As India moves ahead towards its net zero goals with plans to decarbonise the energy sector, accelerated renewable energy deployment assumes vital importance. However, to bring about a complete transition to clean energy, just stand-alone […]
Hindustan Zinc will procure 530 MW of round-the-clock (RTC) power from Serentica Renewables’ projects under a group captive arrangement. Hindustan Zinc will invest Rs 3.27 billion in Serentica and its affiliates, to acquire a 26 […]
By Debmalya Sen, Lead – Advanced Energy Solutions, World Economic Forum India has set for itself the ambitious targets of meeting 50 per cent of its energy demand using renewable sources and achieving 500 GW […]
In a recent interview with Renewable Watch, Akshay Hiranandani, chief executive officer, Serentica Renewables, shared his views on the current state of the renewable energy sector, as well as the company’s achievements and key focus […]
By Jayati Arora A transparent competitive bidding mechanism has been critical in driving India’s renewable energy growth and attracting large investments in this sector. With 144 GW of installed renewable energy capacity, the country has […]
The Union Minister for Power and New and Renewable Energy has established the framework for implementing the viability gap funding programme, aimed at developing battery energy storage systems (BESS) with a capacity of 4,000 MWh. […]
By Sarthak Takyar India maintained its renewable energy growth momentum in 2023. The sector witnessed several positive policy and industry developments, laying the groundwork for promising growth in the coming years. This article outlines the […]
By Khushboo Goyal The clean energy landscape is rapidly changing, with major capacity additions, technology advancements and evolving market dynamics. India’s non-hydro renewable energy installations have crossed 130 GW as of October 2023, and as […]
Bharat Heavy Electricals Limited (BHEL) has issued a request for proposals (RfP) to purchase 90 million units (MUs) of round-the-clock (RTC) clean power per year on a long-term basis. The purchased power will be delivered to […]
Tata Power Renewable Energy has been granted a letter of award to build a 966 MW hybrid renewable power plant for Tata Steel through its subsidiary, TP Vardhaman Surya. The RTC hybrid project will have […]
The Adani Electricity Mumbai Limited (AEML) has requested bids for 1,500 MW of round-the-clock (RTC) power from grid-connected renewable energy projects, supplemented by firm power from any other source. The total capacity of 1,500 MW […]
Gurgaon, December 16, 2022: ACME Group has forayed into the wind power business and signed a power purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL). At present, ACME operates solar power plants in 12 […]
The renewable energy sector in India has been transforming at a rapid pace. The industry is evolving from standalone utility-scale wind and solar projects to round-the-clock (RTC) power projects by integrating different technologies and battery […]
As the Indian renewable energy sector matures and evolves, the focus of the government has shifted to building capabilities in emerging areas of growth such as green hydrogen, solar-wind hybrids and round-the-clock (RTC) power. Rajat […]
By Sarthak Takyar Policymakers have been proactive in introducing policies and regulations in the renewable energy space. They have been working extensively on all renewable energy segments to achieve the ambitious goals that have been […]
The renewable energy sector has witnessed a number of innovative policy initiatives to promote uptake. A key initiative to resolve the issue of intermittency in renewable energy and promote grid stability has been to shift […]
The Ministry of Power (MoP) has announced amendments in the guidelines for tariff based competitive bidding process to procure round-the-clock (RTC) power from grid-connected renewable energy projects. These guidelines were initially launched in July 2020 […]
The Ministry of Power has recently notified Amendments to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Round-The Clock Power from Grid Connected Renewable Energy Power Projects, complemented with Power from any […]
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