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Only one-third SECI wind projects commissioned so far

By : Sustainability ..., May 12, 2020

Only about one-third of 6,000 megawatt wind power capacity auctioned by the Solar Energy Corporation of India in four tranches between 2017 and 2018 have been commissioned so far despite their deadlines ending. SECI, the nodal agency through which the new and renewable energy...

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Gujarat: Stalemate over work on solar dome continues

By : Sustainability ..., Mar 16, 2020

There seems to be no certainty regarding resumption of work on the solar dome, one of the showcase projects of the Vadodara Municipal Corporation (VMC) coming up on the Akota-Dandiabazaar road. Work on the project was stopped on January 27 after the large bamboo scaffolding...

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New Energy Nexus and cKers Finance grow partnership to build new distributed solar segments in India

By : Sustainability ..., Mar 11, 2020

SAN FRANCISCO– March 10, 2020– The financial innovation program of New Energy Nexus announced that it is increasing its exposure in India by investing in the cKers Finance Sustainable Energy Bond (SEB). “The falling cost of solar technology is...

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Tangedco open to reviewing need for new coal projects

By : Sustainability ..., Mar 3, 2020

Tamil Nadu’s state-owned electricity generation and distribution company, Tangedco, is open to reviewing the need for new coal-fired projects, if there is a clear trend showing that the cost of energy from ‘solar plus storage’ plants is lesser than that of coal. “We are...

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Actis buys 600 MW Acme solar assets for Rs 3,000 cr

By : Sustainability ..., Feb 28, 2020

Global emerging market fund Actis has acquired solar energy assets of 600 megawatt capacity from Acme Cleantech Solutions in a deal worth Rs 3,000 crore, said two people aware of the development. Actis outbid Canadian fund Brookfield to strike a deal with one of the largest...

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In a world-first, India’s dozen major ports now run fully on renewable energy

By : Sustainability ..., Feb 12, 2020

The dozen state-owned major ports in the country have switched to renewable energy to meet their entire power requirements, making India the first nation to have all government-owned ports running on solar and wind energy. Under a ‘green port’ initiative, the Shipping...

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India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI

By : Sustainability ..., Feb 11, 2020

According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the 77 GW capacity it had reached at the end of 2019. “Notwithstanding the various operational and financial challenges and growing...

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Kolkata: Solar panels on depot roofs to charge e-buses

By : Sustainability ..., Feb 10, 2020

The West Bengal Transport Corporation (WBTC) is set to generate power through solar panels on depot roofs to recharge its electric vehicles. The Energy and Resource Institute (TERI) has conducted a study and found significant savings in annual electricity bills. In a study at...

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Maharashtra: MSEDCL proposes astronomical GSC for solar rooftop

By : Sustainability ..., Jan 16, 2020

Even as solar rooftop consumers were celebrating the relief given to them by Maharashtra Electricity Regulatory Commission (MERC), MSEDCL has dropped a bombshell. It has proposed astronomical grid support charges, which will make solar power costlier than its own power.

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Green developers in AP lost Rs 1,400 cr since August

By : Sustainability ..., Jan 10, 2020

Renewable energy developers have lost revenue of Rs 1,400 crore due to curtailment of wind and solar power in Andhra Pradesh since August last year, said industry executives. “Out of the 7,307 mw of renewable energy installed in Andhra Pradesh, 20-25% of solar power and 50-60...

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