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Rajasthan’s Cumulative Power Generation Crosses 10 GW

Rajasthan’s Minister of State for Energy (Independent Charge) Hiralal Nagar said that the state’s cumulative power generation has crossed 10 GW. The minister shared the data while speaking before the Rajasthan Legislative Assembly. The minister said that this capacity came through all possible sources of fuels. He also said that the peak hour demand for […]

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ACME Solar To Focus On FDRE, Hybrid Projects, Invest Rs 17k cr

ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts (GW) by 2026, the top management of the company told journalists. In an interaction with reporters, Nikhil Dhingra, CEO of ACME Solar discussed its future roadmap. The company, which was till now confined to vanilla solar projects and […]

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Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL

India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […]

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FDRE Projects Prone To Several Financial Risks, Says EMBER

A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […]

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CERC Adopts tariff For SECI’s 1200 MW Wind Solar Hybrid Projects

In an order dated February 18, the Central Electricity Regulatory Commission has adopted the proposed tariffs for SECI’s  1200 MW Hybrid projects comprising wind and solar energy under Tranche VIII. SECI had issued the letter of awards to the winning bidders on June 20, 2024.  The projects will now await the signing of formal PPAs, […]

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Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers?

Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […]

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Solar Developer Gets Relief At APTEL On SCOD Extension

Solaire Urja Private Limited, a Pune based solar developer appears to have got some much needed relief at APTEL, after the Appellate Tribunal chose to go with the developer’s contention on a case that was gone the other way at CERC. Case Overview: Solaire Surya Urja had gone to APTEL to challenge the order by […]

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News In Brief Feb 5: BrightNight Gets PPA, Amazon Solar Deal, Eco Wave’s Pilot Project In India

BrightNight, Cordelio Power Sign PPA To Supply Renewable Energy To Arizona BrightNight, a global renewable power producer, and Cordelio Power entered into a new power purchase agreement with Arizona Public Service (APS), an electricity provider in Arizona. Under the agreement, APS will purchase carbon-free energy from BrightNight and Cordelio’s Pioneer Clean Energy Center, a hybrid […]

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