Tags: renewable energy projects

Renewables overtake hydrocarbons in UK electricity generation: study

Renewable sources generated more of Britain’s electricity than fossil fuels for the first time last quarter, according to analysis by specialist website “Carbon Brief” published Monday. “In the third quarter of 2019, the UK’s windfarms, solar panels, biomass and hydro plants generated more electricity than the combined output from power stations fired by coal, oil […]

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Govt committed to provide eco-friendly energy security to India: Sitharaman

Finance Minister Nirmala Sitharaman on Monday said that the government is committed to provide energy security to India. “….Here is the government which is committed for energy security for India. Energy security, which is not blindly using non-environment friendly sources,” Sitharaman said addressing India Energy Forum CERAWeek Summit here. The third India Energy Forum by […]

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India on track to achieve 175 GW of renewable energy target by 2022: R K Singh

Power and New & Renewable Energy Minister R K Singh on Tuesday exuded confidence that India will achieve 175GW of renewable energy target by 2022. “The target of having 175 GW of renewable energy by 2022 looks huge. But, today we have established 83 GW clean energy. About 29 GW of renewable energy is under […]

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India to honour contractual commitments under various energy agreements: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday assured investors that India will honour contractual commitments under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” Sitharaman said at the India Energy Forum of CERAWeek. Recently, Andhra Pradesh had asked government nodal agencies Solar Energy Corporation of India (SECI) and NTPC to […]

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MNRE downplays CRISIL’s recent report on renewable energy target

The Ministry of New and Renewable Energy (MNRE) has denounced a recent Crisil report that stated the ministry may miss the renewable energy target by 42 per cent, and asserted that the clean power capacity by 2022 will exceed the goal of 175 GW. The ministry termed the report as “ill founded”, factually incorrect and […]

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Delhi’s power discoms penalised for defaulting on green power obligations

Delhi’s power regulator DERC has imposed penalties to the tune of Rs 1.71 crore on discom TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on renewable energy purchase obligations (RPO) for three financial years. The Delhi Electricity Regulatory Commission(DERC) in its order last month found default on the part of the […]

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Policy stability at state level must to boost renewable projects: ReNew CMD

Policy stability, particularly at the state level, is a must for boosting installation of clean energy capacity in the coming days, a top official of ReNew Power said on Thursday. His comments have come against the background of Andhra Pradesh seeking to renegotiate tariff price of concluded power purchase agreements with renewable energy developers. Renewable […]

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India, US to launch new clean energy initiative to propel economic growth

India and America will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. The US has been pushing for a broader role by India in the Indo-Pacific region in the backdrop […]

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PFS and MDI Gurgaon signs MoU for renewable energy projects

PTC India Financial Services (PFS) has signed a memorandum of understanding (MoU) with Management Development Institute (MDI) Gurgaon in the areas of infrastructure, especially sustainable infrastructure financing. The areas identified for work are renewable energy, transmission, generation and distribution of energy, climate protection financing, and energy efficiency. Pawan Singh, managing director and chief executive officer, PFS said, […]

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PM Modi calls for increasing share of renewable energy at PSIDS leaders’ meet

To mitigate the adverse effects of climate change, Prime Minister Narendra Modi on Tuesday called for increasing the share of renewable energy in the total energy mix during the India-Pacific Islands Developing States (PSIDS) Leaders’ Meeting held on the sidelines of the 74th session of United Nations General Assembly here. He also announced the allocation […]

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