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Renewable energy producers struggle to stay afloat

By : Sustainability ..., Nov 6, 2019

Independent power producers (IPPs) in renewable energy sector in the state are struggling to stay afloat as the government has delayed clearing their dues for months, even as they wait for a direction from the Andhra Pradesh Electricity Regulatory Commission (APERC) on...

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OPIC has invested $350 million in renewable sources in India: US State Department

By : Sustainability ..., Nov 5, 2019

Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, has invested $350 million in six new solar and wind-power generation facilities in India, the US Department of State said on Sunday. "OPIC invested $350 million (Rs 2,480...

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Andhra Pradesh: Bad weather hits supply of renewable energy

By : Sustainability ..., Oct 1, 2019

Energy secretary Dr N Srikanth on Monday said power shortage in the state was not due to non-purchase of solar and wind power. He said solar and wind plants could not operate at optimum level due to inclement weather. In a statement, the energy secretary said they got a...

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Hero Future Energies reorganises business to make overseas foray

By : Sustainability ..., Sep 30, 2019

Hero Future Energies has reorganised its business to expand its portfolio abroad and access cheaper funding. Hero Future Energies (HFE) Global, registered in London since 2016, will control the India business through a Singapore entity and spearhead the global plans. The...

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Ind-Ra maintains stable sector outlook for wind and solar power sectors

By : Sustainability ..., Sep 20, 2019

India Ratings & Research (Ind-Ra), a Fitch Group company, maintained a stable outlook for wind and solar power sectors for the remaining part of financial year 2019-20 (FY20). "The stable outlook emanates from likely in-line operational and financial performance of...

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NTPC to invest Rs 25,000 crore to set up solar park

By : Sustainability ..., Sep 19, 2019

NTPC, India’s largest power company, will not undertake any new coal-based generation for the next few years as part of measures to reduce its carbon footprint and has decided to invest about Rs 25,000 crore to set up one of the world’s largest solar parks at Kutch in Gujarat...

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India’s largest renewable energy companies: Acme, Adani and Greenko top the list

By : Sustainability ..., Jul 31, 2019

Acme Solar, Adani, and Greenko have topped the list of India’s largest solar power producers by capacity while in the wind energy sector Renew Power, Greenko and Sembcorp top the charts,...

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Renewable energy sector adds 2,151 MW in Q1

By : Sustainability ..., Jul 12, 2019

The renewable energy sector’s new capacity addition during the first quarter of this fiscal was higher at 2,151 MW when compared with the capacity addition of 1,541 MW in the year-ago quarter....

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Rajasthan: Renewed thrust on green energy with policy push

By : Sustainability ..., Jul 11, 2019

The Budget’s focus in the energy sector is to tap the immense potential of non-conventional energy sources. It proposes to generate 1,426 MW of wind power and 4,885 MW of solar power by 2023....

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Report: Global Emissions At 7-Year High

By : Sustainability ..., Jun 12, 2019

Global emissions have hit a seven-year high, according to BP’s annual energy review, putting the world behind on efforts to curb the effects of climate change. A rise in the number of days that...

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