The operational performance of power utilities has improved over the past year. There has also been a notable increase in power demand, which is reflected in the increasing utilisation levels measured by the plant load […]
Renewable energy sources have been increasingly adopted for building a sustainable future in India’s energy landscape. This transformation took time to develop; it is the product of coordinated efforts by the government, business and scholars, […]
The government has intensified its efforts and has implemented mea-sures to ensure that state-level bottlenecks do not hinder the growth of green open access markets. The Ministry of Power (MoP) has issued a directive to […]
Indian renewable energy company CleanMax Enviro Energy Solutions Private Limited has raised $360 million from Canadian investor Brookfield Renewable. With this, Brookfield Renewable has acquired a controlling stake in the company. This will allow CleanMax […]
India’s wind power segment has gone through various ups and downs over the past decade. On the one hand, the announcement of feed-in tariffs (FiTs) led to record deployments in the wind space in 2016-17. […]
One of India’s largest independent power producers in the renewable energy domain, ReNew (previously ReNew Power) has grown rapidly with the backing of key international investors since it was established in 2011. As per ReNew’s […]
In a key development, NTPC Limited has closed the transactions for consolidating its renewable energy portfolio into one entity, NTPC Green Energy Limited (NGEL). This move aligns with NTPC’s plans to transfer its entire renewable […]
The Ministry of Power (MoP) has finally released the much-anticipated guidelines for promoting pumped storage projects (PSPs). This policy is in line with the finance minister’s budget speech in February 2023, which mentioned the creation […]
In the Indian power sector there are perhaps only a few industries that have experienced a more significant series of changes in their tariff regime in recent times than those in the wind space. In […]
By Inder Bhambra, country head, business development and sales, Envision Energy India In January 2023, the Government of India carried out a significant overhaul of the auction norms and put an end to the inefficient […]
India is a front runner in the global quest for energy transition, being the third-largest producer of renewable energy in the world. The country has made several strides in its energy transition journey over the […]
Incorporated in 2001 by the state government, Uttarakhand Jal Vidyut Nigam Limited (UJVNL) has been playing a key role in meeting the power requirements of Uttarakhand. The company is responsible for hydropower generation through the […]
In the Union Budget 2023-24, the finance minister complimented the country for making rapid progress towards achieving its net zero target by 2070. The budget focuses on green growth. Key announcements included the National Green […]
From an energy product firm in 1947 to a fully diversified energy group in 2022, the journey of India-based infrastructure major Jakson Group has spanned the fields of distributed energy, solar, battery energy storage systems […]
The floating, canal-top, and canal-bank solar segments have been gaining traction as they help avoid land acquisition challenges and increase the output of power projects, despite their high upfront cost. Projections made by Wood Mackenzie […]
Vibrant Energy is a pure-play commercial and industrial (C&I) renewable energy-focused IPP. Vibrant’s strategic focus has meant that it has steered clear of the utility-scale and rooftop segments. Vibrant’s portfolio predominantly comprises offsite open access […]
India has set a target of net zero by 2070, alongside other emission targets for 2030. Further, in the recently updated nationally determined contribution, the country has committed to having non-fossil fuel-based energy sources to […]
Among the key reasons for India’s impressive renewable energy growth over the past few years are the country’s transparent competitive bidding mechanism for allocating projects and bankable contracts between offtakers and developers. The Solar Energy […]
By Namrata Mukherjee, Deputy Chief of Party and Rajiv Ratna Panda, Power Market Specialist, USAID’s SAREP Program, RTI, Mukul Sharma, Asia Director and Sumedha Basu, Policy Advisor, Climate Parliament South Asia and Climate Change South Asia […]
The 2022 United Nations Climate Change Conference held at Sharm el-Sheikh in November 2022 concluded with the landmark agreement to create the first-ever Loss and Damage Fund (LDF). The fund will provide financial assistance to […]
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