Solar Energy

Amp Energy to set up 1 GW capacity under PLI scheme for manufacturing

Amp Energy India on Wednesday said it has bagged 1 GW capacity for integrating cell and module manufacturing under the government's performance-linked incentive (PLI) scheme. Solar Energy Corporation of India Limited (SECI) is a nodal agency of the central government for auctioning renewable energy projects. In a statement, Amp Energy India said subsidiary company AMPIN Solar One has won 1 GW capacity for integrating cell and module manufacturing under tranche II of PLI scheme for integrating cell and module (CM) manufacturing. "SECI declared the winners who would be eligible to receive a total of Rs 139.4 billion under tranche II of the programme to manufacture 39.6 GW of solar modules. Amp Energy India (AMPIN Solar One) has won 1GW for basket 3 (CM) and would be eligible to receive a maximum incentive of Rs 1.4 billion/Rs 140 crore," it said. "Our foray into manufacturing is a strategic move that will enable us to achieve backward integration and enhance our control over the supp

Tata Power Solar Systems bags 300 MW project worth Rs 1,755 cr from NLC

Tata Power Solar Systems Ltd (TPSSL) has bagged a 300 MW project worth Rs 1,755 crore from state-owned NLC Ltd. The company will also do the operation and maintenance of the project for 3 years after the commercial operation declaration. The 300 MW Domestic Content Requirement (DCR) based project located at Barsingar in Bikaner, Rajasthan, is expected to generate more than 750 million units renewable energy and reduce 6 lakh tonne of CO2 annually, a statement said. The Letter of Award (LoA) for the project was given through competitive bidding. The project will get commissioned within 18 months from the date of receiving of LoA, it said. TPSSL will handle the complete project execution from designing to commissioning and the evacuation system up to delivery point. The company's total order book stands at about Rs 17,000 crore. NLC has been a forerunner amongst public sector enterprises in the energy sector, with large scale lignite production and significant share in thermal and

RIL, 10 other firms bag 39,600 MW solar capacity order under PLI scheme

As many as 11 companies, including Indosol, Reliance and First Solar, have bagged solar photovoltaic manufacturing projects of a total 39,600 MW capacity under the second tranche of the production-linked incentive scheme of the government. The government has allocated a total capacity of 39,600 MW of domestic Solar PV module manufacturing capacity to 11 companies, with a total outlay of Rs 14,007 crore under the Production Linked Incentive Scheme for High-Efficiency Solar PV Modules (Tranche-II), a power ministry statement said. The ministry said that manufacturing capacity totalling 7,400 MW is expected to become operational by October 2024, 16,800 MW capacity by April 2025 and the balance 15,400 MW capacity by April 2026. The Tranche-II is expected to bring in an investment of Rs 93,041 crore. It will also generate a total of 1,01,487 jobs with 35,010 getting direct employment and 66,477 being indirectly employed. Speaking on the success of the PLI scheme, Union Minister for Pow

India faces basic contradiction in drafting policies for renewables sector

Frequent changes in rules governing domestic equipment use in projects is slowing capacity addition

India misses RE capacity target due to low solar, wind projects: Par panel

A parliamentary panel has attributed low installation of solar roof-top and wind energy projects as key reasons for the shortfall in achieving India's renewable energy capacity target of 175 GW by 2022. India set an ambitious target of installing 175 GW of renewable energy capacity by the year 2022, which included 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro-power. However, a renewable energy capacity of 120.90 GW has been installed in the country as of 31st December 2022 which is about 69 per cent of the overall target, the Standing Committee on Energy said in a report. "Keeping in view the fact that renewable energy installed capacity has increased by more than 236 per cent since 2014, this is indeed a commendable achievement. However, it should also be mentioned that whatever shortfall has occurred in achievement of the target that is because of low installation of solar roof-tops and wind energy projects," the committee said. Keeping in vie

