On March 7, 2019, the Cabinet Committee on Economic Affairs (CCEA) gave its approval for the inclusion of large-hydropower in the renewable energy sector. The move essentially ends the distinction between small-hydro projects (SHPs) with a capacity of less than 25 MW and large-hydro projects. With the addition of around Read more
Transmission-related issues have considerably slowed down renewable energy development in the country, and the problems are only likely to get aggravated with the increase in the quantum of renewables available for grid injection. To address transmission constraints, a comprehensive plan covering transmission and control infrastructure was identified as part of Read more
Leading infrastructure investor Global Infrastructure Partners (GIP) is in advanced negotiations to buy the solar portfolio of RattanIndia Power Ltd (formerly India Bulls Power) for an enterprise value of about $300 million (Rs 2,000 crore), multiple people aware of the development told ET. “Due diligence of solar assets by GIP Read more
India has made a strong commitment to scale up renewable energy (RE), with an ambitious target of 175 GW of RE by 2022. It is very likely that even higher targets would be envisaged for 2030, mainly to take advantage of the low-cost discovery (`2.5–`2.75/kWh) and fixed price long- term Read more
A village in Uttar Pradesh’s Amroha district has presented itself as a model for renewable energy usage with complete dependence on solar power for all its needs. The solar-powered village in Chakanwala Panchayat named ‘Mandironwala Bhuddi’ has no electricity poles but is completely lit up using solar power. Solar panels Read more
To address and ensure quality of solar components across India’s solar power ecosystem, the Ministry of New and Renewable Energy (MNRE) has floated a draft quality control order for Solar Thermal Systems. The Standardization specifics are in accordance with the Bureau of Indian Standards (BIS) guidelines. The ministry has already Read more
India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in FY18 by utility-scale Read more
I n the last 50 years, the global energy demand has tripled. It is projected to triple again over the next 30 years. Energy demand worldwide grew by 2.3% in 2018 which was the highest in this decade because of the robust global economy and stronger heating and cooling needs Read more
The building blocks for the Indian renewable energy growth are now well in place, and it is time for the country to pole-vault to the next frontier of its journey. The 3rd Global RE-INVEST 2019, will establish India’s competitiveness in the global renewable energy arena. 3rd Global RE-INVEST is scheduled Read more
Agriculture is the main source of livelihood in rural India, contributing to food security. Two-thirds of the total irrigated area in India uses groundwater pumping, powered by more than 2 crore electric and 75 lakh diesel pumps. Thus, agriculture is a major consumer of electricity, accounting for nearly one-fifth of Read more