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…
Delhi Metro trains will now also run on solar power as the Delhi Metro Rail Corporation (DMRC) has received 27 MW power from the Madhya Pradeshbased Rewa Solar Power Project. This will also be the first time when the DMRC will be receiving power from an ‘offsite source’. “Till now, Read more…
State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction, and project management contractor,” the company said in a statement. Read more…
With global issues such as climate change and other energy-related problems, the need of the hour is an efficient fuel with zero carbon footprints and this path can be achieved by using hydrogen and other environment-friendly options such as biofuels. Biofuels can be produced from different organic wastes that can Read more…
Discussions on Environment and Energy Theme The G20 Leaders’ Summit and associated meetings, including a global event on financing energy efficiency and a meeting of energy and environment ministers on energy transitions and the global environment, highlighted energy-related and environmental issues such as energy performance of asset investments and energy Read more…
Managing Director of the Solar Energy Corporation of India (SECI), Shri Jatindra Nath Swain, inaugurated the 1.2 MWp solar power project at Akal University in Bathinda on April 6, 2019. In his address, Mr Swain said that this solar project, which is the largest for any rural educational institution, displays Read more…
Solar power for the first time in India made over 50% power capacity addition in 2018 although GST, safeguard duty, and land and transmission issues took a toll on large-scale power installation to whose effect the overall Indian solar market was down 15.5% in FY18, according to Mercom India Research’s Read more…
Undeniably, financial volatility and climate change are considered to be the prime catalysts of alteration in the global ecology that could profoundly impact businesses and society. In the last decade, it is universally gathered that the corporate sourcing of renewables has the potential to churn substantial investments into renewable energy. Read more…
The Centre has introduced a financial incentive for states and tweaked its policy to address two major issues plaguing solar park developers — shortage of land and lack of transmission facility. States will earn Rs 0.02 for every unit of power produced at the solar parks, irrespective of where it Read more…
Existing market challenges for the stakeholders lead to the slow uptake of rooftop solar in the residential sector. For the consumers, high upfront cost, difficulty in accessing finance, lack of awareness, and lack of access to suitable roof spaces are some of the major challenges. The solar developers and financiers Read more…