Viraj Profiles with Avaada Energy to set up 100 MW solar plant in Maha

Stainless steel maker Viraj Profiles along with Avaada Energy will set up a 100 MW solar project in Tarapur, Maharashtra. The aim is to make the captive project operational by February 2024, Viraj Profiles said in a statement on Friday. The company did not disclose financial details of the project. According to industry estimates, an investment of about Rs 5 crore is required to set up every 1 MW of solar capacity. Once commissioned, the plant will generate about 207 million units of green energy per year, which will offset approximately 182 million kilos of CO2, the statement said. "Viraj Profiles along with Avaada Energy shall set up a special purpose vehicle (SPV) to build the 100 MW captive solar plant," it said. The power generated will be used for captive consumption by Viraj Profiles' stainless steel unit in Tarapur, reducing its dependence on conventional sources by 50 per cent.

Tata Power Renewable Energy signs PPA with TPDDL for 510 MW hybrid project

Tata Power Renewable Energy has signed an agreement with Tata Power Delhi Distribution Ltd (TPDDL) to supply electricity from its 510 MW solar-wind hybrid project, a statement said on Friday. It is one of the largest hybrid projects in the country with the capacity bifurcation of 170 MW solar & 340 MW wind power. The project will save an average of 1540 MUs (million units) of CO2 emissions annually for Tata Power-DDL, a joint venture between Tata Power and the Government of Delhi, that supplies electricity to a populace of over 7 million in North Delhi, the statement said. The power purchase agreement signed between Tata Power Renewable Energy Ltd and TPDDL has the capacity bifurcation of 170 MW solar and 340 MW wind power. Located in Karnataka, it is one of the largest hybrid projects in the country and will be commissioned within 24 months from the PPA execution date. Ashish Khanna, CEO, Tata Power Renewable Energy Ltd, said, Tata Power Renewable has signed one of the largest .

Amplus Solar to set up 200 MWp wind, solar hybrid project at Tuticorin

Clean energy solutions provider Amplus Solar on Friday announced an association with EverRenew, an NTC group company, to set up a 200 MWp open-access solar power plant at Tuticorin, in Tamil Nadu. The 200MWp plant is expected to generate approximately 450 million units of green electricity in the first year of its operation itself, a company statement stated. The wind-solar hybrid plant in Tamil Nadu is Amplus' second open-access project in the state, it said. "We are happy to set up our first wind and solar hybrid with an experienced partner, EverRenew, in the state. "Wind-solar hybrids have vast potential in enhancing grid stability, and we look forward to setting up more such projects across the country in the coming years," Sharad Pungalia, MD and CEO of Amplus Solar, said. The hybrid plant will combine the power from co-located solar panels and wind turbines to produce an uninterrupted supply of green energy for commercial and industrial consumers in the state. Amplus Solar

Reliance to set up 10 gigawatt solar energy project in Andhra: Ambani

Reliance Industries Chairman Mukesh Ambani on Friday said his group will be investing in Andhra Pradesh to set up a 10 gigawatt renewable solar energy project. Speaking at the inaugural session of the two-day Global Investors Summit 2023 here, Ambani said under the determined and farsighted leadership of Prime Minister Narendra Modi, India has now become the fastest growing economy in the world. Similarly, Andhra Pradesh has grown phenomenally under the leadership of Chief Minister YS Jagan Mohan Reddy. "This morning, I am happy to announce that we will continue our investments and we will invest in 10 GW of renewable solar energy in the state of Andhra Pradesh, Ambani said. He further said Reliance has invested over Rs 1.50 lakh crore in its KG D-6 assets, developing and supporting gas pipelines. Today the natural gas produced by Reliance in KG D-6 basin was fuelling the country's clean energy transition and will contribute to nearly 30 per cent of its gas production. "This is

Global CO2 emissions rose less than initially feared in 2022: IEA

Global energy-related carbon dioxide emissions rose by under one per cent in 2022 -- less than initially feared -- as the growth of solar, wind, EVs, heat pumps and energy efficiency

