India to offer $640 million in incentives to solar manufacturers
Through the incentive scheme, the Indian government hopes to attract investment for 10 gigawatts of solar ingot-to-module capacity by 2023.
Through the incentive scheme, the Indian government hopes to attract investment for 10 gigawatts of solar ingot-to-module capacity by 2023.
Energy think tank Ember reports that the share of coal-based electricity in India has been on the decline since 2018.
Solar power currently makes up just 4% of the nation’s power supply, but it is set to grow 18-fold and become the new “king of India’s generation fleet” by at least 2040.
Anthill Creations specializes in affordable play spaces that are sustainably constructed with a combination of local waste materials and materials donated from companies such as Michelin and Apollo Tire.
Each new sustainable building tile contains at least 70 percent waste material and is the equivalent of cleaning 30,000 liters of air, the company website said.
The latest bid is sharply lower than the previous record bid of 3.21¢ per kilowatt-hour realized in June of this year.
For perspective, that is almost as much solar as is currently installed in the entire United States.
Uber, Ola, and other app-based ride-sharing services in India will now be able to charge only up to 20% commission on ride fares. That means drivers will receive 80% of the ride fare, decreasing what has commonly assumed to be Uber’s 26% commission.
The incentive is available to Indian as well as foreign companies looking to set up shop in India. The Indian government will offer US$605 million for solar PV modules and US$2.4 billion for batteries.
In 2019, the levels of anthropogenic SO2 emissions fell worldwide by 6%. In only the second time ever, SO2 emissions fell in all three of the countries most responsible for emitting it: China, India, and Russia.