Shri Raj Kumar Singh took over as the new Minister of State (I/C) for Power and New & Renewable Energy. Speaking to media after assuming his office, Shri Singh said that there is lot of dynamism in both the Power and Renewable Energy Ministries which will be continued. Shri Singh Read more…
The demand for power in India is increasing with the growing population and the aspiration to become a developed nation. Hence, it has become necessary to explore the viability of power generation using renewable energy sources such as solar power since climate change is forcing us to bring down the Read more…
A new policy brief co-authored by the International Renewable Energy Agency (IRENA) and the World Resources Institute (WRI) finds that increasing the share of renewables, in particular solar photovoltaic (PV) and wind, in India’s power mix, and implementing changes in cooling technologies mandated for thermal power plants would not only Read more…
Inter-state transmission system (ISTS) consumers face some challenges upon buying energy generated from large renewable farms, whether solar, wind, or solar–wind hybrid. Although renewables enjoy waiver of ISTS, transmission system cost for renewables is very high due to low plant load factors (PLFs). RE generation suffers from variability, intermittency, and Read more…
Energy systems around the world are witnessing transformations at an unprecedented rate. There has been a very rapid increase in renewable energy technology, costs of which have been falling at an average of 60% since 2001. In terms of demand composition, more and more demand has been electrified; some of Read more…
The Indian solar sector has shown incredible growth trajectory. The industry doubled its solar capacity in the last few years (5 GW in 2015, 10 GW in 2016, and ~16.6 GW in 2017), which is really very inspiring considering the country lacks enhanced industrial infrastructure that China, the US, and Read more…
Recently, the Ministry of New and Renewable Energy (MNRE), Government of India, had stressed to strengthen India’s manufacturing capabilities. For this MNRE released a concept note to upgrade country’s solar manufacturing supply chain. In this concept note, MNRE proposed to reduce dependency on foreign imports and create demands for local Read more…
A little more than six years ago, the Sustainable Energy for All (SE4All) was launched in September 2011. We are now a third of the way to 2030, the year by which universal electrification for all has been targeted. In line with the global target to achieve universal electrification, the Read more…
The Energy Transitions Commission India (ETC India) was launched by The Energy and Resources Institute (TERI) on the sidelines of the World Sustainable Development Summit (WSDS) 2018 on February 16, 2018. ETC India is a unique, high-level, multi-stakeholder platform on energy and electricity sector transitions in India. In the first Read more…
European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 million on nonsovereign basis on March 10, 2018, in New Delhi. The line of credit is for tenure of 15 years including a Read more…