DOCSLIB.ORG

Inergy-Pulse

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Inergy-Pulse INERGY-PULSE Volume 1, Issue 1| August, 2018 Power Generation Power Transmission Power Distribution Power Trading Coal Sector Renewable Energy Solar Non Solar Miscellaneous Articles Regulatory Updates Focus Area: Safeguard Stat of the Month Update from Web Upcoming Events Duty on Solar Cells Power Generation News Statistics Internal report of NTPC on last year NTPC Unchahar plant accident which resulted death of Power Generation Capacity of India as on June 30, 2018 45 workers have pointed the "human error" or say "error in judgement" as the reason. Capacity- 343898.39 MW An explosion of hot gas at a boiler was the result Coal of an "error in judgement" by some of the plants most experienced operators. Gas 20% Diesel The plant operators were aware of an ash Nuclear buildup in the Unit-6 boiler and had reduced the Hydro 58% unit's load to 300 MW while workers cleared the Renewable 13% ash from the furnace bottom in the hours leading up the accident, the report said. 2% Banks are looking for one-time cash settlements 0% to recover their long-pending loans even at a 7% substantial cut on their dues in order to avoid long-drawn insolvency process. Source- CEA & Inergystat Under the Parivartan scheme, many bankers saw their loans converted into equity in these Sector-wise installed Capacity projects. 12 February circular of RBI offering OTS as a possible resolution option for defaulting power sector dues, banks have taken 1 March as reference date for such loans. “According to the circular’s timeline of 180 days, State this gives banks until 26 August to resolve bad Private 25% loans, after which they head into liquidation,” 30% industry person said. Central NTPC Ltd, will add 5,680 MW generation capacity this financial year and will spend about INR 22,300 Crore on capital projects. 45% NTPC is working on creating 20.2 GW (including 5.68 GW) of coal-powered plants and around 0.8 GW of hydropower plants. Source- CEA & Inergystat The Government in June, 2017 accorded administrative approval and financial sanction for setting up ten indigenous Pressurised Heavy Water Reactors (PHWRs) of 700 MW each in fleet mode. Undergoing projects Chutka, Madhya Pradesh; cancelled 464,727MW coal-based generation Kaiga, Karnataka; Mahi Banswara, Rajasthan; projects planned since 2010. The portfolio of Gorakhpur, Haryana & Mahi Banswara, coal-fired projects includes those in varying Rajasthan with 2 units each of 700 MW. stages, from conception to grant of permissions. IEEFA observed that the decision to cancel the With completion of projects, the total nuclear country's largest planned new coal-fired station power capacity will reach 22480 MW by the year is just the latest step in India's remarkable and 2031. ongoing energy transition. As of now, more than 80,000 MW of coal-fired capacities are shown as Recent report by C-STEP finds that the new still progressing through approval processes, environment norm brings huge opportunity report estimates that only 10,000-20,000 MW of for manufacturing industry in India. As per the planned capacity may actually see the light report, the cost and benefits of installing of the day. pollution control equipment in India’s thermal power plants is of around INR 3.91-3.96 lakh Gujarat government has formed a high powered Crore till 2030. Out of this, equipment such as committee to offer solutions for imported coal flue gas desulphuriser, catalytic reducer and fired power plants that are underutilized due to electrostatic precipitators alone will account viability issues. The committee chaired by ₹ for 2.57 lakh crore. (Click here for Report) former Supreme Court judge Justice R. K. Agrawal. The committee will offer solution to As per C-STEP report, the monetised benefit of Adani Power, Tata Power and Essar Power, avoided premature deaths is estimated to be Rs which have offered to sell 51% stake for a token 8,88,038 crore during 2015 to 2030. Further costs sum of Rs1 to govt. avoided due to reduction in Respiratory Hospital Admissions (RHA) and Work Loss Centre is mulling better rates for new projects Days (WLD) was estimated to be Rs 74,184 (where financial closure is yet to be achieved) crore. The total health benefit was monetized to and different rates for generation and be Rs 9,62,222 crore by 2030. transmission projects in order to attract investments and to create adequate capacity. According to the study, in case India is These incentives are going to be enabled for the successful in meeting the standards, over tariff period from April 1, 2019 to March 31, 3,20,000 premature loss of lives, 52 million 2024. Respiratory Hospital Admissions and 126 million Work Loss Days (WLD) can be avoided till 2030. Institute for Energy Economics & Financial Analysis (IEEFA) recent report show India Power Transmission Statistic resource rich states, namely: Gujarat, Rajasthan, Andhra