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NGEL Invites Bids For Sale Of 100,000 Carbon Credits From RE Project

NTPC Green Energy Limited, a subsidiary of NTPC, has opened bids through a tendering process followed by a forward auction for the “sale of 100,000 carbon credits (VERs) from RE Projects (Wind and Solar) of NTPC Green Energy Limited registered under the VCS (Verified Carbon Standard) Program.”  The tender document states, “The sale of carbon […]

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Q1 Results: ReNew Sees 86% Decline In Net Profits

Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […]

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FY25: Waaree Renewable Looks Forward With 2.4 GW Orders

Waaree Renewable, the EPC arm of the Waaree Group, is now buoyed with a total of 2.4 GW of order book. The company, overwhelmed with its recent orders and its increased interest in government tenders now also expects a plum business for the solar EPC companies in India. The renewable company attributed this to the […]

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SaurEnergy Explains: PEM Vs Alkaline Electrolyser – for Green Hydrogen

Electrolysers are in the news nowadays, pulled out of industrial obscurity by the new Green Hydrogen rush. So SaurEnergy explains gets down to improving our own, and your understanding of these machines that many hope, powered by renewable energy, will break down water to give us green hydrogen.  Electrolysers can range in size from small […]

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Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI

RMI’s recent report highlighted changes in Delhi’s power grid system, which has utilized grid flexibility technologies to manage and mitigate increasing demand peaks in the city. RMI estimates suggest that by 2030, Delhi could reduce 250–1,350 megawatts (MW) of peak demand through air conditioning (AC) demand response (DR) programs. It is estimated that grid flexibility […]

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India May Add 30 GW Of Renewable Capacities In 2024-25

India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […]

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India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL

CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […]

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SJVN Green Energy Issues Land Acquisition Tender In Bikaner

SJVN recently released a tender on behalf of SJVN Green Energy Limited for the outright purchase or lease of up to 2000 acres of land for 28 years near the 765/400/220 kV Bikaner-IV Pooling Station in Rajasthan. This tender was released to set up solar power projects of up to 500 MW. With the last […]

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Change In FDRE Bidding Norms Can Aid RE Growth: EMBER

EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […]

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