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  • The Green Pivot | CESC and SB Energy's exits point to lacklustre returns in renewable energy Sep 24, 2021 08:45 AM IST

    The Green Pivot | CESC and SB Energy's exits point to lacklustre returns in renewable energy

    Torrent Power is acquiring CESC's wind energy project subsidiary at 1.05 times the price to book value ratio

  • Govt to make green hydrogen purchase mandatory for certain sectors: R K Singh Jun 22, 2021 10:27 PM IST

    Govt to make green hydrogen purchase mandatory for certain sectors: R K Singh

    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.

  • How to position your portfolio to benefit from IEA's climate change report May 20, 2021 12:30 PM IST

    How to position your portfolio to benefit from IEA's climate change report

    IEA report calls for a substantial reduction in fossil fuel use starting from the current decade.

  • Southern states to lead India's renewable energy push, says report Jan 20, 2021 06:41 PM IST

    Southern states to lead India's renewable energy push, says report

    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.

  • Renewable energy capacity additions turn the corner, but challenges persist Nov 24, 2020 08:48 AM IST

    Renewable energy capacity additions turn the corner, but challenges persist

    Renewable energy sector is recovering from COVID-19 disruption. Capacity additions are set to gather pace as work on delayed projects resumes

  • How the virus slowed the booming wind energy business Oct 27, 2020 04:51 PM IST

    How the virus slowed the booming wind energy business

    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

  • COVID-19 Impact | How the virus slowed down the booming wind business Oct 27, 2020 03:04 PM IST

    COVID-19 Impact | How the virus slowed down the booming wind business

    The industry had hoped Congress might provide aid to renewable energy, but it got little from the stimulus bills passed in the spring.

  • Investments into renewables seen rising 35% by FY23: Report Oct 14, 2020 07:28 PM IST

    Investments into renewables seen rising 35% by FY23: Report

    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.

  • Saudi energy firm Alfanar to sell half of its wind power projects in India: Report May 26, 2020 03:57 PM IST

    Saudi energy firm Alfanar to sell half of its wind power projects in India: Report

    The 300MW deal is likely to rank among the largest wind energy deals in India.

  • Wind energy capacity addition to remain subdued this fiscal: Report Jan 29, 2020 01:50 PM IST

    Wind energy capacity addition to remain subdued this fiscal: Report

    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.

  • Ministry of New and Renewable Energy sets 30 GW offshore wind energy target by 2030 Jun 19, 2018 07:13 PM IST

    Ministry of New and Renewable Energy sets 30 GW offshore wind energy target by 2030

    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.

  • ICRA pegs wind energy capacity addition at 3-3.5 GW in FY'19 Jun 04, 2018 02:39 PM IST

    ICRA pegs wind energy capacity addition at 3-3.5 GW in FY'19

    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.

  • Stanford researchers develop water-based battery to store solar and wind energy May 02, 2018 01:41 PM IST

    Stanford researchers develop water-based battery to store solar and wind energy

    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

  • Inox Wind: Falling orders, not fears of insolvency should worry investors Jul 18, 2017 03:38 PM IST

    Inox Wind: Falling orders, not fears of insolvency should worry investors

    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.

  • Budget 2017: Need energy security to help low carbon economy, says Suzlon Jan 20, 2017 01:02 PM IST

    Budget 2017: Need energy security to help low carbon economy, says Suzlon

    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.

  • Suzlon achieves 10 GW installed wind energy milestone in India Jan 16, 2017 05:30 PM IST

    Suzlon achieves 10 GW installed wind energy milestone in India

    Wind turbine maker Suzlon Group today said that it has achieved 10,000 megawatt (MW) cumulative wind energy installations in India.

  • Suzlon bags 226.8 MW wind power project in Andhra Pradesh Jan 11, 2017 12:48 PM IST

    Suzlon bags 226.8 MW wind power project in Andhra Pradesh

    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.

  • Procuring wind energy through bids a positive for sector: ICRA Dec 19, 2016 07:46 PM IST

    Procuring wind energy through bids a positive for sector: ICRA

    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.

  • Expect Rs 500 cr revenue, Rs 290 cr EBITDA in FY17: Orient Green Nov 24, 2016 11:45 AM IST

    Expect Rs 500 cr revenue, Rs 290 cr EBITDA in FY17: Orient Green

    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.

  • Here's how batteries will aid green energy revolution Nov 05, 2016 04:23 PM IST

    Here's how batteries will aid green energy revolution

    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.

  • India to get electricity from offshore wind energy in 5 yrs Oct 31, 2016 01:00 PM IST

    India to get electricity from offshore wind energy in 5 yrs

    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.

  • We converted India into a nation of coal surpluses: Piyush Goyal Jun 01, 2016 05:43 PM IST

    We converted India into a nation of coal surpluses: Piyush Goyal

    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.

  • New wind power capacity may decline to 2,500 MW in FY17: ICRA May 30, 2016 06:18 PM IST

    New wind power capacity may decline to 2,500 MW in FY17: ICRA

    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

  • Suzlon commissions 900 mw wind energy projects in FY16 in India May 02, 2016 01:20 PM IST

    Suzlon commissions 900 mw wind energy projects in FY16 in India

    "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.

  • Govt mulls policy to promote wind energy projects Mar 08, 2016 01:44 PM IST

    Govt mulls policy to promote wind energy projects

    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.

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