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Adani Green plans to complete 1,300 MW of hybrid projects by 2021

By : Sustainability ..., May 6, 2020

Adani Green Energy, a renewable energy firm of the Adani Group, plans to complete 1,300 megawatt (MW) of hybrid projects by calendar year (CY) 2021, said its Chief Executive Officer Jayant Parimal in an analyst call on Monday. “We have signed 1,300 MW of hybrid projects, out...

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COVID-19 impact: Green energy installation trips in February, March

By : Sustainability ..., May 4, 2020

Only 222 mw of solar capacity and 25 mw of wind capacity was installed in March as activities came to a halt following the Covid-19 outbreak, and installation would remain slow for another two months, said industry. Construction work began to slow down around the first week...

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States with highest growth in solar, wind capacity also those worst-hit by coronavirus

By : Sustainability ..., Apr 9, 2020

India’s top 10 worst-hit states in terms of confirmed coronavirus cases also happen to be those which registered maximum addition of solar and wind energy generation capacity in 2019. There is no causal link between the geographical spread of coronavirus infections and...

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Investments in RE Sector Fell 14% to Rs 68550 Cr in 2019

By : Sustainability ..., Mar 20, 2020

Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. In 2018, the estimated investment in the domestic RE sector was at Rs 79,606 crore, Minister of Power, New and Renewable...

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Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18

By : Sustainability ..., Feb 19, 2020

India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power and New and Renewable Energy, RK Singh has said. Answering a...

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India’s Reservoirs Can Generate 280 GW Power via Floating Solar: TERI

By : Sustainability ..., Feb 19, 2020

India’s reservoirs have 18,000 sq. km of area with the potential to generate 280 GW of solar power through floating solar photovoltaics (FSPVs) plants, according to a new study by The Energy and Resources Institute (TERI), an energy and environment think tank. TERI’s new...

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CEA Report Shows RE Generation Increased by 17.2% YoY in December 19

By : Sustainability ..., Feb 10, 2020

The latest report by the Central Electricity Authority (CEA) tracking the monthly renewable energy generation in India for the month of December 2019 has revealed that electricity generated from renewable energy (RE) sources increased by 17.2 percent year over year (YoY) from...

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India's national transmission grid must urgently modernise to increase rate of renewable energy adoption: Study

By : Sustainability ..., Feb 10, 2020

India's national transmission grid must urgently modernise to increase rate of renewable energy adoption, a study by Institute for Energy Economics and Financial Analysis (IEEFA) suggests. “This is a key prerequisite for achieving renewable energy investment ambitions while...

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Total to buy 50% stake in Adani solar unit for $510 million

By : Sustainability ..., Feb 7, 2020

Adani Green Energy (AGEL) said on Thursday that Total SA has signed a binding agreement wherein the French energy giant will invest $510 million to acquire 50% stake in the upcoming unit which will house AGEL’s 2,148 megawatt (MW) of currently operational solar projects. The...

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Jobs: India needs 1,000 GW of solar power capacity to replace coal workers

By : Sustainability ..., Jan 30, 2020

India would need 1,000 gigawatt (GW) of solar power capacity to replace coal mining jobs, according to a recent study. With a mounting global pressure to shift away from coal and adopt renewable energy sources, ensuring that coal miners find jobs locally in other industries...

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