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Change-in-law payments a Rs 4,000 crore booster for renewable energy sector: CRISIL

By : Chetanya Mehra, Aug 5, 2020

The commencement of change-in-law payments...

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Subject Tags: Renewable Energy

Tata Power to raise green energy portfolio to 50% with focus on renewables

By : Chetanya Mehra, Aug 4, 2020

Tata Power will focus on the renewable front for future growth, and it aims to raise its green energy portfolio to 50 per cent. Its growth would be concentrated on renewables, distribution and...

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EU state aid regulators okay Irish renewable power scheme

By : Chetanya Mehra, Jul 21, 2020

EU state aid regulators cleared on Monday an Irish scheme to produce electricity from renewable...

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Subject Tags: Renewable Energy

Renewables to contribute 21 per cent of electricity demand in India in 2021-22: RK Singh

By : Sustainability ..., Feb 7, 2020

Renewable energy sources are expected to account for around 21 per cent of electricity demand in 2021-22, Power Minister R K Singh said on Thursday. "As per Central Electricity Authority's National Electricity Plan, contribution of renewable energy sources is estimated to be...

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Total to buy 50% stake in Adani solar unit for $510 million

By : Sustainability ..., Feb 7, 2020

Adani Green Energy (AGEL) said on Thursday that Total SA has signed a binding agreement wherein the French energy giant will invest $510 million to acquire 50% stake in the upcoming unit which will house AGEL’s 2,148 megawatt (MW) of currently operational solar projects. The...

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Ceiling tariff in wind energy tenders to go

By : Sustainability ..., Feb 7, 2020

In a move that could revive participation in wind bidding in a big way, the ministry of new and renewable energy (MNRE) plans to stop imposing ceiling tariffs on wind tenders, according to sources close to the development. Recent wind and solar auctions conducted by the Solar...

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Renewable energy: 7592 MW commissioned in first 9 months of FY 2019-20

By : Sustainability ..., Feb 5, 2020

India’s renewable energy capacity addition in the year 2019-20 is likely to exceed year 2018-19’s 8532.22 MW. The country has already commissioned renewable energy capacity of 7591.99 MW up to December in the year 2019-20. Another 34,160 MW is under various stages of...

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Energy startup gets funding

By : Sustainability ..., Jan 29, 2020

Native Angel Network, an investor in native startups, has invested in a Bengaluru-based renewable energy startup, Carbon Masters. Native Angel Network, an arm of Madurai-based Nativelead Foundation, had last year invested Rs 65lakh in a city-based startup, ‘VilFresh’, which...

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3 developers call off NTPC’s solar contracts  over regulatory delays

By : Sustainability ..., Jan 29, 2020

Solar power contracts of three major power plant developers with state-run NTPC Ltd have been cancelled due to delays in regulatory approvals, potentially disrupting India’s clean energy trajectory by knocking 1,400MW off it. These firms had participated in what was the first...

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Budget 2020: Renewable energy Industry demands GST restructuring, smooth clearances

By : Sustainability ..., Jan 29, 2020

With this year’s Union Budget scheduled to be tabled on 1 February 2020, renewable energy industry’s expectations are high and all eyes are on Finance Minister Nirmala Sitharaman making big bang announcements for the sector. While a majority of the industry stakeholders...

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