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EPO-IEA report: Accelerate Clean Energy Innovation for Carbon Neutrality

While the world’s carbon emissions continue to rise, technological innovation in the clean energy sector is failing to counter them with a good momentum, as per a joint report released by the European Patent Office (EPO) and the International Energy Agency (IEA) yesterday. The report entitled ‘Patents and the Energy Transition: Global Trends in Clean Energy […]

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PowerGrid InvIT’s Rs 7735 Cr IPO to Open at Rs 99-100/Unit Price Band

The PowerGrid Infrastructure Investment Trust (InvIT) has fixed a price band of Rs 99-100 per unit for its Rs 7,735 crore initial share sale, which will open for public subscription on April 29, 2021. The issue will close on May 3, 2021, and the bidding for anchor investors will open on April 28, 2021, according […]

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Over 12.3 GW of Wind-Solar Hybrid Tenders Issued in India Till Date: JMK

India has enormous potential for wind and solar energy. But, due to the intermittent and inconsistent nature of both solar and wind power, the Capacity Utilization Factor (CUF) for standalone solar and wind power plants is low. This issue can be partially resolved by blending the energy generated from the two sources as a hybrid […]

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Solar O&M Gets Set For The Big League In India

As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […]

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CERC Rejects SECI Plea For Adopting Tariffs for 150 MW Rihand Floating Solar Project

The floating solar project at Rihand Dam, where SECI, as the nodal agency had duly completed the auction process to arrive at a price of Rs 3.29 /unit looks set to be further delayed with the central regulator, Central Electricity Regulatory Commission rejecting the tariff adoption plea. The project has been widely touted as India’s […]

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CESC Seeks Solar Power Suppliers To Meet RPO Obligations

CESC, the privately owned discom and power generator that is entrusted with managing power for the city of Kolkata in West Bengal, has advertised for its April to October renewable purchase requirements. RPO’s are considered key to driving demand for solar power, enabling the sector’s expansion. In fact, even as CESC has advertised for its […]

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Solar Crosses 40 GW Mark in India, Renewable Capacity at 94.43 GW

MNRE in its monthly summary to the cabinet for March 2021 has revealed that the installed solar capacity in India has crossed the 40 GW mark The Ministry of New and Renewable Energy (MNRE) in its monthly summary to the cabinet for the month of March 2021 has revealed that the installed and operational solar […]

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At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21

In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […]

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