Advanced energy storage technologies can play an important role in renewable integration, energy access, electric mobility and the smart cities initiatives of the Indian government. We are at a critical stage for building a manufacturing ecosystem for advanced energy storage technologies in India. While, around the globe, over 200 GWh of advanced energy storage manufacturing capacity is already built and another 200 GWh of new capacity will be built within the next three to five years.
With the latest sophisticated primary NOx reduction technology, including burner modification and over firing system (OFA), the desired NOx emission levels given by Indian regulation can also be met at a local power plant in India. Though implementing the Primary Low-NOx solution for one boiler takes months as resources to implement the modifications are limited, it is a cost-efficient option that can help coal-fired thermal power plants be ready on time
According to the Climate scope report, renewable energy accounted for 71 GW of India's installed generating capacity in June 2018. This is a substantial increase from existing capacities of 3.5 GW, 23 GW, 4.4 GW, and 4.2 GW, respectively (MNRE, November 2015). As the solar spread increases, the government plans to set up a proper framework to boost domestic manufacturing for the sector.
It will be also interesting to see if the government will do away with reverse bidding and adopt FiT. Solar has already reached grid parity and there is no real need to further reduce the tariff and put more cost pressures on the value chain. Stability in tariffs can mitigate the impact of expected volatility in price, increase investor’s confidence, and ensure the participation of serious long-term players.
It is efficient power supply which forms the backbone of any Smart City because it is a prerequisite to all the processes involving these “Cities of the Future”. The efficient flow of electricity, in turn, depends on a robust and efficient transmission network, to which smart grid applications hold the key
The market for graphene batteries is predicted to reach $115 million by 2022. It is expected that graphene based metal-air batteries and fuel cells will make battery technology more economically viable
In a recent analysis of consumers’ perspective in five cities in India and covering 1808 households, we found that financing rooftop solar for the residential customers is a major concern. Only 5 percent of the households in our study applied for loans from banks and financial organizations
With the help of new technology, emerging companies can break downplastics at the molecular level and recapture these Energy Sources to use again in various fuels. This technique can be used in India too to degrade the unused Plastic and use waste in efficient and productive way!
Many Indian infrastructure projects – including those in the power sector - are affected by time over runs, placing project viability at risk. Delays in land acquisition and site handover remain key reasons for schedule over runs during the pre-execution phase. Government guidelines to speed-up the process plus the online clearance application system are helping address these challenges
As successful solar power plant projects rely on adequate funding, it is imperative for financial institutions to ensure they are backed by technically sound and profitable power plants. This also means that while financial due diligence is critical for investing in a solar project, it is equally imperative to ensure that the project is technically sound
The financial palatability of the project, the net present value (NPV), is the highest in Karnataka followed by New Delhi for OPEX model of tenure of 10 years. However, if we observe east and west zones, they are more attractive towards CAPEX model with higher NPVs. In addition, it has been observed that irrespective of type of roof, ownership model will remain same zone wise
Thanks to technological advancement, windmill owners can keep a tab on the daily operation through technically advanced IoT enabled products. There are instruments that help in monitoring the performance and also alert the owner on the issues that need to be addressed. This ensures that there are no unexpected downtime
“An immediate rethinking of on-ground policies needs to be done to facilitate the ‘realization’ of solar. While domestic producers of solar-cells need to be protected and their interests promoted, it cannot be done at the cost of increasing the product cost for the end-user, thereby jeopardizing the future of the entire industry. The falling currency rates have definitely not helped the matters either”
Developing large scale charge point network in Indian urban environment will be challenging. High upfront capital costs and present low levels of uptake for electric vehicles mean that returns on investment will only be realized over longer periods. That would require for government to create opportunities for investment in new rapid charging infrastructure by reducing key barriers to investment, in particular access to suitable sites with sufficient power
The cost of an EV in India is determined by the cost of the battery which at this time constitutes around 35 per cent of the cost of the EV. The cost of the battery in turn governed by international dynamics and who holds the minerals required for battery production. Companies in India are working on producing Lithium based batteries in India which is bound to bring battery prices down
Energetica India speaks to Mr. Jarnail Singh to learn about The Climate Group's Indian presence
Mr. Naveen Munjal talks to Energetica India about India's Power T&D Sector & its future ahead
Mr. Rishi Seth speaks to Energetica India on the Company’s Success in the Indian Solar Industry
Energetica India catches up with Imaan Javan to learn more about Suntuity REI plans for India