The year 2016-17 was marked by multiple changes aimed at reviving investor interest in the wind energy segment in India. While regulatory changes such as a reduction in accelerated depreciation (AD) benefits were brought in, […]
Indian Railways (IR) has one of the largest railway networks in the world and is among the largest consumers of electricity in the country, and is thus, by extension, the largest consumer of coal. In […]
Chandigarh-based Hartek Power has announced that it received1,025 MW of solar grid-connected engineering, procurement and construction (EPC) orders in 2016-17, thus registering a significant increase of 733 per cent over the previous year’s order size […]
Tata Cleantech Capital Limited (TCCL), a joint venture between Tata Capital Limited and the International Finance Corporation, has funded a 450 kW rooftop solar project, the largest in Mumbai, at the National Centre for Performing […]
SWELECT Energy Systems has built and commissioned India’s largest floating solar energy plant in Kayankulam, Kerala for NTPC. The plant was commissioned in a span of 22 days. The floating photovoltaic (PV) system consists of […]
To support its ambitious development strategy in renewable energies and energy efficiency, ENGIE has issued its second green bond of Euro 1.5 billion. The bond has two tranches – a seven-year tranche of Euro 700 […]
Driven by the 100 GW by 2022 solar power target and increasing environmental concerns, solar power generation has been growing at a rapid pace. It has progressed from being an alternative source of energy to […]
The Indian solar segment has witnessed exponential growth over the past few years. In a matter of three years, the country’s installed solar capacity has tripled to cross 10 GW, and this trend is likely […]
An increasing number of conventional power generation companies are foraying into the renewable energy space. With the government’s focus on renewable energy development and better access to financing, there is now greater ease of entering […]
A Renewable Watch team recently visited Adani Power’s 648 MW solar power plant in Tamil Nadu, accompanied by Jose Joseph, senior vice-president, transmission and distribution infrastructure and grid integration solutions, power grids, ABB. The following […]
The 750 MW Rewa solar tender has marked a paradigm shift in the Indian solar power market by bringing solar tariffs to Rs 3.30 per kWh, about 25 per cent lower than the previous lowest […]
In line with the government’s goal to increase the share of green power in the country’s energy mix, 12.5 GW of renewable energy capacity was added in 2016-17 as compared to 10.2 GW of conventional […]
Amidst all the excitement pertaining to the progress in the grid-connected renewables space, the development and potential opportunities in off-grid renewable energy often get sidelined. However, in a much smaller way compared to its counterpart, […]
The past two years have been among the most successful for the Indian renewable energy sector. The year 2015-16 saw a record capacity addition in both the wind and solar segments, with solar crossing a […]
Indian Institute of Technology, Madras has won the IEEE Spectrum Technology in the Service of Society Award 2017 for its solar-direct current (DC) inverter system. The system uses the micro grid technology, and converts residential […]
Rashtriya Rifles, a branch of the Indian Army, Ministry of Defence, has installed 40 solar light generating sets comprising solar panels, inverters, batteries and LED bulbs in the village of Mathiyanigala in Rajouri district. These […]
The Cabinet Committee on Economic Affairs (CCEA) has approved the closure of CREDA HPCL Biofuel Ltd (CHBL) and Indian Oil – Chhattisgarh Renewable Energy Development Agency (CREDA) Biofuels Limited (ICBL). A JV between CREDA HPCL […]
NTPC has raised Rs 20 billion through the issue of green masala bonds in the overseas market under its $4 billion medium-term note programme. The proceeds of the bonds will be used for financing renewable […]
Infrastructure asset management fund Macquarie Infrastructure and Real Assets, managed by Australia’s Macquarie Group, is in talks with Hindustan Power Projects Private Limited (HPPPL) to acquire 320 MW of its solar power assets for about […]
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