Andhra Pradesh govt expects investors' meet to power green boom

Sitting on potential RE of 44 Gw of wind and 38 Gw of solar energy

Domestic solar capacity addition grows 27% in 2022: Mercom report

Solar capacity installations in India increased by 27 per cent to 13 gigawatts (GW) during the calendar year 2022, according to a Mercom India report. "Solar capacity made up 82 per cent of the total 16 GW new power generation capacities added in 2022," the report titled 'Mercom India Solar Market Update' said. India added 13 gigawatts (GW) of solar capacity in the calendar year (CY) 2022, a 27 per cent increase year-on-year (y-o-y) compared to 10.2 GW installed in CY 2021, it added. The country's cumulative installed solar capacity now stands at 63 GW, the report said. During 2022, large-scale solar projects accounted for 87 per cent of the installations. However, in October-December 2022, India added 2.6 GW of solar, down 5 per cent from 2.8 GW a year ago, it said. India's large-scale solar project pipeline stood at 58 GW, with another 51 GW of projects tendered and pending auction at the end of 2022. "Though impressive, record solar capacity additions in 2022 were barely half

Rooftop solar for poverty alleviation

Currently, the rooftop-subsidy programmes run by the Ministry of New and Renewable Energy require consumers to bear about 60 per cent of the costs

EAM Jaishankar meets El Salvador Foreign Minister Alexandra Hill Tinoco

External Affairs Minister S Jaishankar on Friday held talks with his visiting counterpart from El Salvador Alexandra Hill Tinoco and discussed cooperation in areas of health, solar energy, capacity building and commerce. In the talks, Jaishankar welcomed El Salvador's support for India's bid for a permanent membership of the UN Security Council. "Delighted to meet FM @CancillerAleHT of El Salvador today afternoon in New Delhi. Discussed health cooperation, solar activities, capacity building and expanding commerce. Welcomed support for our UNSC candidature. Look forward to closer engagement with SICA," Jaishankar tweeted. The Central American Integration System (SICA) is an institutional framework of regional integration in Central America. It was created by Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.

India's non-fossil power generation touches 174 GW in 2022: R K Singh

India's non-fossil fuel-based power generation capacity was at 174.53 gigawatt (GW) at the end of December 31, 2022, Parliament was informed on Tuesday. The country's total power generation capacity, including 235.81 GW from the thermal base, was at 410 GW at the end of 2022, Minister for Power, New and Renewable Energy R K Singh said in a written reply to the Rajya Sabha. "So far, a total of 174.53 GW power generation capacity from non-fossil fuel-based energy resources has been installed in the country as on 31.12.2022," he said. The capacity includes 63.30 GW solar power, 46.85 GW large hydro, 41.93 GW wind power, 10.73 GW bio power, 4.94 GW small hydro power and 6.78 GW nuclear power. In another reply, the minister said 2,97,609 million units (MU) energy from various sources of renewable energy in the April-December period of 2022-23. At 1,37,903 MU, large hydro projects alone contributed 46.3 per cent to the total renewable energy generation during the said period, followed b

Kinetic to start producing electric version of Luna at Ahmednagar plant

Company set ups dedicated production line with an initial capacity of 5,000 sets per month

Punjab sanctions Rs 60 crore for solar power energy system

Punjab govt has sanctioned Rs 60.50 cr to install solar power energy system for rural piped water supply schemes in the state, saving an electricity expenditure of Rs 8-9 cr per year, a minister said

Solar energy generation capacity touches 16,000 Mw in Rajasthan

There is a 925-Mw park and a 750-Mw park in Jaisalmer district

India's sunshine village

The solarisation of Modhera in Gujarat demonstrates the transformational possibilities of solar power

Adani Green announces raising JPY denominated facility to refinance debt

Facility supported by MUFG Bank and Sumitomo Mitsui Banking Corporation with equal participation