Page 10 - Renewable Energy Policy

Punjab announces Rs 300 cr incentive to promote use of electric vehicles

Punjab's transport minister Laljit Singh Bhullar has said the state government will provide incentives worth around Rs 300 crore in the next three years to promote the adoption of electric vehicles (EVs) and reduce pollution. These incentives will be provided on electric two-wheelers, e-cycles, e-rickshaws, e-autos and electric light commercial vehicles. He directed the officials of the transport department to write a letter to the finance department for creating a dedicated EV fund to facilitate initiatives for the adoption of the EVs in the state. He was presiding over a meeting of the state level EV committee, which has been set up for the implementation of the Electric Vehicle Policy-2023, here on Wednesday. According to an official statement, Bhullar took details of the responsibilities entrusted to various departments concerning the implementation of the EV policy and asked officials to ensure speedy implementation. Bhullar instructed the Punjab State Power Corporation Ltd a

Industry body WIPPA suggests 4 measures to boost wind energy progress

Industry body WIPPA on Friday suggested four measures to boost progress in the wind energy sector. "At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late payment surcharge) and greater facilitation of offshore wind bids," Wind Independent Power Producers Association (WIPPA) president Parag Sharma said in a statement. The body, with the support of the Ministry of New and Renewable Energy (MNRE), will organise an event on Sunday to increase awareness of wind energy ahead of the Global Wind Day on June 15, the statement said. Global Wind Day run here on June 11, 2023, will highlight the MNRE and WIPPA's role in reviving India's wind sector. Global Wind Day Conference 2023 was also organised in Pune on Thursday. Dinesh Dayanand Jagdale, Joint Secretary at MNRE, expressed satisfaction at adding gigawatts on the ground now, and at the ...

Rooftop solar capacity increased 6.35% to 485 MW in Jan-Mar: Mercom

The rooftop solar capacity in India increased by 6.35 per cent to 485 megawatt (MW) in the January-March quarter of this year, according to Mercom India. In the January-March period of calendar year 2022, the rooftop solar installation capacity in the country was at 456 MW, the research firm said on Friday. India's cumulative rooftop solar capacity was approximately 9.3 gigawatts (GW) at the end of Q1 2023. On a quarter-on-quarter basis, at 485 MW, rooftop solar capacity addition was marginally up by 0.4 per cent compared to 483 MW in Q4 2022, Mercom India said. According to its 'Q1 2023 Mercom India Rooftop Solar Market Report', nearly 58 per cent of capacity was added by residential consumers in Q1 2023, while industrial and commercial consumers accounted for 28 per cent and 14 per cent, respectively. In Q1 2023, rooftop solar accounted for 26 per cent of total solar installations. "After ups and downs in 2022, we are beginning to see steady growth in rooftop solar driven by so

Goa to host Clean Energy Ministerial, Mission Innovation meetings in July

The 14th Clean Energy Ministerial (CEM14) and 8th Mission Innovation (MI8) meetings will be held in Goa in July this year, officials said. These meetings will be conducted between July 19 and 22, they said. The theme of these meetings is 'Advancing Clean Energy Together', the Press Information Bureau (PIB) said in a release. Scheduled on the margins of the G20 Energy Transitions Ministerial Meeting, these meetings will bring together governments, international organisations, private sector, academia, innovators, civil society, early career researchers and policy-makers featuring high-level ministerial dialogues, global initiative launches, award announcements, minister-CEO roundtables and a wide array of side-events cutting across diverse themes of clean energy transition, it said. The ministerial plenaries are scheduled to be held on July 21, while back-to-back G20 Energy Transition Ministerial Meeting will be held on July 22. The high-level roundtables, side-events and technolog

Govt crackdown soon on developers of delayed power projects: R K Singh

Power and New & Renewable Energy Minister R K Singh on Thursday said the government will crackdown on developers of power projects, who miss the scheduled commercial date of operation or deadline to complete the project. Addressing a CII conference, Singh said the electricity generation capacity addition is a big challenge, as people are sitting on several projects won under the bidding process. Singh said that all these projects (power projects) are won under the bidding process and if they miss the SCOD (scheduled commercial date of operation or deadline to complete the project), then the developer will be banned from participating in project bidding for one year. On the second such incident, the developer will be banned for five years, Singh said, adding that he is going to put this (rule) in (policy). Power project developers are waiting for demand to grow but this will not happen, he said. Singh also said that until battery energy storage becomes viable, India would have to .