Pradesh, Himachal Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu, and International Exchange of Power with Maharashtra. It includes the strengthening of intra-state and inter-state transmission systems neighboring countries and the establishment of renewable energy management centers (REMCs). The inter-state 600 transmission system and REMCs are being 400 implemented by the POWERGRID. The project includes about 3200 circuit kilometers (ckms) of 200 line and six substations totaling 18,000 MVA, to 0 be completed by May 2019. -200 Key Measures Taken to Check Grid Outages -400 and Power Swings -600 Export/ImportfromCountries The operation of the power grids in the -800 country and its monitoring are governed by the Indian Electricity Grid Bhutan Nepal Bangladesh Myanmar Code (IEGC) issued by Central Electricity Regulatory Commission (CERC). Accordingly, the operation of Note: (-) shows Power Export while (+) the regional grids is supervised by the shows Power Import respective Regional Load Dispatch Centers (RLDCs) whereas overall operation of the inter-regional grid is supervised by the National Load News Dispatch Centre (NLDC). This includes operational measures to avoid any grid outage, on real time basis. Power Grid Corporation posted over nine per In cases of sudden disturbances which cent rise in standalone net profit to Rs 2,240.54 have potential to disturb prevailing load Crore for the first quarter. generation balance or which could result in overloading of some Power Minister stated that connectivity between transmission corridors, Special the southern grid and the power grids of other Protection Schemes (SPS) have been provided on case to case basis to avoid regions are adequate to meet the power cascade tripping and to ensure faster transmission requirements between Tamil Nadu restoration of the electrical system. and other states. In monthly meetings of Regional Power Committees (RPCs), the outage Green Energy Corridors have been planned to planning of inter-state and interregional facilitate the integration of large scale renewable transmission elements are discussed and generation capacity in eight renewable energy finalized in consultation with RLDCs / The NRSS-29 is one of the largest private sector NLDC. transmission project awarded in the country. The requisite protection to avoid the unwarranted tripping on lines due to GE Power announced it has commissioned the power swings has been deployed in all 1st phase of the world’s largest Wide Area five regional electricity grids. Monitoring System (WAMS) for Power Grid Corporation of India Ltd (PGCIL) for the Four months ahead of the schedule, the Northern Grid in India. Goliwada 400/200/11 power substation of the Kaleshwaram project was commissioned on July The project is part of the around $52.2 million 19, 2018. The power substation would facilitate contract awarded to GE T&D in January 2014 to supply of 1,000 MW to the three pump houses install WAMS across all five regional grids of which will be made operational soon. north, south, east, west and northeast India. The company has commissioned 1st phase of the In a press release Sterlite Power CEO stated that project. NRSS-29, which connects the northern grid to Jammu and Kashmir, is ready to be When fully commissioned, this new WAMS commissioned. The project would enable power solution will be the world’s largest comprising transfer of 1,000 MW to the valley, thus 1,184 Phasor Measurement Units (PMUs) and 34 increasing the grid capacity by 70 per cent. control centers across India, 350 substations in the national grid. The project has been completed except for a 600- metre minor section in the Khansahib area. Power Distribution Statistics Aadhaar-linked direct benefit transfer mechanism for providing subsidised power to agriculture sector and poor households would Average AT&C Losses of Country- 18.75% check pilferage in power distribution ACS- ARR Gap- INR 0.22/ unit and Listing of discoms would bring in transparency in their operations and also force Smart Meter status them to become more efficient. Phases Target Progress % target Consumers achieved BEST is set to replace three lakh electricity Phase I: 5712803 178412 3.12% meters of low-end residential consumers and Above one lakh high-end users in the island city with 500 units hi-tech smart meters. per month The first set of meters will be installed in Phase II: 18394726 185338 1.01% Colaba-Cuffe Parade and will subsequently be Between 200 to 500 installed in phases in other parts of the island units per city. month 50.4 lakh BPL homes given free electricity connections in FY18, says government. Uttar News Pradesh, Bihar and Madhya Pradesh were the largest beneficiaries. Cumulatively, 3.1 crore BPL households have been provided free power MP government waives INR 5179 Crore power connections till June 2018. dues of poor and announced implementation of Power Minister stated that the government is fixed tariff scheme (@ Rs.
