Giving Teeth to India-s Wind-Solar Hybrid Policy
Although the industry has generally welcomed the newly-enunciated Wind-Solar Hybrid Policy, review of its certain aspects may be necessitated on the back of some serious concerns
Despite a good talent pool, India lacks R&D in battery cells manufacturing
In an interview with POWER TODAY, Dr Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), recommends that India must actively pursue bilateral agreements with rare Earth-rich nations, besides exploring such materials on its own territory to successfully meet the requirements of the emerging energy storage industry.
Towards the Grid of the Future
New technologies drive traditional utilities to redefine traditional approaches to operations. While micro-grids and other Distributed Energy Resources (DER) play a significant role in lighting up India's rural communities, supporting initiatives such as Saubhagya also play a valuable part in the development of India's smart grid of the future.
Solar sector bottlenecks may hamper job growth
In India, the solar industry has created 416,000 jobs in 2015 and 1,017,800 jobs are expected to be created by 2022. New projects, more investment, policies like Surya Mitra Skill Development and encouragement from the government will create more job opportunities.
Globally, RE employed 0.4 million people in 2017
The Government of India has ambitious plans of increasing the percentage of RE in the energy mix of the country. India's target is to achieve 175 GW generation capacity by 2022.
Solar's 1 million job bonanza
From a perennially energy-deficient state with a peak shortage of 14 per cent in 2010 to a peak shortage of less than one per cent in 2018, India has moved miles from the days of energy blackouts and frequent power cuts.
Solar sector to show spiralling growth in India
By 2022, about 175 GW installed capacity of renewable energy is to be achieved, which includes 100 GW from solar power. India will turn into a renewable energy hub by achieving this target.
The government must address uncertainties
The solar landscape in India is still marred with challenges that hamper the achievement of the target set for 2022, says MR Rajesh, Director, Power-One Micro Systems.
In Need of Back-Up
In June 2018, the government has revised the targets for 2022 to increase the solar power capacity to 113 GW from the earlier set 100 GW. Though the industry has the capability to meet this, it is fighting policy-level challenges.