Adani Green Energy Ltd (AGEL), the renewable energy arm of the Adani Group, has emerged as a significant player in the renewable energy sector in India. With a focus on wind-solar hybrid power plants, AGEL’s portfolio has witnessed a massive expansion over the years. In this article, we will discuss Read more…
India’s electricity sector is experiencing tremendous growth, driven by an increasing demand for power, industrialization, and the need for renewable energy integration. The sector is complex and involves multiple national and state-level players in the generation, transmission, distribution, and retail of electricity. Tariff setting is an essential component of the Read more…
As India moves towards higher renewable energy (RE) integration into its power system, it becomes imperative to address the inherent variability and uncertainty associated with solar and wind generation. The International Energy Agency (IEA) has identified six phases of system integration of renewables, which are associated with different flexibility requirements. Read more…
India has been witnessing a surge in renewable energy investments, with major companies taking the lead in driving the country’s transition towards a sustainable energy future. In December 2021, Tata Power, India’s largest integrated power company, secured a contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to set up Read more…
India’s remarkable progress in the renewable energy sector has not gone unnoticed. In 2021, the country was ranked third on the EY Renewable Energy Country Attractive Index (RECAI), a testament to its potential as a global renewable energy powerhouse. The RECAI ranks 40 countries on the attractiveness of their renewable Read more…
Ayana Renewable Power, an Indian renewable energy company backed by the UK government’s CDC Group, National Investment and Infrastructure Fund (NIIF), and Eversource Capital, has announced ambitious plans to set up renewable energy projects totaling 2 gigawatts (GW) in the state of Karnataka. With an investment of US$ 1.53 billion, Read more…
At the 2021 COP26 Summit held in Glasgow, Prime Minister Narendra Modi announced India’s ambitious plan to increase its renewable energy generation capacity to 500 GW and meet 50% of the nation’s energy needs through renewable sources by 2030. This pledge not only underscores India’s commitment to combating climate change Read more…
Canadian investment firm Brookfield has recently acquired a 51% stake in CleanMax Enviro (CleanMax Solar), a leading provider of renewable energy to commercial and industrial clients in India. The company’s equity value is estimated to be between ₹3,500 crore and ₹4,000 crore. This acquisition highlights the successful journey of CleanMax Read more…
Introduction: As the demand for clean and sustainable energy grows, many commercial and industrial (C&I) entities in India are turning to solar power to meet their energy needs. Financing is a critical factor in enabling the growth of the solar industry, and KFW-IREDA financing has played a vital role in Read more…