Tags: renewable energy projects

Need of the hour for energy sector is Effective policies and not the deadlines

As India looks to balance its twin needs of clean energy and increased energy demand, a look at policies that may help in expediting the process is worthwhile. Additionally, there are valuable lessons that can be learnt from other sectors that can significantly assist in taking a call between effective policies and time-bound ones. Recent news suggested that […]

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Adani Green Energy raises Rs 402 crore through offer for sale

Adani Green Energy Friday said it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 per cent of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity […]

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Power Minister RK Singh holds meeting with gencos to push renewable energy

Power and New & Renewable Energy Minister R K Singh on Thursday held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of thermal power stations to reduce emissions. The mechanism allows power generators to increase share of renewables in their overall energy mix for meeting their committed […]

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Renewable energy capacity target of 175 Gw will be achieved: R K Singh

Power and New and Renewable Energy Minister R K Singh has exuded confidence that the renewable energy target of 175 gigawatt (GW) by 2022 would be achieved. Singh, who took the charge of the ministries in the second term of Modi government, said 80GW of renewable energy has been established while another 24GW is under installation. “The overall renewable energy established […]

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GE lost billions by ‘misjudging’ renewables: Report

Investors in General Electric (GE), once one of the world’s most valuable companies, lost tens of billions of dollars after the Paris climate deal as it failed to adapt to the pace of the green energy transition, new analysis showed Thursday. A report by the Institute for Energy Economics and Financial Analysis (IEEFA) said GE […]

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Increasing share of renewables in energy sector poses regulatory risk: Moody’s

The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory risk for coal-based projects in the long term, global ratings agency Moody’s Investors Service said Monday. The higher share of renewable energy in the total energy mix presents a key regulatory challenge in terms of […]

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Suzlon Q4 net loss narrows to Rs 294.64 crore

Suzlon Energy on Thursday said its consolidated net loss for the March quarter narrowed to Rs 294.64 crore from Rs 469.85 crore a year ago, mainly due to lower expenses. Total consolidated income from operations declined to Rs 1,450.47 crore in the fourth quarter of 2018-19, compared to Rs 2,189.18 in year-ago period, the company […]

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Renewable energy is taking strides towards a subsidy-free era: EY report

EY in its 53rdRenewable Energy Country Attractiveness Index (RECAI) revealed that the renewable energy sector is entering a new phase of subsidy-free growth across the world. Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a […]

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‘Step-change’ in energy investment needed to meet climate goals: IEA

The world must double spending on renewable power and slash investment in oil and coal by 2030 to keep the Paris climate treaty temperature targets in play, the International Energy Agency (IEA) said Tuesday. For that to happen, however, trend lines on both fronts moved in the wrong direction last year, the agency reported in […]

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