The International Solar Alliance has asked companies in member countries to submit proposals to offer solar power project management solutions. The global body issued this invitation after it received a proposal for the same from India’s largest power generation company.
Concerned over the lackluster pace of capacity addition in the solar power sector, the Indian government has made amendments to the auction and project implementation timelines. The recent amendments to the policies would result in much quicker implementation of large-scale solar power projects, giving hope to the government that the 2022 target of 100 gigawatts
One of India’s leading renewable energy IPPs, ReNew Power Ventures, has received another round of equity funding as it prepares for an initial public offering at the Indian bourses.
Even as investigations continue in India to levy safeguard duties and anti-dumping duties, custom officials are asking for import duties on solar modules.
Despite a 30% cut in wind energy tariffs in India over a period of just 10 months, Siemens Gamesa India CEO expects the trend to reverse in the coming months.
The central Asian republic of Kyrgyzstan is set to implement pathbreaking financial policies to promote development of wind energy sector in the country. Renewable energy has, so far, seen minimal development in Kyrgyzstan which generated most of its electricity from large hydro power projects. But now, the government is planning to offer significant tax incentives
Odisha will soon join the long and rapidly expanding list of Indian states that have launched or are planning to launch solar power tenders. The Odisha Renewable Energy Development Agency (OREDA) will soon float tenders for large-scale solar power projects. Two tenders of 450 MW and 50 MW will be offered for interested developers to
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
Vietnam Sustainable Energy Alliance has called upon the government to increase the share of renewable energy in power generation sector and move away from coal-based power technology. At a recent seminar, the Alliance called upon the Vietnamese government to increase development of renewable energy resources and improve energy security in the country. Nguyen Thu Trang,
India may soon have a green bank which shall enable easy access to cheap international funding for its ambitious renewable energy targets. According to recent media reports, the Indian government is planning to convert the Indian Renewable Energy Development Agency (IREDA) into a full-fledged green bank. Agency’s Chairman and Managing Director, Mr KS Popli, recently
Karnataka is set to become the latest Indian state to revise solar power target in line with the central government’s target of 8% share of solar power in national power consumption by 2022. The state government of Karnataka is looking to increase the installed solar power capacity target from current 2 GW to 6 GW
India has found support from an unlikely corner in its fight against the recent ruling by the World Trade Organisation that termed the domestic content requirement policy under the National Solar Mission as ‘inconsistent’ with international norms. Xie Zhenhua, Special Representative for Climate Change of China, while speaking at the 22nd BASIC Ministerial Meeting on
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 &
Wind energy companies are India faces tough times ahead as critical incentives for project developers are set to expire in one year. According to sector analysts, and some developers themselves, annual capacity addition in the wind energy sector is expected to see it final bloom this financial year. The Generation-based Incentive, or GBI, is set
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
The north Indian state of Haryana is the latest one to launch a revised solar power policy to align it according to the central government’s enhanced capacity addition target. The government of Haryana had recently organised an investors’ summit to attract fresh investments in the renewable energy, especially solar power sector. Despite have decent land
