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Green developers in AP lost Rs 1,400 cr since August

By : Sustainability ..., Jan 10, 2020

Renewable energy developers have lost revenue of Rs 1,400 crore due to curtailment of wind and solar power in Andhra Pradesh since August last year, said industry executives. “Out of the 7,307 mw of renewable energy installed in Andhra Pradesh, 20-25% of solar power and 50-60...

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India has committed development of energy and infra projects worth Rs 75,000 cr in partner countries: MEA

By : Sustainability ..., Dec 18, 2019

India has committed development of energy and infrastructure projects worth Rs 75,000 crore across partner countries over the past five years, according to the Ministry of External Affairs (MEA). "As part of our active engagement with partner countries, the Government of...

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Share of renewable energy rises to 9%

By : Sustainability ..., Dec 18, 2019

The percentage of renewable energy in India’s energy mix has risen steadily to nearly 9 per cent from the 2014-2015 levels. But, the current installed renewable energy capacity of the country pales against the 282 GW conventional power generation capacity. This is because...

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Soft Bank sister firm to invest USD 4 bn in renewable energy in Gujarat

By : Sustainability ..., Dec 9, 2019

SB Energy, a sister company of Soft Bank of Japan, has announced that it will invest USD 4 billion or Rs 30,000 crore in renewable energy sector in Gujarat, a state government release said on Friday. The announcement was made at a meeting between chief minister Vijay Rupani...

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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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Adani Transmission Gets LoI For Transmission Project Linked To Renewable Energy In Gujarat

By : Sustainability ..., Nov 1, 2019

Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, said on Thursday it has received a letter of intent from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat for a period of 35...

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Wind to become largest power source by 2050, says Irena

By : Sustainability ..., Oct 24, 2019

The International Renewable Energy Agency (IRENA) has released a new report named 'Future of Wind' in which it has suggested that wind energy could be the single largest source of power generation by mid-century. The report says that wind has the capability of satiating one-...

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India to install 2.9 GW wind capacity in 2019: Report

By : Sustainability ..., Oct 15, 2019

Auctions were conducted for 5.2 GW until August 2019 but only 2.9 GW was awarded because of lack of developer interest. India is likely to install more wind capacity in 2019 than it did last year, but it will still be well below what it used to be earlier. According to...

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AP discoms seek steep cut in solar, wind tariffs across all existing PPAs

By : Sustainability ..., Oct 14, 2019

Opening a new phase of sorts in the ongoing tussle with renewable energy players, Andhra Pradesh power utilities on Friday filed three separate petitions before the Andhra Pradesh Electricity Regulatory Commission (APERC) seeking reduction in tariff across all the existing...

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India’s solar and wind boom is fizzling

By : Sustainability ..., Oct 11, 2019

The world’s second most populous nation has been a shimmering bright spot for solar and wind growth, driven by government policies and ambitious targets. But new projects have stalled amid increasing regulatory uncertainty as states, their financially strained electricity...

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