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Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030

The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […]

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Unplanned Solar Plant Repairs Worth $16 bn by 2024

Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […]

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Acme and Adani Make the World’s Top 10 Solar PV Asset Owners List

According to Wood Mackenzie’s inaugural global solar asset ownership ranking, ACME and Adani have made the cut for the world’s top 10 According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China), the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, […]

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The Role of Solar PV in an Urban Heat Action Plan

By: Mohua Mukherjee The India Meteorological Department (IMD) has established that the frequency and severity of heatwaves, and a resultant high number of preventable deaths due to heat-stroke, have risen significantly in India over the last three decades.In India this summer of 2019, the IMD has already reported heat waves across Delhi, Gujarat, Haryana, Madhya […]

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IREDA Gets Approval for IPO. Will it be Second Time Lucky?

The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The  final regulatory approval clears the way to the much awaited  initial public offering (IPO) for the state owned firm. While the firm had last targeted […]

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High Financing Cost Biggest Part of Renewable tariffs-CEEW

New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW,  a respected organisation in the space, serves to […]

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Total Begins Construction of 3rd Solar Plant in Japan

Total Solar International has announced the start of the construction of the company’s 52 MW Miyagi Osato Solar Park in Japan. Total Solar International, a wholly-owned subsidiary of the Total Group, dedicated to utility-scale solar plants, has announced the start of the construction of the company’s Miyagi Osato Solar Park, a large-scale solar plant of […]

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Delhi Discoms Penalised for Defaulting on RPOs

DERC has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on their RPOs Delhi’s power regulator, the Delhi Electricity Regulatory Commission (DERC) has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each […]

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MNRE Nudges CPSEs to Give Priority to Renewable Energy Investments

CPSEs have been asked by MNRE to prioritise renewable energy projects in their investment plans, as part of larger efforts to reduce carbon emission. All central public sector enterprises (CPSEs) have been asked by the Ministry of New and Renewable Energy (MNRE) to prioritise renewable energy projects in their investment plans, as part of larger efforts […]

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