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MoP Launches Fresh Version of Scheme For Bundling Thermal with Renewable Energy

The Ministry of Power (MoP) has repealed its scheme on bundling thermal/hydro power plants with standalone renewable energy projects, substituting it with a fresh scheme. In November, 2021, MoP issued the ‘Scheme for Flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power’ to comprehensively cover replacement of […]

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Renewable PPA’s In Europe Surge 8.1% QoQ

European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […]

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Taiwan Based Taiya Renewable Energy Announces 4GW Offshore Wind Pipeline

Taiwan based renewable energy developer Taiya Renewable Energy has said that it has increased its portfolio of offshore wind projects to 4GW. The Island state has natural advantages when it comes to offshore wind and wind energy. The company has said that it has identified potential wind resource sites off Taiwan coasts that could add […]

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As Central Asia’s Fossil Fuels Near Expiry, Time To Look At Renewable Energy

Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan and Kyrgyzstan constitute Central Asia. Out of these, the former three are graced with petroleum resources, while the latter two are endowed with water resources. Electricity generation in these countries has, naturally, long relied on their richness in one or the other of the two resources. The downstream countries tend to […]

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EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief

Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […]

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SJVN, BHEL, REMC sign MoU to Develop Renewable Energy for the Railways

Satluj Jal Vidyut Nigam (SJVN) has announced that it has signed a Memorandum of Understanding with other two state owned companies – engineering firm Bharat Heavy Electricals Limited (BHEL) and Railway Energy Management Company (REMC) Limited for the development of renewable energy projects. In an official statement SJVN Chairman and Managing Director (CMD), Nand Lal Sharma […]

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CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI

In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […]

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