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Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry

The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators.  The data reveals that at the end of […]

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British Intl Invt invests $89 M to scale renewable energy in India

British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […]

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Karnataka Renewable Energy Policy Approved By State Cabinet

The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […]

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Bulgaria May Add 4.9 GW of Renewable Energy by 2031

According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […]

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Global wind & solar power growth on track to meet climate targets: report

Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […]

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Milky Mist Dairy commissions 7 MW solar power plant in Tamil Nadu

Tamil Nadu-based dairy products manufacturer Milky Mist Dairy has commissioned a 7 MW solar power plant at Kavilipalayam village in the city of Erode on March 21, seeking to itself as the forerunner in environmental sustainability. Milky Mist, with an annual turnover of Rs 1,100 crore, has embarked on switching over to renewable green energy […]

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Renewables Face An Oil Slick

A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […]

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Half of Coal Mines in Turkey Could Power 7 Million Household With Solar Power

A new report ‘Solar Potential of Coal Sites in Turkey’ by campaign group – Europe Beyond Coal – has revealed that more than half of the coal mines of Turkey are suitable for conversion into solar power farms. The coal mines, most of which are open cast mines and the improvement in solar technologies and […]

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