Page 2 - Renewable Energy Sector

Boost to green corridors: Rs 41,369-cr transmission projects on offer soon

With these, RE connectivity and private participation will get a fillip

How renewable energy became price-competitive with conventional power

Solar power resources are more evenly distributed. Yet, most solar capacity addition is seen in the states already rich in windpower

Plummeting RE tariffs edge out small players even as bigger ones expand biz

The sharp drop in renewable energy tariffs is encouraging smaller players to exit even as larger ones look to innovative financing methods to expand their portfolios

World still falls short of ensuring equitable access to energy: Report

During the last decade, a greater share of the global population gained access to electricity than ever before, but the number of people without electricity in Sub-Saharan Africa actually increased

PLI scheme, basic customs duty: Only flickering benefits for solar power

A production-linked incentive scheme and possible basic customs duty will have a limited impact in encouraging domestic solar equipment manufacture

Adani Green Energy arm get letter of award for 300 MW wind project

Adani Green Energy (AGEL) on Monday said that its arm has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India

India to levy 40% duty on solar equipment imports from next year

India is planning to expand its renewable power capacity fivefold to 450 gigawatts by 2030

Indian renewable firms underperformed but credit quality intact: Moody's

Moody's said India's renewable energy sector grew by 20% in the last five years

Goldman-backed ReNew Power to list on NASDAQ at $8 billion valuation

To partner with RMG Acquisition Corporation for private investment in public equity

Adani energy business joins top-20 global club on massive renewables thrust

Total valuation now touches $31 billion (Rs 2.32 trillion); Nextera Energy of the US and Enel of Italy top the global list with $151 billion and $103 billion, respectively

ITC pledges to meet 100% grid electricity needs from renewables by 2030

Firm has been expanding its renewable footprint over past two decades, meets 40% of its electricity needs from wind, solar and biomass; Its investment in renewable assets is about Rs 1,000 cr

NIIF to hold majority stake in CDC's Ayana Renewable after fresh infusion

CDC will put in $70 million as addl equity, NIIF $284 million and GGEF $36 million. The commitment is subject to final approval processes

Renewable energy sector continues to attract investors, shows report

The renewable energy sector continued to attract investors this year, though capital spending is likely to decline, according to a report.

KKR launches platform to acquire renewable energy assets in India

Virescent would manage renewable energy assets and KKR's Infrastructure Fund would make the investments.

ReNew Power's $325 mn offshore bond issuance oversubscribed six times

Company executives said this was also the cheapest bond offering by a renewable firm. The bonds were initially priced at 5.875%. When the rate was reduced to 5.375%, investors continued to book

Renewable sector in India attracts $10-20 bn of investment: IEEFA

Policy-related headwinds and a collapse in electricity demand due to the Covid-19 crisis have disrupted India's renewable energy capacity tendering and commissioning process

International Solar Alliance signs MoUs with NTPC, MNRE and World Bank

Ministry of New and Renewable Energy along with World Bank will design the plan for implementing 'One Solar One World and One Grid'; NTPC will implement the solar projects in 47 ISA member countries

Covid-hit 39 Gw renewable energy projects stare at delays, cancellations

175 Gw target under threat as project developers, states shy away

Focus back on growth with 800 Mw commissioned: Sembcorp Energy's Vipul Tuli

In an interview with Jyoti Mukul & Shreya Jai, Managing Director Vipul Tuli discusses the future of renewable power in India

Sovereign rating downgrade poses risk for India's green energy investors

Earlier this month, Moody's cut the country's sovereign credit rating by a notch to the lowest investment grade with negative outlook