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State ranks fourth in country in terms of installed capacity
Though Maharashtra ranks fourth in the country in terms of installed capacity of renewable energy, the State Economic Survey 2020-21 showed it had failed to tap even 50% of its potential capacity.
According to the report, Maharashtra has a potential capacity of 21,250 MW and as on November 30, 2020, the installed capacity was 9,817 MW.
The report said, “The GoM has adopted the policy of achieving the target of renewable purchase obligation up to 15% in line with GoI. Accordingly, policies have been announced for grid connected electricity generation through renewable energy sources. The State ranks fourth in India after Karnataka (15,315 MW), Tamil Nadu (14,827 MW) and Gujarat (11,826 MW) in terms of installed capacity of renewable energy.”
3 March 2021
Australian technology company Power Ledger’s blockchain-enabled technology is behind the first live solar energy trading project in Delhi, India, which began operation this week, in collaboration with leading Indian energy utility Tata Power and India Smart Grid Forum.
Power Ledger’s blockchain-enabled technology is facilitating peer-to-peer (P2P) trading of electricity from over 2MW worth of solar PV between 65 prosumers and 75 consumers in India’s capital of Delhi, comprising of 140 buildings and counting.
About 150 sites including Tata Power’s locations as well as their actual customers with solar generation will use the P2P trading platform to sell their excess electricity to other residential and commercial sites in a dynamic pricing environment.