In a major boost for the Indian solar module and cell manufacturers, Energy Efficiency Services Limited recently acquired 300 megawatts of modules for multiple uses. The order has come at a time when Indian manufacturers await a decision by the government to levy anti-dumping duties on Chinese modules.
One of India’s leading conglomerates, Adani Enterprises, has announced plans to demerge the company’s renewable energy arm and list it at the stock exchanges.
Intense competition and few alternatives seem to have pushed the wind energy tariff bids in India to record lows.
Stung by sharply rising competition, renegotiations on power purchase agreements and the refusal of offtake by utilities is pushing Indian solar power developers to international markets.
Lawmakers of the Indian state of Tamil Nadu recently revealed that they are negotiating with at least one solar project developer to reduce tariffs. This could trigger a bad precedent across India as bids for new solar projects continue to decline rapidly.
The long-proposed and highly unpopular Adani Carmichael coal mine in Australia’s north-east has been given the go-ahead by the Adani Group’s board.
A joint venture between SoftBank, Foxconn Technologies and Bharti Enterprises has received a huge boost in its standing in the rapidly growing Indian solar power market.
Increasing the number of coal mines will only increase the level of global poverty stemming from the consequences of increased climate change and the direct impact coal mining and burning has on local communities.
A proposal from struggling Indian multinational Adani Group to develop a new coal mine in Australia’s north-east is becoming increasingly difficult to justify, not least because Adani is unlikely to be able to contribute much in the way of equity for the $5 billion project.
The Kamuthi solar farm produces 648 megawatts of electricity but here is the astonishing part. It was completed in just 8 months. Not only is solar power inexpensive and getting cheaper, a complete solar installation can be completed in the shortest possible time — a critical factor for countries like India where large portions of the population have no access to reliable electrical energy.
