Powering RE with flexibility
30 September 2024 | BRIDGE TO INDIA
Renewable energy (RE) procurement has advanced from pure solar and wind to hybrids and now Firm and Dispatchable RE (FDRE), which combines solar and wind energy sources with energy storage, enabling procurement in more flexible manner.
Giving solar cells the ALMM boost
26 September 2024 | BRIDGE TO INDIA
The draft amendment to the Approved List of Models and Manufacturers (ALMM) Order issued by the Ministry of New and Renewable Energy (MNRE) will help boost domestic manufacturing of solar photovoltaic (PV) cells substantially in years to come…
Not captivating enough
21 September 2024 | BRIDGE TO INDIA
Captive power plants (CPPs) are established alternative to the national grid for domestic industries looking to optimise costs and ensure continuous supply.
Between fiscals 2019 and 2023, while India’s electricity requirement grew by 15% from 1,581 terrawatt hours (TWh) to 1,824 TWh, consumption via CPPs rose faster at 25% to 318 TWh…
The PSP boost to renewable energy
13 September 2024 | BRIDGE TO INDIA
India’s rapid transition to renewable energy has made energy storage a crucial component for grid stability and integration of intermittent renewable energy sources into the grid. Pumped hydro storage (PHS) offers a flexible and efficient long-duration energy storage solution, essential for the country’s…
Recent reports
India PV Module Intelligence Brief | Q2 2024
This report encapsulates quarterly trends in module demand and supply, import and domestic production volumes, supplier market share, break-up by technology and rating, global market scenario, pricing across the value chain, key policy developments and market outlook.
India Corporate Renewable Brief | Q2 2024
This report provides an update on key trends and developments in the corporate renewable market including capacity addition, key players, policy issuances, financing, equipment prices and other market trends.
India Renewable Compass | Q2 2024
This report provides a detailed update of all key sector developments and trends in the quarter – capacity addition, leading players, tenders and policy announcements, equipment prices, financial deals and other market developments. It also provides market outlook for the next two quarters.
Solar glass beaming bright
05 September 2024 | BRIDGE TO INDIA
India’s solar glass market is heating up as recent policy changes, aimed at bolstering domestic production, encourage multiple players to enter the fray.
Among the policy measures, the Ministry of Finance has imposed a 10% basic customs duty (BCD) on import of solar glass effective October 1, 2024, citing sufficient domestic manufacturing capacity in progress. To recall, the anti-dumping duty imposed in 2017 by the government on imports of solar glass…
RE states levying “resource tax”, making it harder on peers
30 August 2024 | BRIDGE TO INDIA
India’s ambitious energy quest risks stumbling on the additional charges being levied by key states on generation of electricity from renewable sources. Rajasthan was the first to impose such a levy, followed by Madhya Pradesh. More recently, Tamil Nadu has announced its own.
Mineral security critical to power growth
22 August 2024 | BRIDGE TO INDIA
Demand for batteries is on the rise due to their widespread application in electronics, electric vehicles, renewable energy integration, data centres and many other sectors. Lithium-ion based batteries dominate the battery energy storage (BES) market due to their high energy density, long cycle life and declining costs…
Solar flare up
14 August 2024 | BRIDGE TO INDIA
Up till the middle of 2023, solar module manufacturers were in a race to expand capacity, buoyed by sunny projections of demand. Then, module prices started declining as four headwinds – excess production, severe competition, technological advancement and falling raw material costs – coalesced, cooking up a perfect storm…
Hybrids powering the renewables ride
12 August 2024 | BRIDGE TO INDIA
India’s renewable energy sector has seen remarkable growth, driven by the government’s ambitious net-zero target, supportive policies and declining technology costs. Also, increased competition is driving down the cost of setting up renewable projects…
Budget gives a leg-up to clean energy
31 July 2024 | BRIDGE TO INDIA
The full Union Budget for this fiscal has provided a much-needed impetus to the clean-energy sector through direct capital support, lower taxation on inputs and policy initiatives for segments that are underperforming, underdeveloped or critical for future power systems. To put this into perspective, the government has allocated Rs 19,100 crore to the Ministry of New and Renewable…
Implementation of resource adequacy policy by all states key to tackle surge in power demand
09 July 2024 | BRIDGE TO INDIA
Prompt implementation of the Resource Adequacy Framework guidelines issued by the Ministry of Power in 2023 by all states is crucial for improving planning and resource management in the power sector. That would ensure a coordinated response to demand variations and enhance the reliability of power supply in the context of estimates that India’s peak power demand could surpass 400 GW by fiscal 2032. Demand hit an all-time high of 250 GW in May 2024, up substantially from 224 GW recorded in summer months (April to June) of 2023, led by soaring summer…
Merchant power, new avenue for renewable energy
02 July 2024 | BRIDGE TO INDIA
The emergence of merchant projects has added a new dimension to the renewable energy market as these offer developers flexibility in navigating the dynamics without long-term commitment. To be sure, the strategy of placing part of a project’s capacity under merchant operations is not new—it has been practised by thermal power plants for years. And now, it is picking up pace in the renewable energy…
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