Load more

Recommended publications
  • Government of India Ministry of New and Renewable Energy Lok Sabha Unstarred Question No-1538
    GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY LOK SABHA UNSTARRED QUESTION NO-1538 TO BE ANSWERED ON-26.07.2018 SOLAR PARK SCHEME 1538. SHRI GEORGE BAKER SHRI PARBHUBHAI NAGARBHAI VASAVA SHRI ANIL SHIROLE Will the Minister of NEW AND RENEWABLE ENERGY be pleased to state:- (a) the salient features of the Solar Park Scheme; (b) the details of the funds sanctioned, allocated and utilised for the setting up of these parks during the last three years and the current year across the country, State/UT-wise including Gujarat, Maharashtra and West Bengal; (c) the details of the number of solar parks approved and set up/in progress during the above-mentioned period across the country, State/UT-wise including Gujarat, Maharashtra and West Bengal; (d) the details of the target set and achievements made under this scheme so far; (e) the percentage of clean energy generated by these parks so far across the country, State/UT-wise; and (f) whether the Government has faced any difficulty in some of the States with regard to setting up of these parks after approval and if so, the details thereof and the reasons therefor along with the action taken by the Government in this regard? ANSWER THE MINISTER OF STATE FOR NEW & RENEWABLE ENERGY AND POWER (I/C) (SHRI R.K. SINGH) (a) The salient features of the Solar Park Scheme are given at Annexure-I. (b) The State/UT-wise details of the funds sanctioned for setting up of Solar parks during last three years and the current year are given at Annexure-II.
    [Show full text]
  • Download Pdf of Monthly RE Update February 2021
    monthly update February 2021 Lead Sponsors Delivering true value 丨 Higher power, lower LCOE Shaping the future. Once again. www.longi-solar.com Delivering true value 丨 Higher power, lower LCOE Shaping the future. Once again. www.longi-solar.com Contents 1. Tenders | 5 New RFS Issued | 5 Re-Tendered | 8 Date extension | 8 Auctions Completed | 9 2. Installed Capacity | 10 3. Investments/ Deals | 13 4. Monthly Import-Export Statistics | 15 5. Module Price Trends | 16 6. Policy and Regulation | 17 4 1. Tenders New RFS • About 1046 MW of renewable tenders were issued in February 2021 Issued • Auctions were completed for 6895 MW of solar projects. Maximum capacity of 3150 MW was won by Adani alone. Fig 1.1: Details of new tenders issued in February 2021 NTPC, 300 MW, Solar, Gujarat 5000 UPNEDA, 275 MW, Solar, Uttar Pradesh KSEB, 200 MW, Rooftop Solar, Kerala CESL, 100 MW, Solar, Maharashtra EESL, 70 MW, Solar Power Project, Goa NHPC, 25 MW, Floating Solar, Madhya Pradesh APGCL, 25 MW, Solar, Namrup Thermal Station, Assam TSCL, 20 MW, Floating Solar, Karnataka BHEL, 10 MW, Solar, (WBSEDCL) West Bengal HPGCL, 10 MW, Solar, Jhajjar, Haryana, Feb 2021 WBREDA, 9.9 MW, Rooftop Solar, West Bengal JREDA, 7 MW, Rooftop Solar, Jharkhand HPGCL, 6 MW, Solar, Chandpur, Faridabad, Haryana WBPDCL, 5 MW, Floating Solar, West Bengal NOIDA, 2.6 MW, Rooftop Solar NVVNL, 2 MW, Solar, Agartala Airport, Tripura CCMC, 2MW. Solar, Tamil Nadu TANGEDCO, 1MW, Solar, Tamil Nadu MES, 1 MW, Solar Power Plant, Hisar, Haryana 0 100 200 300 apacity M Source: JMK Research
    [Show full text]
  • Solar Is Driving a Global Shift in Electricity Markets
    SOLAR IS DRIVING A GLOBAL SHIFT IN ELECTRICITY MARKETS Rapid Cost Deflation and Broad Gains in Scale May 2018 Tim Buckley, Director of Energy Finance Studies, Australasia ([email protected]) and Kashish Shah, Research Associate ([email protected]) Table of Contents Executive Summary ......................................................................................................... 2 1. World’s Largest Operational Utility-Scale Solar Projects ........................................... 4 1.1 World’s Largest Utility-Scale Solar Projects Under Construction ............................ 8 1.2 India’s Largest Utility-Scale Solar Projects Under Development .......................... 13 2. World’s Largest Concentrated Solar Power Projects ............................................... 