Reliance New Energy Solar, a subsidiary of Reliance Industries Limited, has recently announced its acquisition of a 51% stake in Solar Sterling & Wilson for Rs. 28 billion. The deal is expected to strengthen Reliance’s presence in the solar energy sector and enable the company to expand its renewable energy Read more…
Reliance New Energy Solar, a subsidiary of Reliance Industries Limited, has recently made a significant move in the renewable energy sector by acquiring REC Solar Holdings for $771 million. The acquisition is expected to strengthen Reliance’s position in the solar energy market and enable the company to expand its renewable Read more…
India’s power sector has undergone a significant transformation, but challenges still persist. The distribution companies (discoms) continue to incur losses, leading to delayed payments to generators and hindering the necessary investments for transitioning to renewable energy. The tension between the need for low-rate electricity as a public service and the Read more…
India’s electricity market is on the verge of transformation with the country’s ambitious renewable energy targets and increasing penetration of distributed energy resources. To support this transition, the Rocky Mountain Institute (RMI) released a report titled “Transforming India’s Electricity Markets” in collaboration with NITI Aayog and Shakti Sustainable Energy Foundation. Read more…
As India continues to develop and modernize its energy sector, the cost of power purchase is an important metric to monitor. The Rocky Mountain Institute’s report on India’s electricity market provides insight into the trends in the national average power purchase cost over the past few years. The report shows Read more…
The Indian electricity market is a complex system that involves multiple entities responsible for different aspects of power generation, transmission, and distribution. Each entity has a specific role to play in ensuring that the electricity supply is stable, reliable, and affordable. In this blog post, we will explore the different Read more…
India has made tremendous strides in renewable energy (RE) deployment in recent years. However, one of the major challenges facing the sector is curtailment of wind and solar projects. Curtailment refers to the situation when the electricity generated by a renewable energy project is not used due to grid congestion Read more…
As the world moves towards cleaner and sustainable energy solutions, solar energy is gaining significant popularity among both residential and commercial customers. With the adoption of solar energy systems, the concept of metering has gained significant importance. Solar energy customers have different metering options to choose from, including net metering, Read more…
As the world moves towards cleaner and sustainable energy solutions, solar energy is gaining significant popularity among both residential and commercial customers. With the adoption of solar energy systems, the concept of metering has gained significant importance. Solar energy customers have different metering options to choose from, including net metering, Read more…
Here are five key features of central and state government solar Power Purchase Agreements (PPAs) compared in a tabular form: Features Central Government Solar PPA State Government Solar PPA Tariff determination Tariff is determined through a competitive bidding process Tariff is determined through negotiations PPA duration PPA duration is typically Read more…