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renewable energy in india

Rooftop solar units from third party costs 40 percent cheaper than DISCOMs

Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […]

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Piyush Goyal to release 3 reports today at ‘Empowering the Grid to meet Future Challenges’

Power Grid Corporation of India Ltd. (PGCIL) is organizing an event ‘Empowering the Grid to meet Future Challenges’ in National Capital where the Renewable Energy Minister, Piyush Goyal is expected to release three reports. The three reports include ‘Renewable Energy Integration: Transmission, an Enabler’ and ‘Green Energy Corridors – II’ and ‘Electricity Demand Pattern Analysis’. […]

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GARV-II Mobile App to track Rural Household Electrification and Citizen Engagement Window ‘SAMVAD’ Launched

Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Tuesday launched the ‘GARV–II’ App, as the next step in Government of India’s aim to provide access to electricity to all households in the country. The ministry notes that  under this module, village–wise and habitation–wise base line data on household electrification for all States has been […]

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UPERC confers Dayalbagh Educational Institute with recognition for harnessing solar power

The Dayalbagh Educational Institute (DEI) has received recognition from the Uttar Pradesh Electricity Regulatory Commission for its work in harnessing solar power and spreading awareness among students about saving energy. The university has been successful in meeting a major portion of its own electricity demand and distributes its surplus energy to local colonies in Dayalbagh. […]

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Gujarat’s Position Trips to Third in Solar Power Generation Capacity

After losing its top rank to Rajasthan last year, Gujarat has now slipped further to end at third position in commissioned solar power capacity. Rapid capacity addition by Tamil Nadu helped the state to topple both Rajasthan and Gujarat from their respective top ranks. According to the MNRE, Tamil Nadu has topped the list with […]

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Fitch assigns BBB- to IREDA’s issuer default ratings

Fitch Ratings today said it has assigned BBB- to long-term foreign and local currency issuer default ratings on Indian Renewable Energy Development Agency with a stable outlook. “Fitch Ratings has assigned Indian Renewable Energy Development Agency Ltds (IREDA) long-term foreign and local currency Issuer Default Ratings (IDR) of BBB- and short-term IDR of F3. The […]

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Amaranto Group signs an agreement with CPEC Ananta to build 200MW solar PV projects: Report

Amaranto Group has reportedly signed a joint venture agreement with Mumbai-based solar developer CPEC Ananta to build 200MW of solar projects across India in next four years. Rodolfo Bigolin, managing partner and chief executive of Amaranto Global Asset Management, speaking to PV Tech said “the firms currently have two projects with a combined capacity of […]

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