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India witnessed solar power curtailment of 8133 gigawatt-hour during April-June this year as grid could not absorb excess supply during daytime, Minister of State for New & Renewable Energy Shripad Naik said on Tuesday. As per information received from Grid Controller of India Ltd, solar power curtailment and restriction are being carried out to maintain grid security and due to mismatch between commissioning of transmission lines and RE projects, he said in a written reply to the Rajya Sabha. The 8133 GWh solar power curtailment includes 2417 GWh in April, 3,235 GWh in May and 2,481 GWh in June, the minister said. In another reply, he said PM Surya Ghar: Muft Bijli Yojana (PMSG:MBY) is a demand-driven scheme wherein all residential consumers in the country, having a grid-connected electricity connection with local DISCOMs, can avail benefits of the scheme, for installation of rooftop solar systems (RTS) by applying on a national portal. Under the scheme, since its launch in ...
The government on Saturday said it has extended the exemption timeline for net-metering and open access RE projects till December 31, 2026 under the ALMM-II. The ministry clarified that there will be no change with respect to the implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells. In a statement, the Ministry of New and Renewable Energy said there is no change in ALMM Policy and the government has provided extended relief window for select solar projects up to December 2026. The MNRE has decided that there will be no change in the policy of the Government of India with respect of implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells, and no blanket extension in applicability of ALMM List-II for solar power projects will be provided. However, a limited window is being provided for net metering projects and open access RE power projects, whereby such projects can now commission with exemption of ALMM .
Meta Platforms, Inc. and CleanMax Enviro Energy Solutions Ltd on Wednesday announced a partnership for over 900 MW of renewable energy capacity in India. As part of the collaboration, the companies will support the development of 837 MW of new solar and wind capacity across Rajasthan and Karnataka, a statement said. Combined with previously announced projects, the partnership now represents more than 900 MW of renewable energy capacity. CleanMax's renewable energy projects support Meta's efforts to add new generation to the grid, advance its goal of matching its electricity use with 100 per cent clean and renewable energy, and will help address Meta's value chain emissions in the region. Under the partnership, CleanMax will develop and operate 837 MW of new renewable energy capacity across Rajasthan and Karnataka, comprising large-scale solar and wind projects. Meta will purchase 100 per cent of the environmental attributes from these projects, it stated. Kuldeep Jain, Founder an
The next phase of the Renewable Energy Partnership between Australia and India involves using the strong platform built by climate change leaders to leverage the complementary skills of both nations, a top official of the Australian High Commission said. In an interview with PTI Videos, Philip Green, Australian High Commissioner to India, said the next phase of Renewable Energy Partnership (REP) is about the commercialisation options that exist between Australia and India under the climate banner, and that there is a real synergy between Australian innovation and Indian scale manufacturing, deployment, and global reach. In 2024, India and Australia officially launched the REP aimed at boosting two-way investment in the renewable energy sector. Emphasising the clean energy cooperation between the two nations, the Australian envoy said the Australia-India Rooftop Solar Training Academy in Gujarat will train more than 2,000 young people, with a specific focus on women. He noted that
The war in Iran is exposing the world's reliance on fragile fossil fuel routes, lending urgency to calls for hastening the shift to renewable energy. Fighting has all but halted oil exports through the Strait of Hormuz, the narrow waterway that carries about a fifth of the world's oil and liquefied natural gas, or LNG. The disruption has jolted energy markets, pushing up prices and straining import-dependent economies. Asia, where most of the oil was headed, has been hit hardest, but the disruptions also are a strain for Europe, where policymakers are looking for ways to cut energy demand, and for Africa, which is bracing for rising fuel costs and inflation. Unlike during previous oil shocks, renewable power is now competitive with fossil fuels in many places. More than 90% of new renewable power projects worldwide in 2024 were cheaper than fossil-fuel alternatives, according to the International Renewable Energy Agency. Oil is used in many industries beyond generating electricity,
India has the potential to emerge as a key data centre hub in the Asia Pacific region, provided it can resolve complex power and grid challenges and align renewable integration with rapid digital growth, according to a Deloitte report. While India accounts for nearly 20 per cent of global data consumption, it hosts less than 5 per cent of the world's data centres, underscoring significant headroom for expansion, said Debasish Mishra, Chief Growth Officer, Deloitte South Asia, dwelling on details of the report brought out at India AI Impact Summit. India, he said, has a "rare structural opportunity" to emerge as one of the world's leading data centre hubs. Structural advantages such as lower construction and land costs, competitive power tariffs and a large AI-skilled workforce position the country favourably. Policy support is also strengthening, with Budget 2026-27 proposing a tax holiday until 2047 for foreign companies offering cloud services globally from India, along with ...
State-owned Indian Renewable Energy Development Agency will seek shareholders' approval to raise Rs 2,994 crore through the issuance of equity shares to investors, including qualified institutional buyers, through a postal ballot. The issue will not dilute the shareholding of the President of India in the company by more than 3.76 per cent of the post-issue paid-up equity share capital, according to the postal ballot notice. The company anticipates growth opportunities in its existing operations and continues to evaluate various avenues. Towards this, the company continues to require capital for achieving such growth. The company has proposed to raise additional capital to augment its capital base to meet future capital requirements, onward lending and general corporate purposes, as may be permissible under applicable laws and as approved by the board of directors. The schedule of implementation and deployment of proceeds will be subsequently approved by the Board at the relevant
State-owned Nalco is transitioning its power-intensive smelting operations to renewable energy sources, and plans to set up 200-300 MW of green power capacity backed by battery storage to ensure a reliable supply and significantly cut overall carbon emissions. Nalco, which currently relies 100 per cent on coal-based captive power plants that account for 80 per cent of its carbon emissions, plans to ramp up its efforts to produce green aluminium, its Chairman-cum-Managing Director (CMD) Brijendra Pratap Singh said. The smelting process, which constitutes 35-40 per cent of production costs, draws power from in-house coal plants at Rs 3-3.5 per unit, while green power rates hover at Rs 4.5-5 per unit, he said. In a bid to address this, National Aluminium Company Ltd (Nalco) is pursuing power purchase agreements (PPAs), developing its own green power plants, and appointing a consultant to devise strategies for securing green energy at minimal cost with round-the-clock availability, he .