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Neeri to use STP, solar panels for Naik Talao’s facelift

By : Sustainability ..., Nov 11, 2019

The National Environmental Engineering Research Institute (Neeri) will use solar panels for rejuvenating Naik Talao, which has been neglected for long by NMC. Deputy mayor Deepraj Pardikar on Friday convened a meeting over rejuvenation works being entrusted to Neeri. The...

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MNRE issues clarification on hybrid wind-solar projects’ contribution to RPO of discoms

By : Sustainability ..., Nov 11, 2019

The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding contribution of power sourced from hybrid wind and solar power projects towards meeting Renewable Purchase Obligation (RPOs) of discoms. MNRE has said that the RPO contribution of obligated...

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Tamil Nadu: State’s green energy obligation fixed at 21%

By : Sustainability ..., Nov 11, 2019

Tangedco’s renewable power obligation (percentage of renewable power in total power purchase) has been fixed at 21% for the financial year (2021-22) and of this, nearly 50% will be solar power. The TNERC in its latest order has said solar power must be 10.50% of the total...

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Siemens to impart skills in renewable energy and e-mobility

By : Sustainability ..., Nov 6, 2019

Siemens will partner with India’s Ministry of Skill Development and Entrepreneurship and Federal Ministry for Economic Cooperation and Development of the Federal Republic of Germany (BMZ) to impart ‘Skills for Sustainable Growth’ using German Dual Vocational Education and...

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Greenko Solar, Neerg Energy to be most affected on discom’s non-payment of dues

By : Sustainability ..., Oct 22, 2019

Greenko Solar (Mauritius) (US Dollar notes rated BB-) and Neerg Energy (US Dollar notes rated B+) are likely to be affected the most as per the test conducted by Fitch to measure the liquidity strength of its rated renewable companies on the basis of adjusted cash flows from...

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Renewable energy capacity to exceed 175 GW target by 2022: MNRE

By : Sustainability ..., Oct 11, 2019

The New and Renewable Energy Ministry on Thursday denounced a Crisil report that stated the ministry may miss the renewable energy target by 42 per cent, and asserted that the clean power capacity by 2022 will exceed the goal of 175 GW. The ministry termed the report as "ill...

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India’s solar, wind energy goal achievable? Govt tells how it will beat target, reveals roadmap

By : Sustainability ..., Oct 11, 2019

India will not only meet, but beat the seemingly impossible target of installing 175 gigawatts of renewable energy generation capacity by 2022-end, as the current work in progress leaves very little to be done to achieve the feet, according to the government. The Ministry of...

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India: Shell joins the solar boom with acquisition of Orb Energy

By : Sustainability ..., Oct 10, 2019

Global oil major Shell has taken another step towards India’s growing renewable energy market by purchasing a 20% stake in Bangalore-based Orb Energy, a company that provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV. Founded in 2006, Orb...

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Corporate solar power funding jumps 34% to $9 billion in 2019

By : Sustainability ..., Oct 10, 2019

Global corporate funding in the solar power sector jumped 34 per cent to $9 billion in the first nine months of 2019, according to clean energy consulting firm Mercom. In the third quarter ended September, solar funding more than doubled to $3 billion from $1.3 billion in the...

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175 GW renewables by December 2022, clarifies government

By : Sustainability ..., Oct 10, 2019

The ministry of new and renewable energy (MNRE) clarified on Wednesday that the deadline for installing 175 giga-watt (GW) of renewable energy is December 31, 2022. “At places the date for achieving the stated target is mentioned differently, i.e, by the year 2022 or by FY22...

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