Page 13 - Renewable Energy

ReNew Power raises $400 million from global debt investors

The money will be used to refinance existing high-cost debt and fund capital expenditure

Cabinet approves Rs 12,000 crore Green Corridors-II for RE uptake in states

Projects will be set up in seven states in this phase, which aims to add 10,750 circuit kilometres (ckm) of transmission lines and 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations

Best of BS Opinion: The infrastructure push, protect Aravalli range & more

Here is the best of Business Standard's opinion pieces for Thursday

A must-surge year for climate goals

India has just crossed 100 GW of renewable capacity, leaving us around 350 GW to install to hit 450 GW

Green energy capex on a charged-up rebound, says CRISIL analysis

Credit profiles seen stable, given strong accruals and investor interest

Reliance Industries arm acquires battery tech firm Faradion for GBP 100 mn

RIL will use Faradion's state-of-the-art technology at its proposed fully integrated energy storage giga-factory as part of the Dhirubhai Ambani Green Energy Giga Complex project in Jamnagar

NTPC arm to float global tender to set up Rs 15k-cr 3 GW RE project by Feb

The development assumes significance given India's ambitious target of having 175GW of renewable energy by 2022, including 100GW of solar and 60 GW of wind energy

Renewable energy unit's valuations may rub off on NTPC stock

Energy conglomerate looking for strategic investors; plans to list subsidiary

India's renewables boom set to lift power exchange spot trading

Coal dominates Indian power generation but that is changing, with renewables accounting for more than 80% of new capacity last year, according to BloombergNEF

The green deal: Renewable energy became the new buzzword in 2021

A year when several parts of the world bore the brunt of extreme weather conditions

Adani Transmission wins 2 renewable energy projects worth Rs 1,400 cr

The Karur Transmission Project in Tamil Nadu is worth Rs 200 crore; the one in Gujarat is for Rs 1,200 crore.

Year In Review: Diluting green norms may derail India's climate goals

In 2021, the govt pushed renewables to meet its updated climate aims, but also came up with plans to clear forests and reduced scrutiny of polluting units that could cause further environmental damage

National electricity policy to consider demand, climate targets

The current installed power generation capacity in the country stands at 392 Gw, of which coal has the lion's share with 202 Gw

Renew Power adds 300 MW; total capacity addition at 1.5 GW in FY22

Renew Power, which is traded on the Nasdaq exchange, has commissioned a 300 megawatt SECI solar project in Rajasthan, taking its total operating asset to a record 7.4 gigawatt till date. The Gurugram-based company has installed a record 1.5 GW of renewable energy projects so far this fiscal year despite the pandemic challenges and supply chain disruptions and is on track to meet its goal of 8.2 GW of operational capacity by the end of 2021-22. In 2020-21, Renew Power had closed with an operating capacity of 5.6 GW, it said in a statement on Tuesday. The bulk of Renew's organic capacity addition that led it to surge past the 7 GW-mark is in Rajasthan and Gujarat. The new 1.5 GW capacity addition has more than 1.3 GW of utility scale solar projects. These include 1.2 GW in Rajasthan, 105 MW in Gujarat, and 20 MW in Maharashtra. In wind projects, it has installed over 150 MW, including 136 MW in Karnataka and 22 MW in Gujarat. As much as 1.05 GW of the new generation capacity has PP

India adds 8,530 MW RE capacity till November this fiscal: Singh

India has added 8,530.92 megawatts (MW) of renewable energy capacity, including large hydro units, during April-November of the current fiscal, which is higher than 8,058.10 MW added in the entire 2020-21, Parliament was informed. During April-November 2021, 8,530.92 MW of the renewable energy capacity, including large hydro, was added in the country, which is higher than 8,058.10 MW added in the entire fiscal of 2020-21, according to a reply to a query in the Rajya Sabha given by Union Power and New & Renewable Energy Minister R K Singh. As per the reply, India had added 9,143.30 MW of RE, including large hydro, in 2019-20 and 8,866.33 MW in 2020-21. The minister also told the House that against the target of 175 GW, a total of 150.54 GW of the renewable energy capacity, including large hydro, has been installed in the country as on November 30, 2021. India has set a target of having 175 GW of renewable energy by 2022. In another reply, the minister stated that the Government of

India's rooftop solar addition triples to 1.3 GW in Jan-Sep 2021: Report

India's rooftop solar capacity addition tripled to 1.3 GW during January-September 2021 as compared to the same period a year ago, as per a report. The country added 448 megawatts (MW) of rooftop solar in July-September this year, a 14 per cent drop quarter-on-quarter (QoQ) compared to 521 MW installed in April-June, according to Mercom India Rooftop Solar Market Report Q3 2021. "In the first nine months (9M) of 2021, India added 1.3 GW of rooftop solar, a 202 per cent increase compared to 9M 2020 (January to September). Installations are the highest ever recorded in the 9M of a year," it said. Rooftop solar installations in July-September (Q3) were up 189 per cent year-on-year (YoY). In Q3 2021, 54 per cent of rooftop solar was installed in the residential sector, followed by commercial & industrial, and government sectors, with 44 per cent and 2 per cent, respectively. Residential installations were the highest for the second quarter in a row. "The rooftop market is showing ...

Coal demand to peak in India by 2030, will back up renewables: NITI report

IEA study supports trend, says India will lead demand growth for the fuel in the world

Renewable energy projects bear the brunt of discoms' financial woes

The dues of RE power generators have increased by close to 40 per cent since January, the highest among all categories of gencos

Best of BS Opinion: China's political roadmap, green themes of 2022 & more

Here is the best of Business Standard's opinion pieces for Wednesday

No RE investor will come if energy bills not paid, action needed: R K Singh

Power Minister R K Singh expressed concern over rising dues of renewable energy producers that have not been paid by discoms