India is Set to Witness the World’s Fastest Growing Cooling Demand
EESL has recently partnered with ISHARE. How do you see these developments in the backdrop of World Environment Day?
India is set to witness the world’s fastest growing cooling demand and consequently, its air conditioning market is primed to rapidly expand in the next five years. The current aggregated nationwide growth for cooling is expected to grow 2.2 to 3 times, just in the next decade, over the 2017 baseline.
This demand will rise steeply...
AI will move from being a good-to-have technology to a must-have technology
Government Needs to Incentivize Entrepreneurs while Protecting Rights of People
Support from the Government, be it State or Central, is an indispensable factor for start-ups, especially in India. Entrepreneurs are expected to raise productivity and living standards, at scale, by offering innovative solutions. The government needs to incentivize entrepreneurs while protecting the rights of the people. In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Associate Editor, Energetica India, interacted with Kunal Kislay, Co-Founder & CEO, Integration Wizards Solutions. Here’re the edited excerpts from that interaction
We Need to Create Employment Opportunities that would Inspire Women to Join Clean Energy Space
Utilities to Start Advance Planning for Storage Requirement, Revisit Plan in Every 2-3 Yrs
Utilities should start planning as to how much storage will be needed and where should these be located on the grid and revisit this plan (along with RE addition plans in tandem) at least every 2-3 years. Most importantly, regulators should ensure that regulations for ancillary services, market mechanisms, tariff structures, incentives, and sa...
There Must be a Penal Mechanism on Discoms for Delay in Signing PPAs, Payments Release
Module Prices to Remain Higher in Near Term
After the Chinese New Year, glass prices did not fall a bit from their autumn highs. Glass continues to remain in shortage for the downstream demand, but the situation is expected to get better. 80% of the price of a PV module is based on the cost of raw materials. The turbulence of solar PV supply chain will last at least three months or longer till supply and demand will further improve and rebalance again. We can expect the module prices to be on the higher side until that happens, says Manish Narula, Senior Director of Business Development (India) & Sales Head (West/South), JinkoSolar, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Narula also discussed about his company’s presence in the Indian market, its product offerings, industry bottlenecks, expectations etc. Here’re the edited excerpts
India’s Power Sector Must be Financially, Physically Resilient to Secure Investments it Needs
Ministry of Power's Early Commissioning Incentive Policy Needs to be Revised
The early commissioning incentive policy of the Ministry of Power (MoP) needs a revision given that transmission projects now need to be commissioned in tandem with renewable energy projects, in 18-24 months, suggests Manish Agarwal, CEO – Infrastructure & Solutions Business, Sterlite Power, in an exclusive conversation with Manu Tay...
We are Currently Working on the Impact of Cyclones on Electric Power in India
There’re Many Hydropower Projects Vulnerable to Natural Disasters
The recent glacier ice avalanche-induced flash flood that occurred on February 7, 2021, is a recent example, which impacted the river channels and hydropower projects located close to the glacier in the downstream area. Although the event damaged Rishi Ganga Hydel Project and Tapovan-Vishnugad Hydropower Project, there are many other hydropowe...
Electric Vehicle Sector will be a Special Feature of This Year in RenewX
Solar Power is Set for Explosive Growth in India
The Indian electricity sector is on the cusp of a solar-powered revolution. Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades or even sooner. This dramatic turnaround is driven by India’s policy ambitions, notably the target to reach 450 GW of renewable cap...
Currently where Petrol Prices are Rising, EVs Make Perfect Sense for Last-Mile Delivery
There's a lot more than the Government can do for the start-up ecosystem in India
We think that the start-up ecosystem in India is growing but there is a lot more than the government can do other than lip service. As a startup entrepreneur, our expectations include - Special startup incubators, preference for startups with lower capital ability to compete with big guns in government contracts, etc.
In an exclusive in...
Driving Down the LCoE of Wind Power is the Biggest Ongoing Challenge
We Expect Indian Market to Recover, Supported by Solid Regulations
We expect the market to recover, supported by solid regulations that incentivize investment in new wind projects. Ingeteam, as well as other key players in the Indian market are seeking stability that can enable us to strengthen processes and relationships in order to optimize performance. From a manufacturing perspective, steps on this have a...
