New Energy Policy to Be Finalised Shortly
The centre is in the process of shortly finalising an energy policy for the country a senior official of the government think tank NITI Aayog informed at an energy storage event in New Delhi on Tuesday.
"Hybrid policy would benefit the RE target"
According to Badrinarayanan Thirumalai, Head of Business-Solar, Anchor Electricals (A Panasonic Group Company), at the moment only big players can participate in the utility scale hybrid policy.
Elecrama 2018 was not merely an exhibition. It reflected the industry sentiment. Looking at the numbers- Rs 65 billion of business queries generated, footfall of around 298,000 and 1,200 exhibitors-it seems all is well with the power sector.
Storage to the Rescue
India has been witnessing an increase in renewable power installed over the last few years. Globally India is the fastest growing electricity sector, and with increase in penetration of renewable energy sources into the distribution system, it has become indispensable to incorporate large scale integration of energy storage, which gives us the flexibility to quickly ramp up supply.
Solar has many unique attributes which make it a preferred source of power, particularly in India, a densely populated country with a high energy deficit - where it can be rapidly deployed across most parts of the country, due to its modular nature and by virtue of it being environment friendly.
Anchor Electricals to expand Panasonic LED portfolio
Anchor Electricals (A Panasonic Group Company) announced the launch of its brand new Panasonic LED Luminaries for the Indian market. This latest offering from Panasonic now extends its range of products to the hospitality, industrial and outdoor segments; expanding its folio in the architectural and commercial luminaires space.
Manish Sharma has been promoted to the position of Executive Officer of Panasonic Corporation and President And CEO of Panasonic India And South Asia, from his most recent role as Managing Director, India. He is the first Indian and the youngest ever to become an executive officer of the corporation.