18 3. Floating Solar Projects ................................................................................................ 23 4. Rooftop Solar Projects ................................................................................................ 27 5. Solar PV With Storage ................................................................................................. 31 6. Corporate PPAs .......................................................................................................... 39 7. Top Renewable Energy Utilities ................................................................................. 44 8. Top Solar Module Manufacturers .............................................................................. 49 Conclusion .....................................................................................................................
    [Show full text]
  • Renewable Energy
    Renewable Energy January 2021 For updated information, please visit www.ibef.org Table of Contents Executive Summary 3 Advantage India 4 Market Overview and Trends 6 Strategies Adopted 12 Growth Drivers 14 Opportunities 20 Key Industry Contacts 24 Appendix 26 2 Executive summary Immense growth Ambitious targets • In 2018, the Government of India potential has set an ambitious target of • India has low conventional energy achieving 227 GW of renewable resources compared to its required energy capacity by 2022 and 275 energy needs driven by huge population GW by 2027. These include adding and rapidly increasing economy. But 114 GW of solar capacity, 67 GW of India can harness the huge potential of wind power and 31 GW of floating solar energy as it receives sunshine solar and offshore wind capacity by most of the year. It also has vast 2022. potential in hydro power sector which is • Government plans to establish being explored across states in the renewable energy capacity of 500 northeast. GW by 2030. • As of November 2020, India had 90.39 GW of renewable energy capacity, including 36.91 GW from solar and Increasing 38.43 GW from wind power. • India is the only country, among the investment G20 countries, which is on track to achieve its targets under the Paris • The renewable energy space in Agreement. India has become highly attractive • India plans to add 30 GW of renewable for investors and received FDI energy capacity along the desert on its inflows of US$ 9.68 billion between western borders of Gujarat and April 2000 and September 2020.
    [Show full text]
  • Government of India Ministry of New and Renewable Energy Lok Sabha Unstarred Question No-479 to Be Answered On-13.12.2018 Solar
    GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY LOK SABHA UNSTARRED QUESTION NO-479 TO BE ANSWERED ON-13.12.2018 SOLAR PARK SCHEME 479. SHRI PARBHUBHAI NAGARBHAI VASAVA SHRI GEORGE BAKER SHRI ANIL SHIROLE Will the Minister of NEW AND RENEWABLE ENERGY be pleased to state:- (a) the salient features of the Solar Park Scheme; (b) the details of the funds sanctioned, allocated and utilised for setting up these parks during the last three years and the current year across the country, State/ UT-wise including West Bengal; (c) the details of the number of solar parks approved and set up /in progress during the above- mentioned period across the country, State/UT-wise including West Bengal; (d) the details of the target set and achievements made under this scheme so far; (e) the details of the percentage of clean energy generated by these parks so far across the country, State/UT-wise including West Bengal; and (f) whether the Government has faced any difficulty in some of the States specially in West Bengal with regard to set up these parks after approval, if so, the details thereof and the reasons therefor along with the action taken by the Government in this regard? ANSWER THE MINISTER OF STATE FOR NEW & RENEWABLE ENERGY AND POWER (I/C) (SHRI R.K. SINGH) (a) The salient features of Solar Park Scheme are given at Annexure-I. (b) The State/UT-wise details of funds sanctioned and utilised through Solar Energy Corporation of India (SECI) for setting up of solar parks in the country including West Bengal during last three years and current year are given at Annexure-II.
