Waaree Renewable Technologies on Wednesday said it has bagged an order to build a 221.8 MWp solar power project from a steel maker. "We have received a Letter of Award (LoA) from one of India's leading steel manufacturing companies for the execution of Engineering, Procurement and Construction (EPC) works of a solar power project of 221.8 MWp DC capacity," it said in a BSE filing. The order is placed by a renewable energy arm of one of India's leading steel manufacturing companies. The project is likely to be completed in FY 2023-24, as per the terms of the contract. Waaree Renewable did not disclose the financial details of the project.
Australia's Commonwealth Scientific and Industrial Research Organization (CSIRO) on Wednesday called for significant investment in renewable energy storage to keep up with rising electricity demand
Deployment of new wind and solar power plants needs to be drastically ramped up by the end of the decade to meet the world's climate goals, the International Renewable Energy Agency said Tuesday. In an advance preview of its annual report on the global shift from fossil fuels to clean energy, the agency said renewables accounted for 83 per cent of new power generation last year. Worldwide, the share of installed power generation coming from renewables reached 40 per cent in 2022, it said. But in order to halve greenhouse gas emissions by 2030 and put the world on track to cap global warming at 1.5 degrees Celsius (2.7 degrees Fahrenheit), existing targets for renewable power deployment would need to be more than doubled, the Abu Dhabi-based agency said. Governments agreed in the 2015 Paris climate accord to limit the global temperature rise to 2 C (3.6 F) ideally no more than 1.5 C above pre-industrial averages. The lower target would prevent significant harm from climate change
India's total installed renewable energy capacity touched 168.96 GW mark by February 2023-end, Parliament was informed on Tuesday. Out of the total 168.96 GW, 64.38 GW is solar power capacity, 51.79 GW hydro, 42.02 GW wind and 10.77 GW bio power, R K Singh, Union Minister for Power, New and Renewable Energy, said in Rajya Sabha. Another 82.62 GW of green energy capacity is under implementation and 40.89 GW of capacity is under various stages of tendering, he said in a written reply to the upper House. A total of 3,16,754.86 MU of electricity has been generated from renewable energy sources during the current year 2022-23 (up to January 2023), Singh said. According to the minister, India's total power generation capacity was at 412.21 GW as on February 28, 2023. The government's aim is to achieve 500 GW of installed electricity capacity from non-fossil sources by 2030.
The National Highways Logistics Management Limited (NHLML) and Jodhpur Discom have signed an agreement to set up 11 solar power plants at six places in a section of the Amritsar-Bhatinda-Jamnagar Expressway passing through Rajasthan. A Memorandum of Understanding (MoU) has been signed between both the parties during a meeting held under the chairmanship of Chief Secretary Usha Sharma here on Wednesday, according to a statement. Under this, 11 solar power plants will be developed on the Amritsar-Bhatinda-Jamnagar Expressway at a total of six places in three districts -- Hanumangarh, Bikaner and Jodhpur -- of the state. These power plants with a total capacity of 27.43 MW will be set up under Saur Krishi Aajeevika Yojana (PM Kusum). These plants will come up at Kolha village in Hanumangarh district, Malkisar-Gopalyan road, Naurangdesar and Rasisar villages in Bikaner district and Bhikamkor village in Jodhpur district and will cover 8 substations. The Ministry of Road Transport and ..
