|

Rajasthan unveils RIPS to boost renewable energy investments

By

The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy.

Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy used in green hydrogen production within Rajasthan, valid for seven years.

Additional incentives include exemptions on transmission and wheeling charges for renewable-integrated storage projects and standalone battery storage systems, fostering green energy development across the state.

Similar Posts

|

Adani Group eyes $900 million power line project in Tanzania

By

The Tanzanian government is negotiating with the Adani Group for a $900 million public-private partnership to build high-voltage power lines. This project follows the group’s earlier success in securing a 30-year concession to operate the main container terminal at the port of Dar es Salaam. The investment is part of Tanzania’s broader push for infrastructural development and foreign investments. In parallel, Tanzania is also in discussions with UK firm Gridworks Development Partners for a $300…

|

Hidden crystal structures unlocked: New avenues for thermoelectrics and solar thermal conversion

By

A research team at Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Bangalore, led by Prof. Kanishka Biswas, has made a groundbreaking discovery where the local crystal structure symmetry decreases with rising temperatures, defying the typical trend of increasing symmetry with heat. This rare phenomenon was observed in the all-inorganic two-dimensional halide perovskite, Cs2PbI2Cl2. The research highlights the significance of local symmetry breaking, termed “emphanisis,” where local atomic distortions increase upon heating, while the global…

|

Indonesia targets $25.2 billion in private investment for green hydrogen by 2060

By

Indonesia is aiming to attract $25.2 billion in private investment for the development of green hydrogen by 2060, according to the Ministry of Industry. This initiative is part of the country’s strategy to prevent an energy crisis in the industrial sector and support its ambitious goal of reducing carbon dioxide (CO2) emissions by 912 million tons by 2030, as reported by Xinhua news agency. Pertamina, Indonesia’s state-owned oil and gas company, is a major player…

|

Saatvik Solar to supply PV modules to L&T for Bihar BESS project

By

Saatvik Solar has secured a contract to supply 213 MW of solar photovoltaic (PV) modules to Larsen & Toubro (L&T) for its 245 MW battery energy storage system (BESS) project in Bihar. The project consists of 185 MW for a grid-connected solar power plant and 45.4 MW for a 4-hour battery storage system in Kajra district. As part of the agreement, Saatvik Solar will provide 545 Wp mono bifacial modules, featuring advanced glass-to-back sheet technology…

|

Amperon launches Asset-Level Renewable Generation Forecasts

By

Amperon, an AI-powered electricity forecasting and analytics services provider in USA, has launched Asset-Level Renewable Generation Forecasts. This service enables renewable energy producers and utilities to view solar generation forecasts at individual site and aggregate levels for improved portfolio management. Each hour’s forecast accuracy is calculated based on the asset’s nameplate capacity, enhancing transparency and accountability. The forecasts provide 15-day solar predictions updated hourly and sub-hourly at 5-minute intervals, helping reduce financial losses from over-scheduling…

|

9 nuclear power reactors under construction, 12 in pipeline

By

Department of Atomic Energy (DAE) has highlighted India’s commitment to expanding its nuclear capabilities, noting that 9 nuclear power reactors with a total capacity of 7,300 MW are under construction, with plans for twelve more reactors underway. A greenfield facility of the Nuclear Fuel Complex (NFC) is being established at Rawatbhata, Kota, Rajasthan. This facility, including the PHWR Fuel Fabrication Facility (PFFF) and Zircaloy Fabrication Facility (ZFF), aims to produce 500 tons per year of…

Leave a Reply

Your email address will not be published. Required fields are marked *