Page 21 - Renewable Energy

US climate envoy John Kerry says India is 'getting job done' on climate

Kerry is leading efforts to get countries to step up commitments ahead of a summit of 40 leaders on April 22-23

Polluting coal to remain predominant fuel in India's energy basket

This is despite the country pushing for its expansion of the renewable energy projects

Best of BS Opinion: Backsliding without broadband, Covid-19 vaccine & more

Here's a selection of Business Standard opinion pieces for the day

Capacity building at appropriate time is important, says ISA's Ajay Mathur

International Solar Alliance (ISA): We don't want to land in the same situation as that of fossil fuels when it comes to waste, said Mathur

Tata Power receives orders to develop 60 MW solar project in Gujarat

Tata Power on Tuesday said it has bagged an order to develop 60 MW (mega watt) solar project for Gujarat Urja Vikas Nigam

Par panel asks MNRE to increase solar capacity target under CPSU scheme

A parliamentary panel has asked the Ministry of New & Renewable Energy (MNRE) to increase the capacity addition target under the scheme for setting up grid-connected solar projects by CPSUs and to take pro-active steps to encourage more participation from these units. MNRE is implementing the scheme for setting up grid-connected solar PV power projects by central public sector undertakings (CPSUs) and government organizations with Viability Gap Funding (VGF). As per the scheme, these projects are implemented with domestically manufactured solar cells and modules. "Target under the scheme for setting up of grid-connected solar PV power projects by CPSUs and government organizations should be increased. "Since only a few CPSUs have participated in the scheme till date, the Ministry should take pro-active steps and encourage more CPSUs/government organizations to participate in the scheme," said Parliamentary Standing Committee on Energy in its 17th report tabled in Parliament ...

Bharti Airtel picks up stake in Avaada's solar company

Stake acquired under group captive arrangement, to source 21 MW

Gurgaon-based ACME to set up green hydrogen, ammonia facility in Oman SEZ

The facility would be set up with an initial investment of $2.5 billion

BHEL to start end-to-end solar equipment manufacturing, seeks consultants

India has no such manufacturer yet, Atmanirbhar Bharat scheme encourages state-owned company to fill in gap.

USAID, DFC announce $41 million financing for renewable energy in India

The US Agency for International Development and US International Development Finance Corporation announced a $41 million loan-guarantee program to finance investment in renewable energy by Indian SMEs

Shadow over solar power

Punitive tariffs on components will cripple a growing sector

Hitachi ABB Power Grids bets on growth in RE, discoms' privatisation

Speaking with Business Standard, N Venu, managing director-India, Hitachi ABB Power Grids, said the pipeline for renewable projects remains healthy

Debt worth Rs 30,000 crore for wind power projects faces risk

The problem predominantly pertains to four key states - Madhya Pradesh, Maharashtra, Rajasthan and Andhra Pradesh

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

Aid agencies to achieve 175 GW renewable energy by 2022: Parliament

A parliamentary panel has asked the MNRE to monitor working of the implementing agencies on a real-time basis and aid them help achieve a target of having 175 GW of renewable energy capacity by 2022.

India adds 3.2 GW solar capacity in 2020; lowest in 5 years: Report

India added 3,239 megawatt (MW) solar capacity in 2020, down 56 per cent from the previous year, according to a report. The adding of 3,239 MW of solar capacity was the lowest addition in five-years-time, Mercom India Research said in its report on Tuesday. "India added 3.2 GW or 3,239 MW of solar capacity in 2020, a 56 per cent decline year-over-year (YoY) compared to 7,346 MW installed in 2019," it said adding the country's total solar installed capacity was at 39 GW gigawatt (GW) as of December 2020. The large-scale solar projects accounted for 78 per cent of installations with 2,520 MW, registering a 60 per cent year-on-year (y-o-y) decline. The addition of the remaining 719 MW rooftop installations was also down 22 per cent compared to the installation in 2019. Andhra Pradesh, Rajasthan, and Gujarat were the top three states for large-scale solar capacity additions, representing around 51 per cent of 2020 installations. "India's solar installations in 2020 were the lowest in

Green hydrogen may soon be a must for fertiliser, refinery units: R K Singh

Plan is to replace use of imported ammonia in farming, petroleum, steel and other sectors; Gadkari bats for all govt vehicles to go electric

India to spend Rs 7.5 trillion on oil and gas infra in next 5 yrs: PM Modi

Noting that India imports over 85% and 53% of its oil and gas requirements, respectively, the PM says the country is working to meet growing energy demand and prune imports

Ruias'-promoted Essar to take solar route to build power portfolio

One of the first in its portfolio would be a 87.5 Mw project at Datia in Madhya Pradesh

Sterling and Wilson Solar secures Rs 930 crore order in Egypt

Sterling and Wilson Solar on Saturday said it has bagged an order worth Rs 930 crore in Egypt. It has signed an order worth USD 127.5 million (Rs 930 crore) in the Kom Ombo region of Egypt, a statement by Sterling and Wilson said. The order has been received from Saudi Arabia's leading renewable energy company and is scheduled to be commissioned by first quarter of 2022. Sterling and Wilson Solar has already executed five projects of over 322 MWp in Benban Solar Park in Egypt. Company's Director and Global CEO Bikesh Ogra said winning this project is an important milestone and further strengthens the focus in the Middle East and North Africa (MENA) region which has been a key market for Sterling and Wilson. Sterling and Wilson Solar, a Shapoorji Pallonji group company, is a global solar engineering, procurement and construction (EPC) solutions provider. The company also provides operations and maintenance (O&M) services, including for projects constructed by third parties and ...