We Plan to Solarise 1,00,000 Homes in Near Future
Self interest of Discom’s and their aim to retain monopoly is hurting the long-term perspective of renewables
Sudden policy changes and complex regulatory aspect is the biggest challenge we face today. The self interest of power distribution companies (Discom’s) and their aim to retain monopoly in power management business is hurting the long term perspective of renewables in India and this needs to be taken care of.
On International Wom...
Subsidised Rate of Electricity to be Given to Small Rural Mfg Units to Lower their Running Cost
Supply Side has to be Incentivised to Keep up the Pace with Demand Side
We clearly see the demand rising continuously as it’s driven by distinct advantage to the user in terms of cost and environment norms. However, the supply side has to be incentivised to keep up the pace with demand side. There is large occurrence of failure in small manufacturers in this field. This is where the Government support is cri...
Availability of Skilled Manpower in Construction and O&M Remains a Challenge
Renewable Energy industry is growing very rapidly, and so are the jobs
The Renewable Energy industry is growing very rapidly, and so are the jobs in this sector. Yes, the female to male ratio is a bit low, but it is gradually improving as organisations are also looking at ways to make the workplace more equitable. I encourage women to apply for jobs in solar, as this is an exciting area to work in, with tremendou...
We are seeing digital transformation in the energy sector
In a few lines, what does your company offer to the sector and how many years has it been doing it?
MathWorks is focused on offering engineers and scientists’ tools and technologies that allow them to do their best work. Our products, MATLAB and Simulink are used extensively - in power & energy industry to develop and implement power system models, analyze big data, and automate processes, and develop embedded control and signal pr...
Technological Advancement, Innovation Key to Achieve AtmaNirbhar Bharat in Solar Manufacturing
There Must be Atleast 40% of BCD on Solar Modules for Indian Manufacturers to Compete
Building strong integrated solar industrial clusters along with clear policy framework from the government a must for solar manufactures to prosper in India. The government should also create a specialized infrastructure covering the entire value chain from R&D, testing, training center, and other required supporting services. We need a cl...
Working with India, its Govt, its Companies and its People is Very Attractive to us
NEOM will Offer Investors, Entrepreneurs an Attractive Environment for Investment, Biz
NEOM will offer investors and entrepreneurs alike an attractive environment for business and investment, all supported by a progressive law compatible with international norms and conducive to economic growth. THE LINE, in turn, will power NEOM as it becomes a hub for innovation where global business and emerging players can research, incubate...
Need to Boost Infrastructure Financing and Encourage Regional Collaboration in Power Sharing
Rs 5,000 Cr Worth of Transmission Projects Currently Delayed Due to ROW Issues
The construction and commissioning of transmission projects worth more than Rs 5,000 crore are currently delayed due to ROW issues. Linear projects like transmission have little leeway in negotiating ROW, forest, wildlife, defence, airport, coastal zone etc. and are therefore heavily dependent on active government support. The tight execution ...
We will Put Much More Resources into Marketing to Further Expand Our Brand Reputation
We will ramp up marketing both online and offline
Kehua will put much more resources into marketing actions that covers both online and offline activities. We have built connections with the most influential organizations in different countries. What’s more, numerous of road shows and regional promotion activities will be organized together with our local partners to further expand our ...
We expect that by 2022, 30% of Projects to be Executed in Utility Segment with String Inverters
We are Targeting Over 600-800MW in India Next Year
We are targeting more than 600-800MW in India next year. This includes balanced product spread across residential, C&I and Utility segments. Our new advanced state-of-the-art manufacturing facility will also be ready by Feb – Mar, this will further fillip our shipments. With this new facility the total annual capacity will reach more...
We Must Understand that an Equal World is an Enabled World
Rooftop Solar Sector Needs its Own Set of Policies
Rooftop solar in India has not been able to scale up to the level and attained critical mass although it has tremendous potential. This has been primarily due to inadequate policy push and more focus been given to utility scale solar. Rooftop solar sector needs its own set of policies directed to promote rapid deployment of assets such as remo...
EV Still at Nascent Stage in India, Challenges have been Multi-Fold and Multi-Dimensional
There is More that Can Be Done for Promoting Start-Ups in India
There are a few good schemes which are launched by the Government for Start-ups; however, they are not implemented in true letter and spirit. So essentially a start-up is not able to utilise it properly and the scheme stays as marketing exercise only. In my view there is more that can be done for promoting start-ups in India. In an exclusive i...