photovoltaics on rooftops in Bengaluru along with the associated business case for all consumer categories. The project involved using aerial Light Detection and Ranging (LiDAR) technology to develop high resolution 3D mapsof the city including building heights and neighbouring obstacles such as trees, other buildings, poles, billboards.
Dennis C. Cossey, CEO of Impact Strategies Inc has written this paper focusing on a hybrid, fuel-flexible, enhanced minigrid scale system which is defined here as a DER system capable of generating power in the 5 to 10 megawatt range (although it can be designed to accommodate virtually any output). This is enough power to supply peak demand for a small industrial center as well as the local supporting community infrastructure on a 24/7/365 basis.
Considering all the benefits, the growth aspect and the advancements in generating electricity from rooftop solar, it now makes a wise business proposition to be a part of the industry. However, like every other industry there are also a lot of challenges that are faced by the participants in the rooftop solar space.
In 2017, the global wind industry continued with installations above 50 GW. After five years of essentially flat markets from 2009-2013 due to the global financial crisis, installations crossed the 50 GW mark in 2014 mark, and have stayed over 50 GW for the last four years.
MNRE has announced a scheme to support promotion of biomass based cogeneration Insugar mills and other industries in the country upto March 2020.
It is safe to say the Indian renewable energy sector is the second most attractive renewable energy market in the world. It is expected twenty years from now by the year 2040, around 54 per cent of the total electricity will be generated by the renewable energy.
The concept of flexible utilization of coal as introduced by the Central Government in year 2016, allows the use of coal within its basket in optimal manner. This avoids unnecessary coal transportation and reducing the power generation cost. In a similar manner, it is has been decided that there should be some flexibility in Generation and Scheduling of thermal power stations so that Discoms are able to meet their RPO without facing any additional financial burden.
In 2017, the global off-grid solar (OGS) sector is providing improved electricity access to estimated 73 million households, or over 360 million people, thus transforming lives that were previously relianton kerosene and solid fuels for most of their lighting needs.
“India has one of the fastest growing energy markets and we will continue to grow in the foreseeable future. Electricity will play a larger role in the future energy chain in India as we will move towards more self-reliance and lower carbonization”
The Indian numbers show investment oscillating in the $6-14 billion range since 2010 – still not reaching the sort of levels that would be required for that country to meet Prime Minister NarendraModi’s ambitious goals for 2022.
Total Corporate Funding In The Solar Sector Comes To $2 Billion In Q1 2018. Battery Storage companies secured $714 million; Smart Grid companies brought in $422 million; and Energy Efficiency companies received $384 million.
As renewable capacity increases, economies of scale kick in and prices fall further, compounded by technological improvements, availability of cheaper financing, and ambitious targets by governments with clear energy policies. Records tumble, one after the other. Last year, for instance, saw record low solar costs broken not once, but four times and over a short period of time, raising questions as to whether it is realistic to expect this remarkable trend to continue.
Tamil Nadu and Gujarat have been identified as the two key coastal markets with the best offshore wind resources. A prerequisite for offshore wind is the need to build a whole new supply chain and infrastructure system.
Energetic India speaks with Dr. Gundu Sabde, CMD, RelyOn Solar.
Energetica India speaks with Mr.RAY LUIZ, Country Manager – India, Shenzhen Kstar New Energy Co
Energetica India catches up with Mr Manish Gupta , President , North India Module Manufacturer
UBM India speaks to Energetica India on UBM's role in India's Renewable energy sector.
Energetica India team catches up with the Sunshot Technologies to learn more about the company