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Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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World’s New Power Generation Banking on Sunshine

The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […]

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Cabinet Approval Soon for Rs 50k cr KUSUM Scheme on Solar Farming

We would be able to implement the scheme in first half of this fiscal, says Anand Kumar. The KUSUM scheme may soon get the Cabinet nod by this month end and will be rolled out in the first half this fiscal, a senior official said. On the launch of TERI year book, New and Renewable Energy Secretary Anand Kumar said, […]

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Netherlands Solar Company to Build Solar Power Plant at Moerdijk

Shell noted that the Moerdijk solar power plant, which will boast an approximate peak capacity of 20 megawatts of power, will contribute to the chemical facility’s energy consumption. Netherlands Solar Company, Shell this year plans to begin constructing a solar power plant at its chemicals manufacturing facility in Moerdijk, the company reported. “Developing this solar […]

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Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders

With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […]

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CERC Proposes Levelized Generic Tariff for Select Renewables

Central Electricity Regulatory Commission has proposed a new levelized generic tariff for selected renewable and project specific for solar PV. The Central Electricity Regulatory Commission (CERC) has proposed a new levelized generic tariff for the purchase of electricity from small hydro projects, biomass with Rankine cycle, non-fossil fuel based co-generation, biomass gasifier and biogas based […]

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UNION BUDGET 2017: Shock and Awe for Indian Solar Industry

In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […]

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MNRE is Organizing National Review Meeting for RE on 23rd and 24th January, 2017

State Principal Secretaries/Secretaries dealing with Renewable Energy (RE) and the Heads of State Nodal Agencies (SNAs) for RE to review the implementation of various RE programmes and initiatives Ministry of New & Renewable Energy is organizing National Review Meeting on on 23rd and 24th January, 2017. The review meeting will be of State Principal Secretaries/Secretaries […]

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Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini

Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building […]

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