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NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD

Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […]

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Solar PV Concentration In Few States Not Healthy, Hints IIT Study

A latest study undertaken by the researchers at the Indian Institute of Technology (IIT), Kharagpur, hinted that the current trend of concentration of solar power projects in certain Indian states was good for the growth of the sector. The report, co-authored by Saikat Ghosh, Jatindra Nath Roy and Chandan Chakraborty, analyzed the merits of geographical diversification of […]

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Five Indian States Account For 75% of Solar Module Manufacturing

India is rapidly expands its solar module manufacturing capacity, with Gujarat, Uttar Pradesh, Telangana, Maharashtra, and Karnataka taking a lion’s share. An analysis of the latest ALMM list of the Ministry of New and Renewable Energy (MNRE) by Saur Energy hinted at this trend. It claimed that around 75 percent of India’s solar module manufacturers […]

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ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations

On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […]

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Andhra Biggest Beneficiary in India Under Ujala Scheme 

The latest data furnished by the Minister of Power RK Singh claimed that Andhra Pradesh is the biggest beneficiary of the Union government Ujala scheme. This scheme is meant for promotion of energy-efficient LED street lights in the country. The data indicates that Andhra Pradesh tops the list with the highest number of installed LED street […]

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MNRE Releases Revised Strategy for Establishment of Offshore Wind Energy Projects

The revised strategy for establishment of offshore wind energy projects has been chalked out and released recently by the MNRE (Ministry of New & Renewable Energy). Preliminary studies carried out by NIWE across the coastline of India indicate good potential both off the southern tip of the country and the West coast for offshore wind […]

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As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges

China  continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it  contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […]

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Navigating the Evolving Green Mobility Landscape Post FAME-II Subsidy Reduction

The Indian electric vehicle (EV) industry has witnessed significant growth and transformation in recent years, propelled by government initiatives like the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. However, the recent reduction in FAME-II subsidies has sparked discussions and raised questions about the impact on original equipment manufacturers (OEMs) and the overall green […]

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