The Himachal Pradesh government plans to set up various solar projects through Public Private Partnership (PPP) mode, which will provide clean power to consumers at cheaper rates and help in reducing carbon footprints, an official statement said on Wednesday. Big private players and major Public Sector Undertakings (PSUs) of the country have assured to invest in the state in this vital sector. According to the statement, Sutlej Jal Vidyut Nigam Limited (SJVNL) is coming up with five solar power projects (SPPs), in Himachal Pradesh. Thaplan solar power project of 112.5 MW is being set up in district Una. In addition to this, 20 MW SPP Bhanjal and Kadh in Una district, 20 MW in Fatehpur in Kangra district, 30 MW SPP Kolar in Sirmaur district and 12.5 MW in Rajgir in district Kangra are in pre-construction stage. To envision the concept of green Himachal, the government has promised to extend all possible support to the executing agency for setting up these projects and take necessary
Issues that need to be addressed include expanding funding for renewable manufacturing, extending PLI to wind and green hydrogen, among others
Indian company has a portfolio of solar power projects in five states
There is a 925-Mw park and a 750-Mw park in Jaisalmer district
State-owned NTPC Ltd has commenced the commercial operation of its solar photo-voltaic project in Tamil Nadu. With this, the standalone installed and commercial capacity of NTPC Ltd has become 57,801.27 MW while the group installed capacity grew to 70,416.27 MW, the company said on Saturday. According to the company, the 230MW Ettayapuram solar PV project is being developed under the Central Public Sector Undertaking (CPSU) scheme Phase-II Tranche-I of the Ministry of New and Renewable Energy. The project was won by NTPC through the Viability Gap Funding based competitive bidding done by Solar Energy Corporation of India Ltd in 2019. It is developed through Larsen and Toubro under EPC, NTPC Renewable Energy Ltd said on its website. "Consequent to successful commissioning, first part capacity of 162.27 MW out of the 230 MW Ettayapuram Solar PV project at Tamil Nadu is declared on commercial operation with effect from 12 noon, December 12," NTPC said in a BSE filing on Saturday. As
Indore Municipal Corp. seeks to raise as much as 2.6 billion rupees ($31.8 million) via a 10-year bond sale next month
The Punjab government has decided to install solar power photovoltaic (PV) projects with a total capacity of 300 megawatt in the state. These projects include 200 MW canal-top solar PV power projects and 100 MW floating solar PV power projects on the reservoirs and lakes, said an official statement while giving details of the decision taken in a high-level meeting held here on Monday. The meeting was chaired by Punjab New and Renewable Energy Sources Minister Aman Arora. The proposed 200 MW canal-top solar project would be installed in a phased manner, under which 50 MW would be installed in the first phase, while projects of remaining capacity would be installed in subsequent phases, Arora added. These projects will be executed in build, operate and own (BOO) mode by the Punjab Energy Development Agency (PEDA), he said. While discussing in the meeting, the feasibility of setting up these projects, the minister said, viability gap funding (VGF) has been proposed to be claimed from
The UP Solar Policy-2022 will be applicable for five years
This is in line with the commitment of the national transporter to be net carbon-zero by the end of this decade
It is looking at projects in transmission, energy, solar power and roads; is also eyeing a retail bond issuance
An online portal has been set up and on it farmers/landowners can register their land to give on lease
Change in law allowed for hike in GST rate too as project developers face cost hikes
Solar energy solutions provider Vikram Solar on Tuesday said it has bagged an order from a US- company for a 350 MW power project. The order is for supplying solar modules for the project that will be located at Arizona in the US, a company statement said. The new order further strengthens Vikram Solar's presence in the US and is aligned to the company's commitment to accelerate the clean energy transition in this market, it said. "We are witnessing an increasing demand for high-quality Indian-made modules in the US aligned to the clarion call of diversifying sourcing policies. We are focused on further strengthening our market share in the US and cater to the utility, commercial as well as residential customers," Gyanesh Chaudhary, Vice Chairman and MD, Vikram Solar, said. According to the International Energy Agency, over next 4-5 years, the US has the potential of adding up to 20-25 GW of solar energy annually. Kolkata-based Vikram Solar specializes in efficient photovoltaic (P
Both are cogs in the wheel to help India install 500 gigawatts (Gw) of non-fossil fuelled power by 2030
Cyrus Mistry, former chairman of Tata Sons and scion of the Shapoorji Pallonji group, died in a car accident near Mumbai on Sunday.