renewables

India reaffirms its commitment to renewable energy

“We are looking at expanding renewable energy very rapidly. Solar, wind, hydro, biomass – all forms of energy which can reduce the carbon footprint and help us leave a better planet for the next generation – are receiving unprecedented attention in India” India on Thursday reaffirmed its commitment to renewable energy with the promise to […]

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Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector

“If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […]

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Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022

Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […]

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Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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Waaree Distinguished with SP 1 A Grading by ICRA

The latest grading by a reputed rating agency showcases Waaree’s credentials and market standing The Indian solar manufacturer and solutions heavyweight, Waaree Energies announces to have secured the highest grading of SP 1A for solar projects. The new accreditation will formally proclaim the highest performance capability and highest financial strength of Waaree Energies to undertake solar projects. […]

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REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo

South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […]

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Frisky plans of France to outfit the Renewable Goal

France is taking strategic leads to spur its renewable energy goals and also sought commitments to be the first country to issue “green bonds” encouraging green energy. Recently, French President Francois Hollande has also asserted that that the country’s oldest nuclear power plant, Fessenheim which sits near the German and Swiss borders would be closed. Also at […]

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Solar Energy Now Operational at Jaipur Railway Station

Imagining Indian railways stations operated through solar has already taken a churn, as latest report states that Jaipur railway stations to run completely on solar power. Integrated with rooftop solar panels, the railway station will produce 260 units of electricity on its inaugural day, which was 35 units more than its daily capacity. The general […]

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Rays Power and Hilliard Energy collaborates for 150MW Solar Power Project in Telangana

Rays Power Infra announces a strategic alliance with Hilliard Energy to establish a 150 MW solar power project, for an investment of USD 130 million (about Rs 870 crore). “The company’s subsidiary Shining Sun Power has signed a 150-MW project development term sheet with power producer Hilliard Energy, a company incorporated and registered under the […]

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