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Monthly Archives: February 2017

Schneider Electric India powers 2 GW of solar capacity in India, targets 2.5 GW by March 2017

Schneider Electric India – a global specialist in energy management and automation – has announced that it has powered more than 2 Giga watts (GW) of solar capacity in India through its range of inverters, transformers and other medium-voltage equipment commissioned across solar projects in India under the Jawaharlal Nehru National Solar Mission (JNNSM) & other schemes. India’s cumulative solar capacity has crossed 10,000 MW, 20% of which is flowing through Schneider Electric’s equipment. By March 2017, the company plans ... Read More »

India’s New Solar Auction Lights the Way to Modi’s Green Targets

According to reports, record low Indian solar tariffs tendered at a groundbreaking auction may catalyze green investments and help tip the balance of new power to renewables and away from fossil fuels.  Solar power in India fell to a record 3.30 rupees (5 U.S. cents) a kilowatt-hour on Feb. 10 after a World Bank-backed auction helped the central Madhya Pradesh state tender 750 megawatts of power. The auction format, which included payment guarantees and was run by the state and central ... Read More »

Wind power installations may cross 5,000 MW this year

According to reports, Sarvesh Kumar, Chairman of Indian Wind Turbine Manufacturers’ Association, is confident that wind power installations in India will cross the 5,000-MW-mark. The previous high was 3,472 MW of fresh capacity set up in 2015-16. The Association’s General Secretary, D V Giri, is a shade less optimistic. While 5,000 MW is not impossible, he says, upwards of 4,500 MW is certain. Year-end installations 5, 000 MW is a heady number — just two years back the sector struggled to ... Read More »

Suzlon Energy looks to list its maintenance arm to pare debt

According to reports, Suzlon Energy Ltd is exploring the possibility of listing its subsidiary Suzlon Global Services in order to pare its parent’s debt, an official familiar with the development told Moneycontrol.  Suzlon Global Services is a wholly-owned company of Suzlon Structures, which in turn is 100 percent owned by Suzlon Energy. “The IPO will make Suzlon Global debt-free,” the official said, adding the company could look to raise Rs 2,000 crore via the issue. The official said Suzlon Global would ... Read More »

MYSURU & HASSAN RAILWAY STATIONS TO GET SOLAR POWER

According to reports, Mysuru and Hassan railway stations will soon have solar panels installed on the roof. It is part of an all-India initiative by the Ministry of Railways. In Mysuru Railway division, Mysuru and Hassan stations will soon allot space to private parties on the roof of station premises for setting up the panels. Both stations will have solar panels with a 200 kw capacity unit generating 2000 units of electricity every day. Sources from Railways told Bangalore Mirror that ... Read More »

Get the strategy right for integrating renewable energy into Indian grid

According to reports, India has embarked upon a laudable and ambitious program to install 100 GW of solar PV plants and 60 GW of wind turbine plants by 2022. However, such a large scale addition of variable or intermittent generation in a system packed with inflexible baseload coal plants – expected to total to around 250 GW by 2022 – will pose a challenge to grid management. Tackling this will require some planning and course correction. Is there a precedent ... Read More »

Solar energy prospects brighten

According to reports, the Tamil Nadu Generation and Distribution Corporation (Tangedco) has received the lowest price bid of ₹4.40 per kilowatt hour for its 500 MW solar tender, lower than its benchmark tariff of ₹4.50/kwh. The State power utility had floated a tender for procuring 500 MW of solar power, after its previous tender last year received a tepid response. In the new tender, it had received bids from 22 developers to set up 300 MW of capacity. “The price ... Read More »

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