India Targets To Add 42.6 GW Renewable Energy Capacity Over Next 2 Years
India plans to add 12 GW solar power, 4 GW wind energy, 500 MW biomass-based power and 225 MW small hydro power capacity between April 2016 and March 2017.
India plans to add 12 GW solar power, 4 GW wind energy, 500 MW biomass-based power and 225 MW small hydro power capacity between April 2016 and March 2017.
Approval shall be subject to the turbine model meeting international specifications.
South Africa strongly opposes objection by some countries attempts to introduce restrictions on mandated use of local content in renewable energy projects.
A total capacity of 1 GW will be allocated in the auction, however, this capacity may increase if there is such a demand from buyers.
The Indian Ministry of New & Renewable Energy is pushing for reclassification of large hydro power projects as renewable energy projects. The Minister for New & Renewable Energy, Power and Coal, Piyush Goyal, recently announced that he will propose the reclassification of large hydro power projects to the Cabinet of Ministers. Goyal stated that almost
The Ministry of Power, under the central government of India, has confirmed that charges for inter-state transmission of renewable energy have been waived off. The ministry had first proposed to remove the inter-state transmission charges last year and had asked the state governments to work on the proposal. Several states had expressed their willingness to
In yet another move aimed at giving relief to the renewable energy project developers, the Indian government is looking to implement additional measures to to ensure utilities acquire electricity from renewable energy projects. Speaking at an event recently, India’s minister for power, coal and renewable energy Piyush Goyal announced that the government is looking at
The Indian government is planning new measures to promote domestic manufacturing of solar power equipment following another setback from the World Trade Organisation earlier this month. According to media reports, the Ministry of New & Renewable Energy (MNRE) has prepared a draft policy to offer subsidies to all companies that manufacture solar power modules and
India has rescheduled its second renewable energy global investors’ summit yet again, this time preponing it. The Ministry of New & Renewable Energy recently issued a fresh notification stating that the global investors’ summit will now be held on 15-17 February 2017 and has been shifted to Gandhi Nagar in the state of Gujarat. The
An Indian ratings agency has projected that the expected solar power capacity addition in the country during the current fiscal will be significantly lower than the government’s own target. CARE Ratings claims that only 5.2 GW of solar power capacity is expected to be added between April 2016 and March 2017. This capacity is sharply
With the huge target of adding 40 GW of rooftop solar power capacity by March 2022 looking more and more difficult the Indian government is seriously looking at other unconventional ways to expand the solar power capacity base in India. In the latest initiative, the Ministry of New & Renewable Energy has agreed to a
With a record amount of solar power capacity being added to the grid in India, the threat of curtailment is looming large on the project developers. The government has now taken first steps to address this problem. The Ministry of New & Renewable Energy has issued an advisory asking central as well as state regulatory
The Ministry of New and Renewable Energy in India has finally announced a solar zones policy with an aim to significant boost the development of large-scale solar power projects. According to the policy document released recently, the Ministry will identify and designate 10 solar zones across the country having 10,000 hectares area each. The solar
India may soon launch its first-ever auction for wind energy projects as it plans to keep the investors interested even as some crucial financial incentives are set to expire by early next year. The Ministry of New & Renewable Energy has issued a proposal to auction 1 GW of wind energy capacity across various states
The Ministry of New and Renewable Energy (MNRE) in India has come out with most ambitious capacity addition target of 16,600 MW for renewables this fiscal year. According to MNRE, during the current fiscal solar capacity is expected to reach its largest-ever capacity addition target of 12,000 MW which would be followed by wind (4,000
India’s renewable energy targets will massive amounts of capacity added to the grid over a very short period of time. The Indian government is looking at ways to minimize its impact on the existing grid. According to media reports, the Ministry of New and Renewable Energy is contemplating the launch of a National Energy Storage
The Indian government has increased the target to set up ultra mega solar power projects in an attempt to meet the monumental target of 100 GW operational solar power capacity by March 2022. The Ministry of New and Renewable Energy is reportedly planning to implement a second phase of the solar power parks program. At
Geothermal, wave and tidal power technologies have been ignored by the Indian government’s ambitious plans for renewable energy capacity expansion. These technologies remain relatively less tested and expansive than others like solar and wind energy. The Indian government may soon implement a policy to promote geothermal power technology. The Ministry of New and Renewable Energy
In an attempt to boost the rooftop solar power market in India departments and ministries of the central government themselves have announce plans to set up solar power systems. According to a recently issued document by the Ministry of New & Renewable Energy (MNRE), as many as 52 departments and ministries of the central government
The Ministry of New and Renewable Energy (MNRE) in India is working on a policy aimed at promotion of solar power generation as well as solar power equipment manufacturing. The policy is expected to be released this month. According to media reports, the MNRE is planning to launch a policy that would enable companies to
The Ministry of New and Renewable Energy has announced plans to set up 10 GW renewable energy capacity through implementation of micro and mini grids. The plan, still in a state of proposal, calls for setting up small-scale solar, wind, hydro and biomass projects. According to the proposal, mini grids will be linked to installed
The Indian Ministry of New and Renewable Energy has issued draft guidelines for the installation of onshore wind energy turbines. The new regulations will make sweeping changes in the guidelines issued in 1996. The regulations have been updated in order to attract new turbine makers and investors. The guidelines have done away with the mandatory
Highly ambitious annual solar power capacity addition targets have been announced by the Indian Ministry of New & Renewable Energy. With a target to have an operational solar power capacity of 100 GW by March 2022, the Indian government has announced annual capacity addition targets for the next few years. The Ministry of New &
As India targets 60 GW installed wind energy capacity by 2022 the government is looking to push the industry towards more efficient and larger capacity wind turbines. The Ministry of New & Renewable Energy recently announced a draft policy for repowering old wind turbines. The policy essentially calls for the replacement of all wind turbines