Work on controversial wind power projects in Sri Lanka's northeastern Mannar islands is continuing despite a government announcement that it would implement the disputed projects only with the consent of local residents, activists alleged on Friday. The cabinet earlier this week decided that the wind power projects under dispute would proceed only after receiving approval from the public. We will not stop our protests and will continue until we see action in black and white to stop them, Father S Marcus, president of the Mannar Civil Committee, told PTI. Two privately owned wind power plants, a 20 MW Windscape Mannar and a 50 MW Hayleys Fentons, were scheduled to begin operations in December 2025 and December 2026, respectively. The committee has been protesting for over three months, highlighting the projects' adverse environmental impact on the area. Marcus said despite the cabinet's announcement, work on the projects had continued. "The projects would leave the Mannar islands
India achieves one of its COP26 goals five years ahead of schedule as non-fossil energy sources contribute over half of total installed power capacity
The MoU signed at the Vibrant Gujarat Summit will drive over 11 GW of green capacity and create thousands of clean energy jobs across key districts
Worldwide solar and wind power generation has outpaced electricity demand this year, and for the first time on record, renewable energies combined generated more power than coal, according to a new analysis. Global solar generation grew by a record 31 per cent in the first half of the year, while wind generation grew by 7.7 per cent, according to the report by the energy think tank Ember, which was released after midnight Tuesday London time. Solar and wind generation combined grew by more than 400 terawatt hours, which was more than overall global demand increased in the same period, it found. The findings suggest it is possible for the world to wean off polluting sources of power even as demand for electricity skyrockets with continued investment in renewables including solar, wind, hydropower, bioenergy and geothermal energies. That means that they can keep up the pace with growing appetite for electricity worldwide, said Malgorzata Wiatros-Motyka, senior electricity analyst at
Datta Power Infra on Friday said one of its group firms inked a power purchase agreement with state-owned Solar Energy Corporation of India (SECI) to supply electricity from its 50-MW wind energy project. This project is part of SECI's Tranche-XVII initiative for setting up 500 MW ISTS-connected wind power projects across India, Datta Power Infra said in a statement. One of the group companies of Datta Power Infra Private Limited has signed a Power Purchase Agreement (PPA) with SECI for its 50-MW wind power project. This PPA reinforces the group's commitment to delivering clean and sustainable energy solutions at scale, the statement said. Varchasvi Gagal, CEO & MD of Datta Power Infra Pvt Ltd, said, "This PPA is a significant step in our commitment to supporting the nation's renewable energy objectives and building a greener, more sustainable future." The 50-MW wind power project will be developed as part of the central government's initiative to boost the country's renewable ...
Political shift is affecting ESG investing
Project is the largest commercial and industrial wind energy order in India, say companies
Tata Power has planned a 66 per cent higher capital expenditure of Rs 20,000 crore in this fiscal compared to a year ago, which will mainly focus on projects supporting energy transition and India's net-zero emission target by 2070. During the year ended March 2024, the capex (capital expenditure) was around Rs 12,000 crore, the company's CEO Praveer Sinha said during a post earnings conference call. "This year we are targeting to spend around Rs 20,000 crore," he said in reply to a question on company's planned capex. Sharing the breakup of the investment plant, Sinha said about 50 per cent will be on renewables (projects). The remaining will be mix of transmission, distribution and conventional projects. The company will fund the capex through internal accruals and some debt, Sinha said. Tata Power on Wednesday posted an 11 per cent rise in its consolidated net profit to Rs 1,046 crore in the March 2024 quarter compared to the year-ago period, mainly on the back of higher ...
