The Solar Power Landscape in India
Today’s news wrap-up highlights the significant strides India is making in the renewable energy sector, with a particular focus on solar power.
The Pradhan Mantri Free Solar Power Scheme: Challenges Ahead
The Pradhan Mantri Free Solar Power Scheme is a commendable initiative aimed at harnessing solar energy for the country’s power needs. However, it faces several challenges, including the need for extensive infrastructure, efficient storage solutions, and overcoming geographical limitations.
MSEDCL’s Solar Power Project
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has released a tender for a 1000 MW solar power project. This move signifies a significant step towards achieving India’s renewable energy goals.
JSW’s Solar Capacity
JSW Energy has received a Letter of Award for a 700 MW ISTS solar capacity from the Solar Energy Corporation of India (SECI). This development further strengthens JSW’s position in the renewable energy sector.
MSEDCL’s Hybrid Projects
In another significant development, MSEDCL has invited bids for procurement from 500 MW hybrid projects. This move is expected to boost the hybrid renewable energy sector in the state.
BluPine Energy’s Wind Project
BluPine Energy has secured a loan of Rs 12.6 billion for a wind project in Gujarat. This funding will significantly contribute to the growth of wind energy in the state.
CSH in India
According to Jaideep Malviya, Concentrated Solar Heat (CSH) in India is best suited for heating applications. This statement highlights the potential of CSH in contributing to India’s renewable energy mix.
Rooftop Solar Settlement Period Extension
The Public Utilities Regulatory Commission (PERC) has extended the settlement period for rooftop solar to 31st March 2025. This extension provides a much-needed boost to the rooftop solar sector.
Schneider Electric’s New Appointment
Schneider Electric has appointed Arvind Kakru as Vice President of Industrial Automation. This appointment is expected to drive Schneider Electric’s growth in the automation sector.
India’s Solar Capacity
According to the latest Central Electricity Authority (CEA) report, India’s solar capacity has crossed 75 GW. This milestone underscores India’s commitment to renewable energy.
Trina Solar’s Technology Patents
Trina Solar has announced ownership of TOPCon technology patents. This development is expected to enhance Trina Solar’s technological capabilities in the solar sector.
EU’s Energy Efficient Building Plans
The European Union (EU) has adopted plans for new energy-efficient buildings and revised solar standard rules. These changes are expected to have a global impact on energy efficiency standards.
US FERC’s Offshore Wind Project
The US Federal Energy Regulatory Commission (FERC) has approved an 810 MW offshore wind project to connect into the NYC grid. This project is a significant step towards harnessing wind energy on a large scale.
EV’s & Storage News
The Indian government has allocated Rs 500cr to boost electric two & three-wheelers. This move is expected to accelerate the adoption of electric vehicles in the country.
Stay tuned for more updates on the renewable energy sector. Remember, every step towards renewable energy is a step towards a sustainable future.
