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Odisha seeks green energy funds

According to reports, the state government has demanded funds from the National Clean Energy Fund (NCEF) to promote use of renewable energy in the state. The NCEF corpus, comprising central cess on the coal mined, is being spent for research and development of clean energy technology. According to official sources, the NCEF corpus has reached Rs 10,127 crore as on March 2014. The fund is expected to grow by another Rs 6,800 crore with doubling of the cess from Rs ... Read More »

CAG finds flaw in Chhattisgarh renewable energy plan

According to reports, the state-run Chhattisgarh Renewable Energy Development Agency (CREDA) had inked 104 agreements for setting up renewable energy projects during the Global Investors Meet 2012 but not a single project has take shape. The CREDA executed 104 Memoranda of Understanding with various developers in 2012 for installation of solar photo voltaic power plants (SPVPP) of 5330 Megawatts (MW). Since 2001, CREDA had also sanctioned 50 small hydro power (SHP) projects for 612 Mw on the sites identified by ... Read More »

175 GW green energy target “not very high”: B K Chaturvedi

According to reports, the target of achieving 1,75,000 MW renewable energy by 2022 may be “ambitious” but it is “not a very high target”, a former Planning Commission official has said today. “175 GW is not a very high target… It may be ambitious,” B K Chaturvedi, Former Member (Energy), Planning Commission said at Renewable Energy convention here. He said that there are certain challenges in case “we have to move towards this target”, adding that the health of the ... Read More »

The solar-wind handshake

According to reports, in the expanding world of renewable energy, hybrid technology products are poised to make a dent! They promise to power the needs of small commercial establishments, farmhouses and homes in remote areas where conventional electricity cannot reach. At present, standalone solar photovoltaic panels, wind turbines and hydropower systems are providing solutions to an extent, with seasonal limitations and varying costs. Will hybrids emerge as a viable option in the near future? One of the first hybrids that ... Read More »

Maharashtra Govt rolls out incentives for renewable energy

According to reports, the state government has come out with its promised New and Renewable Energy Policy under which sops have been declared for developing various types of renewable energy. It has set a target of generating 14,400 MW through renewable sources. Many sops are common for the sources while some are sector-specific. The government has decided to promote six sources of renewable energy. They are: wind (5,000 MW), cogeneration using farm waste (1,000 MW), small hydel (400 MW), farm ... Read More »

India’s clean energy targets way ahead of others: UN

According to reports, India can lead the world in the area of sustainable energy from renewable sources, as its clean energy target is way ahead of the UN global goal, senior official of the United Nations said Monday. “We believe that India can lead the world. Your (India’s) targets here and some of the progress you are making here is way ahead of UN global targets. But of course, there is a lot more work to do,” United Nations Under ... Read More »

National Renewable Energy Act to change landscape of RE

According to reports, aiming for consolidation of the renewable energy sector and give it an institutional structure, the NDA government has drafted the first ever ‘National Renewable Energy Act-2015’. The act would enable a National Renewable Energy Policy, Renewable Energy Corporation of India, an advisory group and a committee on the same. Renewable energy was till yet governed by the Electricity Act -2003 – which is also undergoing amendments. “Following the suggestions of the standing committee, a separate law for renewable ... Read More »

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