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Inability to Forecast is not the Disability of Regulation

With openly accessible documents/regulations/ on Deviation Settlement Mechanism (DSM), due to forecasting and scheduling (F&S) of wind and solar power generation at different SLDCs like Punjab, Haryana, U.P., A.P., Telangana, Tamil Nadu, Rajasthan, Madhya Pradesh, Chhattisgarh, Gujarat (Mock-trial), it is surely that the forecasting of the variable generation is under litmus-test. The F&S of solar […]

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Hindustan Zinc’s Pilot Floating Solar Plant Expected in 2-3 Months

Hindustan Zinc, a group firm of the Vedanta Group, is close to achieving commissioning on its very first floating solar power plant. In an investor brief, the Vedanta said it is focussing on renewable energy and its group firm Hindustan Zinc plans its “first pilot floating solar to be completed in next 2-3 months.” The plant will […]

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Azure Power Announces 29% Gain in Revenue For FY 2018-19

Total revenue for Azure Power during the year was Rs 992.6 crore, up by 29% from Rs 770 crore during last year. Azure Power, a leading independent solar power producer in India, has announced its consolidated results and revenue for the fiscal fourth quarter and year ended March 31, 2019. The company generated a revenue […]

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MNRE Roots for Robots To Reduce Water Usage at Solar Plants

In an effort to reduce water usage in solar plants, the Ministry of New and Renewable Energy (MNRE) has asked the states and the solar industry to “preferably” use robotic cleaning and other new technologies for cleaning solar panels. “The excess usage of water, sometimes, leads to wastage of the precious resource and it can […]

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ISA Invites Bids For Development of Solar PV Projects in Member Countries

The International Solar Alliance (ISA), a treaty-based inter-governmental organisation which specialises in implementing programmes in the field of solar energy has invited bids for the development of solar PV projects including rooftop PV solar capacity in its member countries. The organisation issued a call for bids after receiving a proposal from state-owned power generator NTPC […]

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NTPC Granted Electricity Trading License by CERC

CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […]

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Cost of Renewable Power Dropped to a Record Low in 2018: Report

The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […]

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CERC Drafts Outline For Power System Development Fund

The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […]

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Adani Solar Aiming For 50% Market Share by 2021

Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […]

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