India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather.
Freak climatic conditions are damaging renewable energy projects, threatening a business which survives on wafer-thin margins. A storm in Rajasthan, known for its deserts and sunny days, tore through a solar park and blew away modules of various developers. In the adjoining state of Madhya Pradesh, a generator found sections of his project submerged in 10 feet of water due to unseasonal rains.
“We’d done a study of 50-year pattern of water-flow in the area and this time it exceeded that pattern,” said Manu Srivastava, the chairman of Rewa Ultra Mega Solar Ltd, a joint venture between state-owned Solar Energy Corp. Read More
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