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Acme, Inox explore exit from renewable energy projects won at record low tariffs

By : sustainabilityo..., Aug 28, 2017

Acme Group and Inox Group that bid the country’s lowest solar and wind tariffs respectively this year now plan to exit the projects, said several people aware of the development.

Inox Wind Infrastructure Services Ltd bid Rs3.46 per kilowatt-hour (kWh) to win a 250...

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MNRE to states: Uncertainty on PPAs may hit new wind projects

By : sustainabilityo..., Aug 25, 2017

India’s wind energy programme will be choked for two years and the momentum of the country’s ambitious programme for renewables severely hit because distribution companies have “practically stopped” signing fresh power purchase agreements, the Central government said in a...

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Subject Tags: power sector , Wind Energy

Engie in talks with AST to provide off-grid power to telcos, banks

By : sustainabilityo..., Aug 25, 2017

French energy company Engie SA is in talks with Delhi-based Applied Solar Technologies (AST) for a partnership to provide off-grid power to the telecom and banking sectors. 

AST’s solar hybrid solution model uses a combination of solar photovoltaic cells, battery back-...

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Chinese solar module firms reneging on India contracts

By : sustainabilityo..., Aug 24, 2017

In what has come as a shock to India’s solar power developers, Chinese module manufacturers are reneging on their contracts and are demanding an upward price revision to supply the equipment already contracted for, said several people aware of the development.


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States producing wind energy asked to ensure regulatory nod for power purchase agreements

By : sustainabilityo..., Aug 23, 2017

The Centre has asked wind energy-producing states to ensure regulatory approval of power purchase agreements (PPAs) signed when tariffs and equipment costs were higher, and use special powers under the Electricity Act to issue directions to autonomous regulators in public...

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IIT Madras turbine may generate power from ocean waves

By : sustainabilityo..., Aug 23, 2017

A team of 25 faculty members and students from the ocean engineering department in Indian Institute of Technology Madras have begun testing a prototype of a turbine they have developed which converts wave energy into electricity. The ‘impulse’ turbine works with a...

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International Solar Alliance to be ratified multilateral agency of UN by Dec

By : sustainabilityo..., Aug 22, 2017

The International Solar Alliance is likely to be a recognised multilateral agency of the United Nations by this year end. Speaking at 8th World Renewable Energy Technology Congress, Minister of State (Independent Charge) Coal, Power, New and Renewable Energy and Mines, Piyush...

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Russia’s Rosatom eyes Inox’s wind turbine manufacturing business

By : sustainabilityo..., Aug 21, 2017

Russia’s Rosatom State Atomic Energy Corp. is exploring an investment in Inox Group’s wind turbine manufacturing business, said two people aware of the development.

The Russian government company’s interest in India’s second largest wind-turbine maker by market share...

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Indian thrust on renewables will affect thermal projects: CEA

By : sustainabilityo..., Aug 18, 2017

Overemphasis on renewable energy would result in reducing viability of coal-fired thermal power plants in India, adding to the massive non-performing assets (NPAs) of state-run lenders, Chief Economic Adviser (CEA) Arvind Subramanian said on Thursday.

"Rapid changes in...

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Subject Tags: power sector

Cabinet apprised of India-Spain renewable energy MoU

By : sustainabilityo..., Aug 17, 2017

The Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable energy. The MoU was signed on May 30 in Madrid, Spain this year.

The MoU will help in strengthening bilateral cooperation between the two...

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