The sanctioning of a tendering scheme for 2.5GW of hybrid wind and solar capacity in India, to be allocated through a transparent bidding process, has been branded as “the right step”, by consultancy firm Bridge to India.
Bidding in the Indian solar industry has been deemed irrationally aggressive by 70% of CEOs responding to a survey from consultancy firm Bridge to India, however, sentiment remains upbeat about growth prospects and the overall industry.
UPDATED: India’s Ministry of New & Renewable Energy has released its ‘National Wind-Solar Hybrid Policy’ seeking to encourage hybridisation of projects due to the benefits they offer for grid integration.
Israel-headquartered SolarEdge launched a software platform for aggregating household energy storage units - and other distributed energy equipment - into virtual power plants, last week. The company’s solution has already been chosen for a VPP project in Australia by AGL, one of the country’s biggest utilities. The commercial launch of the VPP platform direct to customers is now underway. Energy-Storage.News editor Andy Colthorpe spoke with Lior Handelsman, one of SolarEdge’s founders and vice president of marketing and product strategy.
Every village in India now has some form of access to electricity whether it be through an on or off-grid solution, according to prime minister Narendra Modi, however, there are still millions of households across India, both urban and rural, without access to electricity.
China’s National Energy Administration (NEA) has called on local governments to ease burdens on the renewable energy sector with a range of measures including the “strict implementation”of a guarantee for signing power purchase agreements (PPAs).
New Jersey is the latest US state to set itself targets for the deployment of energy storage, with newly passed legislation calling for 600MW of the technology within three years.
French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.
