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solar generation

India plans to establish 500 GW of RE capacity by 2030: MNRE Secretary

India is planning to add 500 GW of renewable energy to its electricity mix by 2030 according to MNRE secretary Aanand Kumar. Speaking at the 17th meeting of International Renewable Energy Agency (IRENA) Council being held in Abu Dhabi, the MNRE Secretary said, “India would have installed 175 GW of RE capacity by 2022 without […]

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EVs Emit 67% Less than Conventional ICE Vehicles: Report

A new report has revealed that an EV can generate up to 67% less GHG emissions than ICE car on a well-to-wheel basis but the location is a crucial factor. A new report has revealed that a typical mid-size electric vehicle (EV) can generate up to 67 percent lower greenhouse gas (GHG) emissions than a petrol-driven internal combustion engine (ICE) […]

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Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur

Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […]

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Government Stressing on Infrastructure and Electric Vehicles: President

In his address to Parliament, President Kovind said the government’s endeavour is to lay a strong foundation for urban infrastructure that will encourage employment generation. Terming infrastructure as pivotal in propelling prosperity and growth, President Ram Nath Kovind said the government’s endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a […]

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FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects

Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […]

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Global Investments in Renewable Energy Hit $288 Billion: BNEF Report

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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Greenspur’s Permanent Magnet Generator Could Unleash 25 MW Offshore Turbines

A permanent magnet generator concept, developed by Greenspur Renewables, could open the door for engineers to design giant 25MW offshore wind turbines. A new-generation direct-drive permanent magnet generator (PMG) concept, developed by British start-up Greenspur Renewables, could potentially open the door for engineers and developers to design giant 25MW offshore wind turbines. The concept design […]

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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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