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MNRE Asks States to not Halt Payments for RE GeneratorsBy : Sustainability ..., Apr 3, 2020
The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis as was being done prior to the lockdown”. The MNRE on April 1, 2020, wrote to all states and electricity... Read more.. |
COVID-19 and Indian PV: Energy demand plunge could indirectly boost C&I solarBy : Sustainability ..., Apr 3, 2020
The 20% reduction in energy demand seen in India due to the COVID-19 lockdown could draw out favourable conditions for solar firms working in the commercial and industrial (C&I) sector, according to a prominent Indian developer. Along with national energy demand... Read more.. |
Covid-19 lockdown: States stop renewable power purchase, hold back paymentsBy : Sustainability ..., Apr 2, 2020
Following the lockdown and fall in electricity demand, several states are now curtailing renewable power purchases and have also issued notices on non-payment to generators. These states have invoked Force Majeure clause in their power purchase agreements (PPA) with renewable... Read more.. |
Centre extends deadline for all renewable energy projects amid nationwide lockdownBy : Sustainability ..., Mar 27, 2020
In a relief for India’s green energy sector, the Union government on Thursday extended the project completion deadline for all renewable energy projects, considering the prolonged nationwide lockdown and the time required to reassemble workers. The move shields these... Read more.. Subject Tags: coronavirus , Government of India , renewable energy projects , renewable energy sector |
COVID-19: Renewable industry gives thumbs up to MNRE notification on free passage of material, staffBy : Sustainability ..., Mar 27, 2020
Renewable energy (RE) players have given a thumbs up to the latest notification by the ministry of new and renewable energy asking states to allow movement of material and staff to ensure continuous renewable power generation following the nationwide lockdown. “While it is... Read more.. Subject Tags: coronavirus , Ministry of New & Renewable Energy (MNRE) , power demand , renewable energy sector |
Coal capacity pipeline declines in India, new coal projects continue to be addedBy : Sustainability ..., Mar 26, 2020
On the brighter side, a staggering 47.4 gigawatt (GW) coal-fired power projects at different stages were cancelled in the country last year. On the darker side, 8.8GW of new coal-fired capacity has entered the under-construction phase, all of which is reliant on significant... Read more.. |
Green energy’s $10 trillion revolution faces oil crash testBy : Sustainability ..., Mar 11, 2020
In 2014, when the price of oil last crashed, the world’s governments had no agreement in place to fight climate change. The following year leaders signed the Paris accord. Green investments have soared since then. Some $1.2 trillion has been poured into renewable energy, and... Read more.. |
Crisis at Yes Bank limits green financing avenuesBy : Sustainability ..., Mar 9, 2020
There seems to be a ‘perfect storm’ brewing in India’s clean energy space. Already spooked by the spectre of Covid-19 impacting project commissioning schedules and the government’s move to raise import tariffs on equipment, developers now say the situation may be exacerbated... Read more.. |
In push for neighbourhood-first policy, India plans a common electricity marketBy : Sustainability ..., Mar 6, 2020
The Union government plans to set up a regional grid that will be leveraged to create a common electricity market for nations in India’s neighbourhood, said power and new and renewable energy minister Raj Kumar Singh. The proposed market, which will include Myanmar, Sri Lanka... Read more.. |
Power Minister dedicates 11 renewable energy management centres to nationBy : Sustainability ..., Mar 2, 2020
Power Minister R K Singh on Friday dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. Singh also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a function here. "On the occasion, the... Read more.. |