Surat has witnessed increase in renewable energy production capacity by 30 per cent in the past 18 months. The share of wind and solar is around 90 per cent Of the 25 crore units of electricity that the city produces. Surat happens to be the only city in the country whose captive power generation meets […]
Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister R K Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of around Rs 5,355 crore. Singh in a letter has urged the chief ministers of these states […]
Union Minister for Environment, Forest and Climate Change, Prakash Javadekar on Monday said that India has already achieved half of its renewable energy production target. The government plans to achieve 175GW of renewable energy capacity by 2022 as part of its climate commitments. Reportedly, India currently has an installed renewable energy capacity of around 80 […]
The chief executive (CEO ) and president of ACWA Power- Paddy Padmanthan recently said that the company is planning to focus more on renewable energy projects, lifting their share of its portfolio to 70% over the next decade. Currently the value of the utility developer’s portfolio is more than $42 billion, with renewables accounting for […]
The government is in the process of rolling out a new tariff policy and UDAY 2.0 to address the issue of losses of discoms, which is the “only difficulty” in ensuring round the clock electricity supply for all, Power Minister R K Singh said. According to the PRAAPTI portal, the total outstanding of the discoms […]
Global investment in new renewable energy capacity this decade — 2010 to 2019 inclusive — is on course to hit $2.6 trillion, with more gigawatts of solar power capacity installed than any other generation technology, new figures published on Thursday said. According to the Global Trends in Renewable Energy Investment 2019 report, released ahead of […]
The Arunachal Pradesh government is committed to all-round development of power sector with emphasis on clean energy, Deputy Chief Minister Chowna Mein has said. Calling upon engineers of the power and hydro-power departments to work in close coordination for optimally harnessing the hydro potential of the state, the deputy chief minister said, all forms of […]
The Clean Energy Regulator has now approved enough capacity to guarantee that the Large-scale Renewable Energy Target of 33,000 gigawatt hours of additional renewable energy will be met in 2020. Today, the Clean Energy Regulator Chair David Parker announced this major milestone for renewable energy in Australia. “It is now certain Australia will generate enough […]
The Rajasthan government and Utah state of the US have entered into a partnership for knowledge sharing in the energy sector. The two states signed an MoU last week to advance state-level policy exchange, share emerging knowledge of innovative energy solutions and to develop direct ties between Utah and the Rajasthan government agencies and private […]
Sales of renewable energy certificates (REC) dropped by over 47 per cent to 4.3 lakh units in August as compared to 8.19 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the […]
