Staff Reporter

It will look into the development of a 1.2GW solar capacity in Indonesia.

The joint venture will operate under the brand Solar Radiance.

This is to support the increasing demand, according to Wood Mackenzie.

Its annual capacity additions averaged only 500MW annually in the last five years.

IndianOil Corporation’s frontline teams of retail, aviation, and LPG officers ensured seamless business continuity with the provision of essential fuels across the nation during peak pandemic times.

The company has launched the nation’s first 100 octane petrol helping the country join a select league of nations globally that has such superior quality fuel. 

The joint venture is expected to start operations in the first half of 2022.

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The product will allow coverage of consequential loss due to damages on property during PV installation.

Over 58% agreed the sector will attract the bulk of investments in Asia.

About 44.6% of surveyed firms in Asia said so.

A 25% rate on solar cells and 40% on solar modules will be introduced by April.

24.6% cited it as the most challenging issue in the electric industry, a drop from 37.1% in 2020.

Around 35% said renewable integration is the top challenge for the industry. 

Meanwhile, 51.4% believe that the answer is in retiring fossil-fuel generation. 

43.9% agree that policy debates serve as a hurdle in grid operations.