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Going ahead, all bids for solar and wind power projects will include a clause for the installation of automatic weather station on the site, the Central Electricity Authority stated in its guidelines.
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Adani Green Energy has reportedly decided to withdraw from the proposed $442-million wind power generation and transmission project in Sri Lanka after the new government sought to renegotiate tariffs, potentially ending overhang.
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With solar energy capacity expected to more than double in the coming years, the sector holds significant promise for investors
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"Suzlon Group is set to contribute to decarbonisation of the hard-to-abate sectors by harnessing the power of wind through a significant 400 MW order from JSP Green Wind 1 Pvt Ltd (SPV of Jindal Renewables Power)," it said.
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The move to reassess the Adani Green deal follows through on a campaign pledge by newly elected president Anura Kumara Dissanayake, who was swept into office last month after a closely contested three-way race.
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Many clean energy technologies, such as solar and wind power, are already cheaper over their lifetimes than traditional fuels like coal and oil, the Strategies for Affordable and Fair Clean Energy Transitions report says
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Adani Green is boosting capacity while maintaining an arm’s length with group firm Adani New Industries, a maker of solar and wind power gear. Adani Group plans to invest a total of Rs 2.3 lakh crore on renewable energy.
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The transaction values the project at Rs 132 crore adjusted for net working capital
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Both Suzlon and Inox Wind reported large order wins in December 2023
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Governments around the world have set ambitious targets to tackle climate change, but developers say power prices will have to rise to pay for it
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What wind needs is a signal that governments are going to match their clean-power pledges at whatever price the market needs, and slash whatever red tape is getting in the way of that goal
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In a stock exchange filing, India's top oil and gas producer said it has over the years diversified into the petrochemicals and power business besides growing its core business of finding hydrocarbons.
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Until we find a solution to stabilising solar and wind supply, coal-fired power plants will continue to supply energy to the country
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The government has made the National Institute of Wind Energy (NIWE) the nodal agency for offshore wind projects
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The collaboration is also to pursue initiatives in various areas of renewable energy in India and overseas, including offshore wind projects, exploring opportunities in storage, e-mobility, carbon credits, green credits, green hydrogen business and its derivatives, NTPC said in a statement
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Growing adoption and favourable government policies have helped reduce module prices, in turn lowering costs
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The company has also sorted out most of the land acquisition issues for expansion of its lignite mine in Tamil Nadu's Cuddalore district, says Prasanna Kumar Motupalli. A section of the locals have been protesting against the project and in May, NLCIL had to shut five units of thermal power plant due to lignite shortage.
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The government on June 12 extended its direction to imported coal-based plants to mandatorily operate and generate power till September 30 this year.
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Industry experts said there has to be substantial order pipeline volume for original equipment manufacturers (OEM) such as the wind turbine maker to consider entering offshore wind markets in India.
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Predictable RE tendering schedule is supportive, but policy flexibility is the key to meeting the clean power target
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Sharad Pungalia, CEO and MD, says the company’s first inter-state transmission system project in Rajasthan will be commissioned in the fourth quarter of this FY24. The company also plans to set up new renewable energy units of up to 700 MW in FY24, from 150 MW in the last financial year, he says.
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Nuclear plants aren’t just zero-emissions, they are much smaller on a per-megawatt basis than renewables. Indeed, they’re more than twice as space-efficient as coal power plants. If the goal is to decarbonise while sustaining living standards, no choice is entirely pure
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The Centre has also disallowed reverse bidding for such projects in the future. A formal procedure has been put in place to pool all the bids to ensure that capacity addition is done across all eight windy states in the country
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Wind energy has hit a rough patch with installation and performance both slowing; quick steps are needed to help the sector gather some tailwinds