    [Show full text]
  • Renewable Energy Target
    STANDING COMMITTEE ON ENERGY 17 (2020 -21) SEVENTEENTH LOK SABHA MINISTRY OF NEW AND RENEWABLE ENERGY ACTION PLAN FOR ACHIEVEMENT OF 175 GIGAWATT (GW) RENEWABLE ENERGY TARGET SEVENTEENTH REPORT LOK SABHA SECRETARIAT NEW DELHI March, 2021/Phalguna, 1942 (Saka) SEVENTEENTH REPORT STANDING COMMITTEE ON ENERGY (2020-21) (SEVENTEENTH LOK SABHA) MINISTRY OF NEW AND RENEWABLE ENERGY ACTION PLAN FOR ACHIEVEMENT OF 175 GIGAWATT (GW) RENEWABLE ENERGY TARGET Presented to Lok Sabha on 19th March, 2021 Laid in Rajya Sabha on 19th March, 2021 LOK SABHA SECRETARIAT NEW DELHI March, 2021/Phalguna, 1942 (Saka) 2 COE NO. 332 Price: Rs................... ©2021 by Lok Sabha Secretariat Published under Rule 382 of the Rules of Procedure and Conduct of Business in Lok Sabha (Sixteenth Edition) and Printed by__________. 3 CONTENTS Page No. Composition of the Committee (2020-21) 5 Composition of the Committee (2019-20) 6 Introduction 7 List of abbreviation 8 Part –I Narration Analysis I Introductory 10 II Solar Power 13 III Wind Power 44 IV Biomass and Small Hydro Power 52 V Domestic Manufacturing in Renewable Energy Sector 61 VI Green Energy Corridor 67 VII Financial Challenges in the Renewable Energy Sector 70 Part-II 79 Recommendations/Observations of the Committee Annexures I State and Union territory wise Potential of Renewable Energy 98 II State and Union territory wise Installed capacity of Grid Interactive 99 Renewable Power III State and Union territory wise list of sanctioned Solar Parks 100 IV State-wise expenditure details regarding Off-grid and
    [Show full text]
  • Current Status of Solar Energy Potential and Future Energy of India: an Overview Mr
    IJARSCT ISSN (Online) 2581-9429 International Journal of Advanced Research in Science, Communication and Technology (IJARSCT) Volume 5, Issue 1, May 2021 Impact Factor: 4.819 Current Status of Solar Energy Potential and Future Energy of India: An Overview Mr. Santosh Vitthal Kadam Workshop Superintendent, Department of Mechanical Engineering Bharati Vidyapeeth Institute of Technology, Navi Mumbai Abstract: India was ranked fifth in wind power, fifth in solar power and fourth in renewable power installed capacity, as of 2019.As India looks to meet its energy demand on its own, which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role. The government is aiming to achieve 227 GW of renewable energy capacity (including 114 GW of solar capacity addition and 67 GW of wind power capacity) by 2022. Keywords: Solar Energy, Solar policy and Renewable policy in India, policy; management. I. INTRODUCTION Indian renewable energy sector is the fourth most attractive renewable energy market in the world. India was ranked fifth in wind power, fifth in solar power and fourth in renewable power installed capacity, as of 2019. Installed renewable power generation capacity has gained pace over the past few years, posting a CAGR of 17.33% between FY16-20. With the increased support of Government and improved economics, the sector has become attractive from investors perspective. As India looks to meet its energy demand on its own, which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role. The government is aiming to achieve 227 GW of renewable energy capacity (including 114 GW of solar capacity addition and 67 GW of wind power capacity) by 2022, more than its 175 GW target as per the Paris Agreement.
