The cost of capital (CoC) is a crucial driver of total costs and determines the cost of electricity from renewable power generation technologies. However, the absence of reliable, up-to-date and differentiated CoC data for individual […]
The Ministry of Power (MoP) has issued guidelines for a tariff-based competitive bidding process to procure firm and dispatchable power from grid-connected renewable energy projects with energy storage devices. The aim of the guidelines is […]
The Government has decided to grant waiver of ISTS charges to offshore wind projects and extend the waiver to green hydrogen/green ammonia. Offshore wind: As per the notification issued by Ministry of Power, a complete […]
PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC) has requested proposals to design an interstate transmission system (ISTS) to evacuate 7 GW of power from the Khavda Renewable Energy Park. According to the […]
Saint-Gobain has signed a power purchase agreement (PPA) in India with Vibrant Energy, a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). The collaboration intends to provide wind-solar electricity to six local Saint-Gobain […]
The union power and new and renewable energy minister, Mr R K Singh chaired a meeting with the industry and other stakeholders in New Delhi on green energy open access rules. The meeting was held […]
Acciona Energía, a subsidiary of a Spanish infrastructure company Acciona, has signed a ten-year power purchase agreement (PPA) with Grupo Violas, a Portuguese firm. Under the PPA, Acciona Energía will supply 55,000 MWh of green […]
The Gujarat Urban Development Company (GUDC) has requested bids for the establishment of 2 MW solar projects across six Gujarat urban local bodies (ULB). The estimated cost of the project is 154.64 million. According to […]
Vedanta Limited has invited expression of interests (EOI) for an additional 500 MW of renewable energy. The company has set a target to achieve 2.5 GW of renewable energy for its operations by 2030. The […]
In a major development, the Electricity (Amendment) Bill, 2022 was introduced in the Lok Sabha on August 8, 2022. The bill proposes crucial amendments to the Electricity Act, 2003, the principal act governing the Indian […]
Solar Energy Corporation of India (SECI) has issued a request for proposals for supply of 2.25 GW renewable energy round-the-clock (RTC) power complemented with power from any other source or storage as its RTC Tranche […]
The recent report of NITI Aayog and RMI on Harnessing Green Hydrogen – Opportunities for Deep Decarbonisation provides ten actionable steps that can guide a National Action Plan on Green Hydrogen. A detailed roadmap focused on all […]
India is rushing to meet its clean power goals of 500 GW of non-fossil fuel based power capacity by 2030, with timely policy interventions and well-planned auctions, but its renewable energy growth significantly depends on […]
India’s Ministry of Power has informed that India and Maldives plan to set up a transmission interconnection to facilitate the transport of renewable energy between the two countries. The proposal was discussed during the meeting […]
The renewable energy sector is set for a massive leap in India. With the ambitious target of 450 GW of non-fossil fuel-based energy capacity by 2030 and zero carbon emissions by 2070, the sector is […]
Microgrids are small, localised grids that produce, distribute and consume electricity. They have the autonomy to disconnect from the traditional grid to operate independently. Microgrids can utilise different forms of energy sources including, but not […]
ReNew Power, established in 2011, commenced operations with a 25.2 MW wind power project in Jasdan, Gujarat. Since then, the company has grown rapidly, backed by strong investors, and has emerged as one of India’s […]
At the inauguration of the third edition of the Global Renewable Energy Investment and Expo (RE-Invest), Prime Minister Narendra Modi spoke about the government’s mission and plans in the renewable energy space. Excerpts from his […]
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