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…
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…
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…
The pace of adding renewable generation capacities slowed down in FY19 with just 8.6 gigawatt (GW) of solar and wind power plants getting commissioned in the fiscal. The country had added 11.3 GW and 11.8 GW of renewable capacities in FY17 and FY18, respectively. The installed renewable capacity now stands Read more…
Canada’s Brookfield Asset Management Inc. is in talks to buy a majority stake in Hyderabad-based Mytrah Energy as the alternative assets manager looks to make its first renewable investment of more than $1 billion in India, said three people aware of the development. Canada’s Brookfield Asset Management Inc. is in talks to buy a majority stake Read more…
India has witnessed increasing capacity additions in renewable energy (RE) with an installed capacity of close to 22 GW for solar and 34 GW for wind as on March 31, 2018. The achievement of the planned capacity shall have the country’s task cut out in terms of planning the transmission Read more…
The Minister of State (I/C) for Power and New and Renewable Energy, Shri Raj Kumar Singh releasing the booklet “State Distribution Utilities – Sixth Annual Integrated Rating”, at the Conference of Power and New & Renewable Energy Ministers of States & UTs, in Shimla, Himachal Pradesh on July 03, 2018. Read more…
Energy advisory and certification body DNV GL has launched a new digital platform for renewable energy power purchase agreements. Instatrust is a global digital marketplace designed to be a one-stop-shop to connect corporations committed to buying clean energy with suppliers of wind and solar energy. On the web-based platform, recommended Read more…