The upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers, India Ratings and Research (Ind-Ra) said
Firm has been expanding its renewable footprint over past two decades, meets 40% of its electricity needs from wind, solar and biomass; Its investment in renewable assets is about Rs 1,000 cr
There has been a continuous decline in solar power tariffs since the start of the current financial year
Thanks to renewable power boom, the marginal cost of electricity will continue to drop sharply and India will emerge as the least expensive producer of renewable energy, he said
Dharmendra Pradhan, the Minister for Petroleum and Natural Gas and Steel, highlighted the country's focus on developing a fast and integrated renewable energy policy
India will need increased effort to meet the targets
India, the world's third-biggest greenhouse gas emitter, has set a target of raising its renewable energy to 175 GW by 2022
'Convergence' to focus on solar irrigation pumps, reduce cost of clean power for farmers
The renewable energy ministry has expanded the scope of PM-KUSUM scheme to enable greater solar energy generation in farm sector. The ministry has amended the guidelines of the scheme based on the learning from its implementation during the first year, an official statement said. Now, besides barren, fallow and agricultural lands, solar power plants can also be installed on pasture land and marshy land of farmers. To support small farmers, solar projects smaller than 500 kW may be allowed by states based on techno-commercial feasibility, the Ministry of New and Renewable Energy (MNRE) statement said. The selected renewable power generator (RPG) shall commission the solar power plant within twelve months from date of issuance of Letter of Award (LoA), it added. Moreover, there shall be no penalty on RPG for shortfall in solar power generation from minimum prescribed Capacity Utilization Factor. As per the amendments, now MNRE will retain 33 per cent of eligible service charges fo
It is imperative that alternate contract structures be explored that balance the long-term risks of the developers with the off takers
India has set an ambitious target of 175 GW of renewable energy capacity by 2022.
Solar panel producers like Longi Green Energy Technology Co. have asked the government in China, home to most solar manufacturing, to address the situation by approving new factories
India has an ambitious plan to increase its renewable energy capacity to 175 gigawatts (GW) by 2022, nearly three-fifths of which will be solar power
The combined share of solar photovoltaic (PV) and wind in global generation will rise to almost 30% in 2030 from 8% in 2019, it said, with solar PV capacity growing by an average 12% a year
Competition Commission of India (CCI) has approved the acquisition of various solar energy assets by a joint venture of Adani Energy and Total Solar. Adani Green Energy Twenty Three Ltd -- a joint venture of Total Solar Singapore Pte Ltd and Adani Green Energy Ltd -- will buy the assets from Adani Green Energy Ltd. According to a combination notice filed with the watchdog, Adani Green Energy Twenty Three Ltd will acquire 100 per cent shareholding of ten target companies. Adani Green Energy Ten Ltd is the holding entity of the target companies. In a tweet on Tuesday, CCI said it has approved "acquisition of solar energy generation assets by Adani Green Energy Twenty Three Ltd - a joint venture of Total Solar Singapore Pte. Ltd. & Adani Green Energy Limited". Pursuant to the proposed combination, AGE23L will acquire 100 per cent of the share capital of Adani Green Energy Ten Ltd (AGE10L), which is the holding entity of the target companies.
The share of renewable energy in the country's power mix has increased from 23% to 26% in April-August period this fiscal
With high priority accorded to Make in India, the government shall soon launch incentive schemes to invite global companies to set up mega manufacturing plants
Zone proposes to provide rooftop solar plants of 2.69 MWp under developer mode by Solar power developers at Perambur and Golden Rock workshops
The former IndiaBulls power firm to focus on thermal power
SLNG is also exploring ways to speed up the use of LNG and other green energy alternatives