    [Show full text]
  • India's Utility-Scale Solar Parks a Global Success Story
    1 Kashish Shah, Research Analyst May 2020 India’s Utility-Scale Solar Parks a Global Success Story India Is Home to the World’s Largest Utility-Scale Solar Installations Executive Summary Renewable energy in India has taken centre-stage when it comes to the significant development of energy infrastructure required to achieve India’s economic goals. In 2016, the Indian government set a giant target of 175 gigawatts (GW) of renewable energy by financial year (FY) 2021/22 and 275GW by FY2026/27 to transform the power sector from an expensive, unreliable, and polluting fossil-fuels based system into a low-cost, reliable and low-emission system based on renewable energy. In February 2019, the target was upgraded to 450GW by 2030 as per the Central Electricity Authority’s latest draft report on ‘optimal generation capacity mix for 2030’.1 India’s electricity sector transition had a promising start, driven by deflationary momentum in the cost of solar and wind energy generation equipment, cheaper financing and a favourable policy environment. As of March 2020, India’s on-grid renewable energy capacity stood at 87GW. Of the 30GW of renewable energy A promising start, capacity installed since the beginning of driven by deflationary FY2017/18 coupled with an additional 50GW awarded to date, more than 90% momentum in the cost has been contracted at tariffs ranging of solar and wind energy between Rs2.43-2.80/kilowatt hour generation equipment. (kWh) (~US$35-40/MWh) with zero indexation for 25 years. This is 60-70% 1 CEA. Draft report on optimal generation capacity mix for 2030.
    [Show full text]
  • India Solar Compass 2019 Q3
    INDIA SOLAR COMPASS 2019 Q3 Dire straits Sentiment gets worse as policy uncertainty and financing woes mount © BRIDGE TO INDIA, 2018 Page 1 C 8/5, DLF Phase I © 2019 BRIDGE TO INDIA Energy Private Limited Gurgaon 122001 India Authors www.bridgetoindia.com Sai Siddhartha Nandamuri, BRIDGE TO INDIA Subscribe to our reports Shobhit Srivastava, BRIDGE TO INDIA [email protected] Vinay Rustagi, BRIDGE TO INDIA For all other enquiries, please contact TERMS OF USE [email protected] This report is owned exclusively by BRIDGE TO INDIA and is protected by Indian copyright, international copyright and intellectual property laws. Track the Indian RE market with our reports and blog BRIDGE TO INDIA hereby grants the user a personal, non-exclusive, non- www.bridgetoindia.com/reports transferable license to use the report pursuant to the terms and conditions of this agreement. The user cannot engage in any unauthorized use, reproduction, distribution, publication or electronic transmission of this report or the information/forecasts therein without the express written permission of BRIDGE TO INDIA. The information contained in this report is of a general nature and is not intended to address the requirements of any particular individual or entity. BRIDGE TO INDIA aims to provide accurate and up-to-date information, but is not legally liable for accuracy or completeness of such information. © BRIDGE TO INDIA, 2019 This report is for use only by authorised, paying subscribers of BRIDGE TO INDIA Energy Private Limited. Unauthorised use, reproduction, production, distribution and transmission of this report is expressly not permitted. Contents Executive summary 1 1.