Microsoft expects its partnership with Brookfield to help finance the creation of renewable electricity projects to be built between 2026 and 2030
State-owned REC Ltd on Tuesday posted about a 13.5 per cent rise in its consolidated net profit to Rs 3,308.42 crore for the December 2023 quarter, mainly on the back of higher revenues. Its consolidated net profit was Rs 2,915.33 crore in the quarter ended December 2022, a BSE filing showed. The total income rose to Rs 12,071.54 crore in the quarter from Rs 9,795.47 crore in the same period a year ago. The board, in its meeting on Tuesday, also approved the incorporation of a project-specific special purpose vehicle as a wholly-owned subsidiary of REC Power Development & Consultancy Limited (a wholly-owned subsidiary of REC Ltd) for the selection of a successful bidder as Transmission Service Provider (TSP) for Eastern Region Expansion Scheme- XXXIX project allocated by the Ministry of Power through tariff based competitive bidding process. Besides, it also approved the sale and transfer of the entire shareholding of six subsidiaries (power transmission projects), presently held
To meet the goal of limiting global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), nine major Asian economies must increase the share of electricity they get from renewable energy from the current 6% to at least 50% by 2030, according to a report by a German thinktank released Wednesday. Nearly a third of that renewable energy should come from wind and solar power, said the report by researchers of Berlin-based Agora Energiewende. A fifth would be hydropower and other clean sources and the remainder, fossil fuels. The study analyzed energy plans of both developing nations like Indonesia and Vietnam where demand for energy is growing rapidly, and wealthier places like Japan and South Korea, which have among the highest burdens of per capita greenhouse gas emissions. It did not include China, the world's biggest emitter of carbon, or India, another major contributor. A global temperature increase of 1.5C (2.7F) since pre-industrial times is considered a critical climate ...
Renewable electricity available at any time of the day and night "is sort of a holy grail," Piconi said. "It's not achievable with the current technologies, because they are not economical."
Suzlon Group on Friday said it has secured a new order to install 29.4 MW wind capacity from BrightNight in Maharashtra. The capacity is a part of BrightNight's 100 MW wind-solar hybrid project in Osmanabad in Maharashtra, Suzlon Group said in a statement. "Suzlon will install 14 units of S120 140m wind turbine generators with a hybrid lattice tubular tower and a rated capacity of 2.1 MW each," it said without disclosing the order value. The project is expected to be commissioned in phases, beginning April 2024, and curb 2.5 lakh tonne of CO2 emissions per year, it added. Suzlon will execute the project with a scope of supply, installation, and commissioning. Additionally, Suzlon will offer post-commissioning operation and maintenance services. JP Chalasani, Chief Executive Officer, Suzlon Group said, the power generated from this project will target the Commercial and Industrial (C&I) customer segment, creating deeper penetration of renewable energy in India. Pune-based Suzlon .
Its power ministry cites economic distress among reasons for the move
Thomas Brostrom joined Shell from offshore wind giant Orsted in August 2021 to head offshore wind as the company planned to rapidly grow its wind and solar operations
The Arunachal Pradesh State Council for Science and Technology in collaboration with the School of Energy Science & Engineering under IIT Guwahati installed a solar-wind power plant in Papum Pare district on Friday. The 10-KW hybrid plant system was set up at Rural Technology Demonstration Centre (RTDC) in Kimin. The system has a four-blade horizontal axis wind turbine of 5 KW capacity installed at 12-metre height from the ground level and another 5 KW-capacity solar photovoltaic panels, officials said. The energy generated from the plant would be monitored using a hybrid charge controller and would be stored in a battery bank. APSCS&T chairman Bamang Mangha along with its director C D Mungyak among others were present on the occasion. The advantage of a wind-solar hybrid system is that power generation is uninterrupted throughout the year without getting hampered by seasonal changes, an official said. "Such a hybrid system technology with a higher capacity is viable in the ...
In case a project is eligible for waiver of ISTS charges based on its original COD, the same benefit will continue to be made available if COD is extended by a BS web competent authority
The shares of listed Adani group companies have witnessed huge volatility in prices after US-based short-seller Hindenburg's research report
Sri Lankans have been struggling with rolling powers cuts for over a year as the country struggled to generate sufficient amounts of thermal and coal power
The bids will be on a single stage two envelope closed bid basis with one containing technical bid and other financial bid