The report released by India Ratings and Research (Ind-Ra) says that solar power is likely to become cheaper and will reach the level of the conventional thermal energy prices over the next two-three years. The report reveals that the price correction will be determined by a decline in capital costs – solar modules and plant, an increase in efficiency, a shift towards large solar photovoltaic projects leading to the economies of scale and lower return expectations by developers.
Andhra Pradesh Eastern Power Distribution Corporation Limited had organised a three-day solar expo at Viswapriya Function Hall wherein electrical and mechanical engineers from 18 colleges came forward with projects and presentations on rooftop-based solar solutions such as creating a separate DC micro grid for uploading of solar energy generated.
Denmark-based Grundfos is all set to launch an intelligent water dispensing system called AQpure and AQtap in India that accepts “WaterCard” like an ATM and converts raw water into potable for consumers.
With an aim to minimise its carbon footprint, Tata Steel has announced to set up a 22 MW solar PV rooftop system atop factory roofs in the Netherlands which is going to be one of the biggest projects of its kind.
SunEdison Inc., the largest global renewable energy development company has successfully commissioned 8 solar systems for India’s Delhi Metro Rail Corporation (DMRC) that are built on the roofs of the stations and depot.
Head of Solar Business at Tata International, Anjan Ghosh has announced that company’s solar division plans to expand business from 400 MW to 1,200 MW in the next three years by offering services such as better designs and EPC capabilities to clients.