Sep 24, 2021 08:45 AM IST
Torrent Power is acquiring CESC's wind energy project subsidiary at 1.05 times the price to book value ratio
- Jun 22, 2021 10:27 PM IST
Under Renewable Purchase Obligation (RPO), bulk purchasers like discoms, open access consumers and captive users are required to buy a certain proportion of renewable energy out of their total consumption of electricity. They can also buy RE certificates from renewable energy producers to meet the RPO norms.
- May 20, 2021 12:30 PM IST
IEA report calls for a substantial reduction in fossil fuel use starting from the current decade.
- Jan 20, 2021 06:41 PM IST
The four southern states (Karnataka, Kerala, Tamil Nadu, and united Andhra Pradesh) have 1,526 GW of solar energy potential and 1,124 GW of wind energy potential, making them the major contributors to India’s renewable energy ambitions.
- Nov 24, 2020 08:48 AM IST
Renewable energy sector is recovering from COVID-19 disruption. Capacity additions are set to gather pace as work on delayed projects resumes
- Oct 27, 2020 04:51 PM IST
The American Wind Energy Association estimates that the pandemic could threaten a total of $35 billion in investment and about 35,000 jobs this year
- Oct 27, 2020 03:04 PM IST
The industry had hoped Congress might provide aid to renewable energy, but it got little from the stimulus bills passed in the spring.
- Oct 14, 2020 07:28 PM IST
It can be noted that the push towards clean energy has been driving global investor interest into the domestic renewables sector which has been visible in tenders getting oversubscribed amid strong participation by global investors despite the prices plunging to rock bottom of under Rs 1.4 a unit for solar.
- May 26, 2020 03:57 PM IST
The 300MW deal is likely to rank among the largest wind energy deals in India.
- Jan 29, 2020 01:50 PM IST
Though on a year-on-year basis, capacity addition is likely to improve to about 2.5 GW in FY2020, from 1.6 GW in FY2019, achieving the 60 GW target set by the government by December 2022, remains a challenge, the report said.
- Jun 19, 2018 07:13 PM IST
The MNRE recently invited Expressions of Interest (EoI) for the first 1 GW offshore wind project in India, which has evoked keen response from the industry, both global and Indian, the ministry said in a statement.
- Jun 04, 2018 02:39 PM IST
The project awards so far are expected to improve the capacity addition in the wind power segment to about 3 to 3.5 GW in FY2019 against 1.7 GW in FY2018, ICRA said in a statement.
- May 02, 2018 01:41 PM IST
The battery uses a cheap industrial salt— manganese sulphate—to go through the chemical process which stores the excess energy in form of hydrogen gas
- Jul 18, 2017 03:38 PM IST
The Street is worried that in FY18 there will be more pressure on margins and the working capital cycle will be extended thus putting further pressure on the liquidity and coverage ratio.
- Jan 20, 2017 01:02 PM IST
The wind energy sector can easily achieve the target of 60 GW by 2022, and also harness the export potential of 10 GW (~ USD 10 billion), if the following recommendations can be considered in the upcoming Union Budget, says Tulsi Tanti, Chairman and Managing Director, Suzlon Group.
- Jan 16, 2017 05:30 PM IST
Wind turbine maker Suzlon Group today said that it has achieved 10,000 megawatt (MW) cumulative wind energy installations in India.
- Jan 11, 2017 12:48 PM IST
Wind Turbine maker Suzlon Group today said it has won a 226.8 mega watt wind power project from an independent power producer (IPP) in Andhra Pradesh.
- Dec 19, 2016 07:46 PM IST
The scheme for procurement of wind
energy through auction is a positive for the sector but
receivables (payment delays by discoms) remain an area of
concern, says ICRA.
- Nov 24, 2016 11:45 AM IST
In an interview with CNBC-TV18, S Venkatachalam, MD of Orient Green said that the company expects Rs 500 crore worth of revenue and EBITDA in the range of Rs 280-290 crore in FY17.
- Nov 05, 2016 04:23 PM IST
Our present energy use relies on vast storage facilities, underground reservoirs of natural gas, tankers of fuel, even water stored in hydroelectric dams. As our energy use changes so will our energy storage options.
- Oct 31, 2016 01:00 PM IST
India will get electricity generated by wind-propelled plants installed in Gujarat and Tamil Nadu in about five years as part of the country's green energy development programmes, an energy expert has said.
- Jun 01, 2016 05:43 PM IST
States will be given coal linkages, so that they can use the coal for their own power plants. A framework on coal linkages is a work-in-progress, says Piyush Goyal, Minister of Power, Coal, New and Renewable Energy.
- May 30, 2016 06:18 PM IST
New capacity addition by the wind power sector may decline to 2,500 MW in current fiscal against that of 3,415 MW in last fiscal due to challenges faced by the
segment in the two states of Madhya Pradesh and Maharashtra, rating agency ICRA said on May 30
- May 02, 2016 01:20 PM IST
"Suzlon Group... has commissioned 900 mw wind energy projects during the financial year 2015-16, of which 520 mw was commissioned in Q4FY16," the company said in a statement.
- Mar 08, 2016 01:44 PM IST
Ministry of New and Renewable Energy has floated a draft for Repowering of Wind Power Projects in the country for comments from stakeholders by March 14, 2016.