Page 9 - Renewable Enrgy

RE capacity hits 2 GW with operation of Floating Solar project: NTPC

Spread over a 480-acres reservoir, this floating solar project would generate electricity from more than 3 lakh solar PV modules

Renewable energy auctions to attract large developers: IEEFA Report

Large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022

Open access: A game changer for green energy?

While India's target for 2030 is 500 GW of non-fossil generating capacity, the present grid connected installed capacity (including large hydro) is about 165 GW

Taxing times for solar power as govt frowns at imports, pushes local

A new tax on solar equipment imports plus mandatory purchase of local modules will raise costs significantly and dim the outlook for meeting green energy targets

Centre permits green open access for smaller electricity consumers

Threshold brought down to 100 kW from 1 Mw; open access allows consumer to buy power from a source of its choice

India's power crisis deepens as policy issues eclipse rooftop solar

A streamlined policy could have helped save coal reserves, cut emissions & averted embarrassment of dealing with frequent power crises

Sri Lanka to implement renewable energy generation plan from June 1

Preparations are being made to search for roof spaces in order to install solar panels on industrial, government, hospital, and hotel roofs

SJVN bags 90 MW floating solar project worth Rs 585 crore in Madhya Pradesh

State-run SJVN Ltd has bagged a 90 MW floating solar project worth Rs 585 crore at Omkareshwar, in Madhya Pradesh. SJVN has bagged 90 MW Floating Solar Project at the rate of Rs 3.26/Unit on Build Own and Operate basis in a tender floated by REWA Ultra Mega Solar Ltd (RUMSL), Nand Lal Sharma, Chairman & Managing Director, SJVN said in a statement. SJVN will develop this project in the country's largest floating solar park at Omkareshwar in Khandwa District of Madhya Pradesh. According to the statement, the cost of developing this project will be approximately Rs 585 crore. After commissioning, the project will generate 219 Million Units in the first year and 5,158 Million Units over a period of 25 years. The Power Purchase Agreement will be signed between RUMSL and SJVN for 25 years. The project shall be commissioned within a period of 15 months from the date of signing of PPA. "This is our largest floating solar project bagged through tariff-based competitive bidding process.

India adds 13.5 GW of renewable capacity in FY22, 12% higher than last yr

India added 13.5 GW of renewable energy capacity in 2021-22, which is 128 per cent higher than that in 2020-21, a statement said on Thursday.

India's first portable solar rooftop system unveiled in Gandhinagar

The installation of 10 PV Port systems in the temple complex has been supported by the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ), a statement said

Suzlon Energy plans to raise about Rs 3,000 crore to refinance debt

The company is looking at refinancing in order to streamline the lenders, avail better terms from restrictions on cash usage, and bolster growth of the business

Govt in discussion with World Bank on framework for coal mine closure

Coal Additional Secretary M Nagaraju said the government is committed to ensuring that mines are properly and scientifically closed for the benefit of the society

Solar cells import jumps to $3,447 mn in Apr-Jan; most shipment from China

Solar cells import rose to USD 3,447 million (around Rs 26,000 crore) during April-January 2021-22 as compared to USD 572 million in the previous financial year, Parliament was informed on Thursday. The imports were worth USD 1,684 million in 2019-20 and USD 2,160 million in 2018-19, New & Renewable Energy Minister R K Singh said in a written reply to the Lok Sabha. During April-January 2021-22, the maximum import was from China at USD 3,117.78 million. In another reply, the minister stated that the government has set a target of installing 100 GW solar power capacity by December 2022 in the country. Against this, projects of 108.91 GW have either been commissioned or are in the pipeline. Total 50.78 GW of solar power capacity has been installed as on February 28, 2022. About 44 GW capacity is at various stages of implementation and 13.86 GW capacity is under bidding stage, the minister said.

Lethargic progress seen in Centre's clean energy ambition, shows data

None of the parties discussed environmental issues in any detail in their manifestos in the five states that went to polls this year

Govt to undertake a two-stage review to determine PLI scheme progress

This will be followed by utilisation of unused funds and the possibility of reallocation to the government department and ministries, which need more amounts, will be assessed

Green Hydrogen policy to support renewable energy capacity addition

'Green Hydrogen' policy is expected to support the renewable energy capacity addition targets of the country.

ACME Group partners with Scatec to develop ammonia facility in Oman

Industry analysts forecast global annual demand for green ammonia to reach up to 200 million tonne by 2050

Tata Power, RWE Renewables GmbH tie up to develop offshore wind projects

A corresponding MoU has been signed between Tata Power Renewable Energy Limited and RWE Renewables GmbH, one of the world's leaders in offshore wind, a Tata Power statement has said

India plans to produce 5 million tonnes of green hydrogen by 2030

Green hydrogen, produced using renewable energy, has some of the best environmental credentials among cleaner-burning fuels

Free wheeling of power under National Hydrogen Policy: Raj Kumar Singh

The government on Thursday unveiled the first part of the much-awaited National Hydrogen Policy, allowing free wheeling of renewable energy used for producing green hydrogen