What is a power purchase agreement? This is an arrangement where a PPA company installs a solar energy system on a homeowner’s roof and the homeowner pays for the electricity generated by the system at a fixed price. The solar PV system is not owned by the homeowner. Which is better? Read more…
Generate, store, and manage clean, affordable solar energy on your terms. Powerwall gives you the ability to store energy for later use and works with or without solar to provide key security and financial benefits. Each Powerwall system provides energy monitoring, metering and management for the system. Tesla Powerwall With Read more…
The country’s load profile indicates that peak load is generally observed during morning hours and evening hours. However, the evening peaks are higher than the morning peaks. The All India peak load is observed generally in the month of September/October (load curve of the year 2014-15, 2015- 16 and 2016-17). Read more…
The projected installed capacity by the end of 2021-22 as per midterm NEP review is 4,76,431 MW (44,989 MW Hydro, 5246 MW PSP; 2,15,773 MW Coal; 25,343 MW Gas; 10,080 MW Nuclear, 5,000 MW small Hydro, 10000 MW Biomass, 100,000 MW solar and 60,000 MW wind) and has been considered Read more…
India is known to have a large number of man-made reservoirs, which are used for a variety of purposes like irrigation, hydroelectric, water supply, navigation, etc. In fact, as on June 2019, the share of installed hydroelectric capacity stands at 45 GW out of 366 GW of total installed capacity of Read more…
As discussed in the previous article, investors typically need to evaluate the legalities, consent and technical aspects of a project before agreeing to invest. The due diligence conducted at the equity stage is mostly based on previously available technical information. Whereas, as for the case of project finance, due diligence Read more…
Indian Railways plans to use its surplus land along the tracks to generate 20-gigawatt production capacity of renewable energy, enough to power the entire Railways, said Piyush Goyal, Minister of Commerce & Industry, and Minister of Railways. “[however] we may need to expand our battery storage or form the storage Read more…
New Delhi: Andhra Pradesh, a major renewable energy producer, has an installed renewable energy generation capacity of around 8,203 megawatt (MW). Of this capacity, commissioned till 31 July 2020, wind energy projects took the largest share with 4,080 MW capacity, followed by solar energy with a capacity of 3,530 MW commissioned, according to information shared by New and Renewable Read more…
German automotive supplier Bosch on Wednesday published details of three long-term solar power supply deals with utility companies as it switches its electricity sourcing away from fossil fuels to green energy. The contracts were arranged with utilities RWE, Vattenfall and Statkraft. Bosch is expanding green power generation at its locations and will also continue Read more…
Kolkata: German KfW Development Bank has agreed to give a soft loan of Rs 600 crore to West Bengal power utility for the first phase of a 125MW solar park project in Purba Medinipur district, Power minister Sobhandeb Chattopadhyay said. The project to be executed by the West Bengal State Electricity Distribution Read more…