These companies would produce a total of 675 Kw
The polluting fuel will continue to produce half of the country's electricity by 2030, compared with about 72% now
Yogi government is targetting a total investment of Rs 500 billion in the solar power space in the next 5 years and is eyeing solar energy generation of 10,700 Mw by 2022 in UP
The two companies will be the first new pure-play renewable energy firms to list in India
Technology innovation remains critical for both cleaner coal and energy storage systems
Even as policy support and improving cost competitiveness provide strong outlooks for renewable energy in India, the sector continues to face regulatory challenges and viability concerns over falling tariffs, rating agency ICRA said in a report on Tuesday."The long-term demand outlook for renewable energy (RE) is strong aided by favourable policy support from the Government of India and the state governments of key states; as well as an improving tariff competitiveness of wind and solar power," the report said. However, adding regulatory issues prevail."On the flip side, the sector continues to face regulatory challenges related to renewable power obligations (RPO) norms and its compliance, continuing delays in payments from distribution utilities and risk of forced back down by the utilities in a few states," the report said. The report pointed out delays in payments from state utilities remained significantly high towards especially wind IPPs as seen in the case of Rajasthan, Tamil .
Mozambique topped the list as all its energy use comes from green sources
Wind power sector saw its first bidding; solar power projects awarded crossed 10-gigawatt mark
Lack of sponsors, interest from industry led to the postponement of RE-Invest
According to the report, the commitments to mitigate the CO2 emissions may even go beyond 1.5 degree Celsius