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Renewable energy mission needs a robust grid network

According to reports, air pollution in Delhi and metropolitan cities of India has dominated much of the recent conversation in the judiciary, government and media. Half of the world’s 20 most polluted cities, according to World Health Organization, are in India and these cities are immensely contributing to climate change. On 2 October 2016, India ratified the Paris climate agreement, officially emphasizing its commitment to reduce greenhouse gas emissions. Nonetheless, just two years after embarking on the grand campaign to ... Read More »

For whom the bell tolls?

According to reports, as renewable energy prices drop and investors show more than curiosity, conventional sources may take a hit, says M Ramesh  Never have two sit-up-and-take-notice events happened in rapid succession as in the Indian renewable energy sector in the February of 2017. Solar prices at ₹3.29 (averaged over 25 years) and wind at ₹3.46 a kWhr have been events of such signal importance that they practically eclipsed another development in the sector—that of the government allocating a whopping ... Read More »

Cheap Chinese imports burn domestic solar cell, module makers

According to reports, Indian solar cells and modules manufacturers have not able to cash in on the opportunity of rising solar power installations thanks to Chinese competition. Between April and October 2016, India imported solar power material worth more than $1 billion. Solar power installations in India reached 4 GW in 2016, up from 883 MW in 2014. Installations are expected to surpass 9 GW in 2017. The Centre wants to ramp up domestic manufacturing to reduce imports of solar ... Read More »

ADB to lend $500 million to India for power transmission projects

According to reports, the Asian Development Bank (ADB) will lend $500 million to India to improve large-scale power transmission from the northern to the southern regions, while helping integrate renewable energy in the country’s power system. The ADB loan will make up around 19% of the $2.58 billion total project cost while Power Grid Corporation Ltd will provide $2.08 billion. The loan has a 20-year term, including a five-year grace period.  “Expansion of inter-regional connectivity enables bulk power transfer to ... Read More »

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 »

Renewables row: US blocks India at WTO on localisation issue

According to reports, India’s request for a dispute settlement panel against the US for incentivising use of domestic over imported goods in its renewable energy programmes was taken up by the World Trade Organisation on Monday. The move, however, was blocked by the US, which said that it had not flouted norms. “The US’ move of blocking the panel was expected. Now we will have to put in our panel request again. The WTO will have to oblige the second ... 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 »

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