MNRE

MNRE Releases New Insurance Product List Covered Under IRDAI

The Ministry of New and Renewable Energy (MNRE) recently released a list of products that are covered by the IRDAI (Insurance Regulatory and Development Authority of India). The MNRE list covered details of various products that they offered and covered details of risks associated with solar power plants for information to the stakeholders. The list […]

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Largest Solar Battery Project By SECI Commissioned in Chhattisgarh

Solar Energy Corporation of India Limited (SECI), under the Ministry of New and Renewable Energy, has commissioned India’s largest Battery Energy Storage System (BESS). The project was inaugurated by PM Modi on February 24. The 40 megawatts (MW) / 120MWh BESS with a solar photovoltaic (PV) plant which has an installed capacity of 152.325 megawatt […]

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MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy

A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […]

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New Rooftop Subsidy Only For Applications Post Feb 13-MNRE

The Ministry of New and Renewable Energy (MNRE), in a fresh update on Geb 20, has declared that only applications received after Feb 13, 2024 will be considered for Central Financial Assistance (CFA) under the PM Surya Ghar Muft Bijli Yojana. The move comes even as demand is expected to skyrocket for solar rooftops under […]

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Feb 9 ALMM Order Withdrawn By MNRE, Industry Awaits Clarity

Policy flip flops, for so long a bugbear for the renewable sector, reared its head again as the Feb 9 ALMM order for Approved List of Models and Manufacturers (ALMM) was withdrawn in an evening announcement by the ministry today, i.e., Feb 14. Coming less than a week after the announcement that exempted open access […]

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Rajasthan Commissioned Maximum Solar Park Projects: Govt

Union Minister for New and Renewable Energy RK Singh said that India currently hosts 20 solar parks with a total capacity of 10.5 GW. The minister also shared details of the current status of solar parks in the country in a written reply before the Parliament.  In his reply, he told the Parliament, “So far, […]

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ALMM Is Back, With Key Exemptions

The Indian government has tried to strike a balance between key stakeholders with the restoration of the Approved List of Module Manufacturer (ALMM) conditions, albeit with some vital exemptions. In an order dated Feb 9, the Ministry for New and Renewable Energy (MNRE) confirmed that ALMM will be reimposed from April 1, 2024, after being […]

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SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu

The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […]

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