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1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC

OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […]

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MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level

The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […]

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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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Orient Cement Goes With AMP Energy For Captive Renewable Generation

Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […]

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Vietnam’s Position as Leading Wind Market in Southeast Asia is Under Threat: GWEC 

The Global Wind Energy Council (GWEC) appreciates the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed reduction to the FIT risks damaging the growth of Vietnam’s promising wind power sector by slowing down investment, the creation of new […]

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Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […]

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Energy Storage Market in the US Breaks Records in Third Quarter: Report

A new report has revealed that 476  MW of energy storage capacity were  deployed in the US in the third quarter of 2020, setting a new record A new report has revealed that 476  megawatts (MW) of storage were  deployed in the US in the third quarter of 2020, an increase of  240 percent over […]

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ADM Capital Launches Emerging Asia Renewable Energy Debt Fund

ADM Capital has received a USD 100 million seed commitment from AIIB to launch a new Asia-focused debt fund dedicated to renewable energy Hong Kong-headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment – ADM Capital has announced that it has received a USD 100 million seed commitment from the Asian […]

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Small Hydro At Re-Invest 2020 Strives To Stay Relevant

Caught between low cost solar power and wind, and the huge displacement and other environmental concerns of large hydro projects, small hydro tends to get missed out by policy makers. Especially as most potential here is limited to the hill states of Himachal especially, besides Uttarahand and now, Arunachal Pradesh. At RE-Invest 2020 though, where […]

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