    [Show full text]
  • Roads & Highways Sector Undergoing
    THE COMPLETE ENERGY SECTOR MAGAZINE FOR POLICY & DECISION MAKERS VOLUME 8 | ISSUE 10 | DECEMBER 2019 | `500 ROADS & HIGHWAYS SECTOR UNDERGOING MAJOR TRANSFORMATION DUE TO POLICY CHANGE AND NEWER INITIATIVES DRIVING GROWTH InFocus: FUTURE OF ELECTRICITY INDUSTRY Special Feature: THE SIGNIFICANCE OF THE TOLL- OPERATE-TRANSFER MODEL IN THE LIGHT OF RECENT BIDS AND INVESTOR RESPONSE Mr. Shubham Jain, Senior Vice-President & Group Head, ICRA www.Infraline.com “INFRALINE Energy sector value chain. INFRALINE Energy Database Reports & Research & INFRALINE ENERGY ENERGY sector Exclusive INFRALINE Plus VERTICALS Magazine Conferences & INFRALINE White Seminars Papers INFRALINE Projects’ Key Highlights of our Database Power Sector Coal Sector Oil & Gas Sector Roadways Sector Oil & Gas Techno-Global Database Renewable Energy Sector Market Trends and advancement in the Global Oil & Gas arena across 50+ countries energy power plants 700+ clients | Fortune 500 companies | Serving Energy Sector since, Year 2000 For Priority Business: Rajesh Singh Panwar | Country Head – Business Solu�ons Follow us: Tel: +91-120-6799160 (D) | +91-9711786999 (M) | Fax: +91-120-6799101 Email: [email protected] | www.infraline.com Follow us: Publisher’S NOTE here’s finally some respite from the catastrophic smog that had recently enveloped the city, plunging it into a deep abyss of suffocation and despair. However, the lingering Tuneasiness and discomfort in the atmosphere (both physical and metaphorical) makes us all wonder if there was ever a time in the city’s ‘climatic history’ where there was no pollution and the air available for breathing was clean and clear. Thus, as the city comes out of this (phase of) disastrous atmospheric hangover, the country, EDITORIAL at large, is entering a critical phase of connectivity across its length and breadth through Publisher & Editor-in-chief massive expansion under the Bharatmala scheme.
    [Show full text]
  • SOLAR IS DRIVING a GLOBAL SHIFT in ELECTRICITY MARKETS Rapid Cost Deflation and Broad Gains in Scale May 2018
    SOLAR IS DRIVING A GLOBAL SHIFT IN ELECTRICITY MARKETS Rapid Cost Deflation and Broad Gains in Scale May 2018 Tim Buckley, Director of Energy Finance Studies, Australasia ([email protected]) and Kashish Shah, Research Associate ([email protected]) Table of Contents Executive Summary ......................................................................................................... 2 1. World’s Largest Operational Utility-Scale Solar Projects ........................................... 4 1.1 World’s Largest Utility-Scale Solar Projects Under Construction ............................ 8 1.2 India’s Largest Utility-Scale Solar Projects Under Development .......................... 13 2. World’s Largest Concentrated Solar Power Projects ............................................... 18 4. Rooftop Solar Projects ................................................................................................ 27 5. Solar PV With Storage ................................................................................................. 31 6. Corporate PPAs .......................................................................................................... 39 7. Top Renewable Energy Utilities ................................................................................. 44 8. Top Solar Module Manufacturers .............................................................................. 49 Conclusion ...................................................................................................................... 50 Appendix: Videoclips
    [Show full text]
  • Capital Flows Underpinning India's Energy Transformation
    Tim Buckley, Director Energy Finance Studies 1 Saurabh Trivedi, Research Analyst February 2021 Capital Flows Underpinning India’s Energy Transformation Global Capital Is Primed and Ready Executive Summary With India recording an 18% year-on-year decline to a new record low solar tariff of Rs1.99/kWh with zero inflation indexation – which translates into a levelised cost of energy (LCOE) of below Rs1.30/kWh – solar continues on its strongly deflationary trajectory. Even the pandemic is unable to stop this momentum, with solar module costs dropping 20% year-on-year. Hero Future Energies CEO Sunil Jain forecasts that Indian solar will likely reach just Rs1.00/kWh by 2030, delivering India massive energy security and deflation benefits, while also helping to address the need for sustainable growth. While ongoing economies of scale and technology improvements are driving double digit annual cost reductions in solar modules, the solar deflation of 2020 was equally driven by dramatically lower interest rates – with long term OECD rates hitting six-decade lows of just 0-1%. This in turn is driving global capital managers to seek out higher return opportunities, and the US$500bn electricity infrastructure opportunity presented by India offers this in spades. Backed by clarity, transparency and relative stability of government energy and climate policy under Prime Minister Narendra Modi, the offer of 25-year power purchase agreements at scale, secured by a central government sovereign guarantee, is mobilising a huge global capital pool. Whilst 2020 saw economic setbacks in India, the year also saw significant capacity building in the renewable and grid infrastructure sectors, with a deepening of the engineering, procurement and construction (EPC), management and financing capacity across India which will likely pay dividends in 2021 and beyond.
    [Show full text]