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Solar Subsidies. Is It Time To End Them?

Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […]

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Five Winners in NHPC’s 2 GW Solar Power Projects Tender

Five firms have been declared as winners in the recently concluded auctions for the 2 GW ISTS connected solar projects tender by the NHPC. Five firms have been declared as winners in the recently concluded auctions for the 2 GW interstate transmission system (ISTS) connected solar projects tender by the National Hydroelectric Power Corporation (NHPC). […]

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Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report

According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […]

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106,000 Clean Energy Jobs Lost in March Due to COVID-19: Report

More than 106,000 clean energy workers lost their jobs in the month of March, and more clean energy job losses are projected in the coming months. More than 106,000 clean energy workers lost their jobs in the month of March, and hundreds of thousands more clean energy job losses are projected in the coming months. […]

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IL&FS Completes Sale of its Wind Power Service Amid Lockdown

IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly-owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and […]

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EDPR Secures PPA for its 200 MW Solar Power Project

EDPR has announced that it has secured a 15-year PPA with Ammper to sell the energy produced by the 200 MW Los Cuervos solar PV project. EDP Renováveis (EDPR) has announced that it has secured a Power Purchase Agreement (PPA) with Ammper, a leading supplier of energy services, to sell the energy produced by the […]

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Reinvest 2020, BCD, Mfg. And More- Highlights from MNRE-USISPF Webinar

At a Webinar organised late yesterday evening by the US India Strategic Partnership Forum (USISPF), participants got dollops of reassurance, and an insight into the future for renewable energy in India, including manufacturing, as India’s MNRE sees it, with inputs from key industry leaders. You can read an earlier report on on key issues highlighted […]

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CARE Ratings Report on COVID-19 Impact: Indian Renewable Sector

The global economy has been hit hard by the unexpected outbreak of COVID-19, which has now posed fresh challenges across all geographies and sectors. The renewable energy sector which was already grappling with multiple issues will have to face a new problem of COVID-19. Nevertheless, given government impetus on the renewable sector in the past […]

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Impact of COVID-19 on Operational Projects and Rooftop Solar: Report

COVID-19 has had a limited impact on the operational wind and solar power projects while rooftop solar projects have been the most adversely affected COVID-19 has had a limited impact on the operational wind and solar power projects as it depends on natural resources, i.e. wind and sunlight which has not been disrupted while at […]

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