India plans 37GW offshore wind energy power by 2030, to issue bids

Tamil Nadu and Gujarat sitting on more than 70 GW potential, say officials

Govt reduces application fee by 80% for solar equipment manufactures

Ministry of New & Renewable Energy (MNRE) has taken major reforms in the 'Approved List of Models and Manufactures for Solar Photovoltaic Modules' (ALMM) including a sharp 80 per cent reduction in application fee as well as doubling enlisting validity. The MNRE has come up with a number of reforms in its ALMM mechanism for Solar Photovoltaic Modules, a ministry statement said. The reforms are primarily aimed at reducing the cost to solar PV manufacturers, time between application to enlistment as well as compliance burden and increasing ease of doing business in the whole ALMM process. The major reforms include the reduction in application fee by 80 per cent; a substantial reduction in inspection fee, with a reduction in certain cases being as high as 70 per cent and an exemption from factory inspection in case of enlistment of additional models in ALMM which are similar to those already enlisted by the applicant, but having lower wattage. The reforms also included allowing the ...

HP govt signs MoU with Oil India to develop new renewable energy sources

"We clarify that fresh ECs will have to be obtained even by the successful bidders...," the high court said in its order

SECI's renewable energy trade over 35 BU mark in FY23; records 59% volume

State-owned SECI traded 35 billion units of renewable energy (RE) during financial year 2022-23, registering a year-on-year (y-o-y) rise of 59 per cent, an official statement said Monday. During the year, Solar Energy Corporation of India Limited's (SECI) revenues from power trading crossed Rs 10,000 crore-mark for the first time since its inception, Ministry of New and Renewable Energy (MNRE) said. "SECI has traded over 35 BU, a jump of over 59 per cent in its RE power trading volume in FY23 over the previous year. Likewise, the revenue from power trading has crossed the Rs 10,000 crore-mark for the first time since its inception," the ministry said. In the statement, SECI MD Suman Sharma said India is witnessing an energy transition towards sustainable sources at an unprecedented pace. "We are striving hard to have the maximum contribution in the nation's journey towards 500 GW of non-fossil fuel by 2030, as announced by the Prime Minister (Narendra Modi). Entire team of employee

G7 nations to reduce global GHG emissions by 43% by 2030, 60% by 2035

G7 countries commit to "fully" or "predominantly" decarbonise their power grids no later than 2035 and accelerate the phase-out of domestic unabated coal power

To boost production, govt may provide Rs 50/kg support for green hydrogen

The government plans to provide Rs 50 per kg of hydrogen in the first year and the support will be brought down to Rs 30 per kg of production in the third year

Govt unveils plans to add 250GW renewable energy capacity in next 5 years

The government on Wednesday announced a plan to add 250 GW of renewable energy capacity in the next five years to achieve its target of 500 GW of clean energy by 2030. The government has decided to invite bids for 50 GW of renewable energy capacity annually for the next five years i.e., from Financial Year 2023-24 till Financial Year 2027-28, a Ministry of New and Renewable Energy statement said. These annual bids of ISTS (Inter-State Transmission) connected renewable energy capacity will also include setting up of wind power capacity of at least 10 GW per annum, it stated. The plan finalised by the Ministry of New & Renewable Energy (MNRE) at a meeting chaired by Union Minister for Power & New and Renewable Energy R K Singh last week, is in accordance with the Prime Minister's announcement at COP26, of achieving 500 GW of installed electricity capacity from non-fossil fuel (Renewable Energy + Nuclear) sources by 2030. India currently has a total renewable energy capacity of

