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Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector

“If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […]

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Secret to Hit 40GW

Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […]

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Ingot Carving the Future

Silicon is the most abundant solid element on earth; it makes up more than 25% of the earth’s crust. However, it rarely occurs in elemental form, virtually all of it is existing as compounds. Solar cells are made from silicon boules, polycrystalline structures that have the atomic structure of a single crystal. The most commonly […]

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Hope for Micro Grids

While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […]

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VIZ-A-VIZ with HARTEK SINGH, Chairman & Managing Director | Hartek Group

Q. FM Arun Jaitely in presenting Budget for 2017 announced decrease in customs duty on solar energy panels. What type of impact do you see in the solar industry, will this year witness strong development of solar projects in the country? Does the budget looks sunny for the EPC players? The basic customs duty on […]

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Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India

Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […]

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India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal

“India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […]

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Waaree Energies to raise $100 million: Report

“Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […]

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