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energy price

Is Maharashtra Ready For Renewable Only Capacity Creation?

The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of Indias top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal []

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RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh

Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the []

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Unlikely That India Will Match Record-Low Gulf Solar Tariffs: Report

A new report finds it is unlikely that India will be able to overtake the Gulf region to provide the worlds cheapest solar power in the near term. A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able []

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The Triple Challenge Dragging Down Solar In India

On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on Indias solar and wind sector. Titled simply as Report of Under Construction Renewable Energy Projects, the bland title laid bare []

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TERI Makes the Case for Rs 40 Lakh Crore Green Stimulus

TERI has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in green energy projects over the next 10 years The Energy and Resources Institute (TERI) has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in clean energy projects over []

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Solar Additions Down 64 Percent Q-o-Q in Q2 2020: Bridge to India

India added just 351 MW of solar power generation capacity in Q2 2020, down sharply at 64 percent QoQ due to COVID related constraints. India added just 351 MW of solar power generation capacity in the second quarter of the fiscal i.e. Q2 2020, taking the total installed capacity to 38,377 MW by June 30, []

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ReNew Power and UNEP Partner up to Promote Increased Access to RE

UNEP has signed a partnership agreement with ReNew Power to promote increased access to renewable energy and improved energy efficiency in India The United Nations Environment Programme (UNEP) has announced that it has signed a partnership agreement with one of Indias largest independent renewable energy companies ReNew Power to promote increased access to renewable []

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Portugal Braces to Break 1 Rupee Tariff Barrier In Bids

Portugal, which held the title of the worlds lowest Tariffs at Rs 1.22 ($16.54/Mwh) approximately after the first round of its solar auctions last year, is set to break the 1 rupee barrier in the second round of auctions, results for which are to be announced today. The earlier record had been eclipsed by Qatars []

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Both Growth and Evolution Hand in Hand in Lithium Storage

A report by energy analyst firm Wood Mackenzies has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main []

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