Tata Power Solar Systems bags 300 MW project worth Rs 1,755 cr from NLC

Tata Power Solar Systems Ltd (TPSSL) has bagged a 300 MW project worth Rs 1,755 crore from state-owned NLC Ltd. The company will also do the operation and maintenance of the project for 3 years after the commercial operation declaration. The 300 MW Domestic Content Requirement (DCR) based project located at Barsingar in Bikaner, Rajasthan, is expected to generate more than 750 million units renewable energy and reduce 6 lakh tonne of CO2 annually, a statement said. The Letter of Award (LoA) for the project was given through competitive bidding. The project will get commissioned within 18 months from the date of receiving of LoA, it said. TPSSL will handle the complete project execution from designing to commissioning and the evacuation system up to delivery point. The company's total order book stands at about Rs 17,000 crore. NLC has been a forerunner amongst public sector enterprises in the energy sector, with large scale lignite production and significant share in thermal and

Storage of renewable energy essential to net zero transition: Aus experts

Australia's Commonwealth Scientific and Industrial Research Organization (CSIRO) on Wednesday called for significant investment in renewable energy storage to keep up with rising electricity demand

Renewable energy needs to be ramped up to meet global climate goals

Deployment of new wind and solar power plants needs to be drastically ramped up by the end of the decade to meet the world's climate goals, the International Renewable Energy Agency said Tuesday. In an advance preview of its annual report on the global shift from fossil fuels to clean energy, the agency said renewables accounted for 83 per cent of new power generation last year. Worldwide, the share of installed power generation coming from renewables reached 40 per cent in 2022, it said. But in order to halve greenhouse gas emissions by 2030 and put the world on track to cap global warming at 1.5 degrees Celsius (2.7 degrees Fahrenheit), existing targets for renewable power deployment would need to be more than doubled, the Abu Dhabi-based agency said. Governments agreed in the 2015 Paris climate accord to limit the global temperature rise to 2 C (3.6 F) ideally no more than 1.5 C above pre-industrial averages. The lower target would prevent significant harm from climate change

Tata Motors goes even greener: To launch exclusive showrooms for EVs

At the outset, the company intends to open ten stores in the top ten Tier-2 cities

India's renewable energy capacity reaches 168.96 GW: Minister R K Singh

India's total installed renewable energy capacity touched 168.96 GW mark by February 2023-end, Parliament was informed on Tuesday. Out of the total 168.96 GW, 64.38 GW is solar power capacity, 51.79 GW hydro, 42.02 GW wind and 10.77 GW bio power, R K Singh, Union Minister for Power, New and Renewable Energy, said in Rajya Sabha. Another 82.62 GW of green energy capacity is under implementation and 40.89 GW of capacity is under various stages of tendering, he said in a written reply to the upper House. A total of 3,16,754.86 MU of electricity has been generated from renewable energy sources during the current year 2022-23 (up to January 2023), Singh said. According to the minister, India's total power generation capacity was at 412.21 GW as on February 28, 2023. The government's aim is to achieve 500 GW of installed electricity capacity from non-fossil sources by 2030.

HP CM announces slew of schemes to promote green energy in state budget

Reading out his first Budget in the Vidhan Sabha, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday announced a slew of green energy schemes

Corporates hopeful for green hydrogen; may pump Rs 16 trillion in 10 years

Industry experts have said that it will take a combination of technological advancements and regulatory support to boost the cost-effectiveness and viability of green hydrogen in the country

Renewable energy accounts for over 62% of Cambodia's energy supply: PM

Cambodian Prime Minister Hun Sen said on Tuesday that renewable energy has now made up over 62 percent of the Southeast Asian country's installed electricity capacity