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Gujarat to develop hybrid project using solar, wind energy

According to reports, at a time when the demand for solar projects is dwindling, the Gujarat Energy Research and Management Institute (GERMI) is developing a hybrid technology using solar and wind energy to generate power. The institute is doing research on developing a hybrid rooftop solar-wind tower amid rising concerns over land utilisation and infrastructure costs. According to GERMI, this will not only improve land utilisation, but also reduce the cost of transmission infrastructure. The institute is planning to conduct ... Read More »

No such thing as a perfect renewable energy contract

According to reports, India’s 175 GW renewable energy (RE) targets by 2022 are ambitious, to say the least. Compared to RE targets in Europe, China, or California that require 4-5% growth in RE capacity annually, Indian targets require 25% growth. This translates to enormous capital investment (well over $100 billion), including from global investors. RE investors used to complain that dealing with India was like dealing with 30 countries; each state had its own norms. The model bidding document across states ... Read More »

Faced with challenges, power producers turn to group captive model

According to reports, the more than a decade old group captive model is attracting attention as power producers in the country continue to struggle with idle capacities, lack of long-term power purchase agreements (PPA), low merchant rates and pending dues from the state-run distribution companies. In October 2015, OPG Power Generation Pvt Ltd made a major shift in terms of sales from two of its power plants as it began selling to group captive consumers instead of the Tamil Nadu Generation ... Read More »

ABB to make India export hub for high-end power gear

According to reports, Swedish power equipment and robotics company ABB Ltd will transfer new smart-grid technologies to its Indian arm and ramp up local production to make the country an export hub for high-end power transmission systems and micro-grids, ABB India Ltd chief executive officer and managing director Sanjeev Sharma said. The idea is to capitalise on the growing market in India for energy-efficient equipment in the entire electricity value chain and for micro-grids capable of addressing power deficit in ... Read More »

NIIF to raise Rs 8,000 cr in FY18,fund projects of Rs 16,000cr

According to reports, the National Investment and Infrastructure Fund (NIIF) plans to raise Rs 8,000 crore from various sources to fund projects worth Rs 16,000 crore for the next fiscal. The government has allocated Rs 1,000 crore budgetary support to NIIF which will be leveraged to raise Rs 8,000 crore from strategic anchor partners, namely multilateral and bilateral institutions, sovereign wealth funds, pension funds and domestic public sector enterprises, according to Output Outcome Framework for Schemes 2017-18. This will fund ... 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 »

Mahagenco proposes separate solar feeders for farmers

According to reports, the Maharashtra State Power Generation Company Ltd (Mahagenco) has floated tenders to set up separate solar feeders for the agriculture sector. It is one of the most ambitious projects of the state government. A pilot project to this effect had already been successfully set up in Sangamner Tehsil of Ahmednagar. “We are currently tracking the status of the pilot projects, which appear to be successful. Meanwhile, tenders have been floated and the bidding process in on,” said ... Read More »

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