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  • Latest Renewable Energy News

    Solar sunrise

    According to reports, solar power tariffs have hit a new low. US-headquartered SunEdison’s winning bid of ₹4.63 a kWh for a 500 MW project in Andhra Pradesh, has evoked comparisons with the e-commerce industry, where critics have mockingly dubbed the business model as ‘scale-up and trust to luck’. It has also deepened the cleft between the believers and cynics, with the former pointing out that as long as two years back, global renewable energy consultancy GTM Research had predicted solar ... Read More »

    Indian Railways brings out policy on solar capacity panels at stations

    According to reports, in line with the budget commitment made by Indian Railways towards installation of solar plants as part of its ‘Solar Mission’ to reduce dependency on fossil fuels, the transporter has come out with a policy on solar capacity panels on rooftops of railway stations. It has envisioned a plan to source 1,000 mw of solar power over five years besides establishing 132 mw of windmill plants by REMCL. Of the 1,000 mw which will be harnessed through ... Read More »

    How solar energy is changing the power sector’s dynamics

    According to reports, non-performing assets (NPAs) in the power sector made their appearance in 2007, when a number of companies announced big power projects. Most of these projects are yet to see the light of the day, with many languishing as NPAs in the banking sector’s books. Of late, the rush of companies announcing their entry in to the solar power sector raises the question of whether this is a repeat of the old power story. Lanco Infratech announced Monday ... Read More »

    India set for Paris climate meet with grand plans on renewables

    According to reports, seeking a grand alliance among 122 nations to pursue solar energy, India is set to make a significant impact at the 12-day climate change conference in Paris, with Prime Minister Narendra Modi himself unveiling the country’s position on Monday, the opening day. The Indian prime minister will be among the 147 heads of state and government who have, thus far, consented to attend the event – officially called the 21st Session of the Conference of Parties under ... Read More »

    Chennai startup develops power-saver device for solar units

    According to reports, in a significant development that could give a big boost to the adoption of solar energy in power-starved countries like India, a Chennai-based startup has come out with a unique device – a dual mode micro-inverter. Kripya Technologies, a Chennai-based company established by Dr V.G. Veeraraghavan in 2010, inspired by the 11th president of India late Dr A.P.J. Abdul Kalam, has come out with the cost-saving inverter that functions in on-grid as well as off-grid modes. “A ... Read More »

    Govt. bats for revising RPO target to 10% by 2022

    According to reports, the government is looking at increasing renewable purchase obligation (RPO) targets from 3 per cent to 10 per cent so as to meet the one lakh MW solar capacity by 2022. Under the RPO, distribution companies (discoms) are mandated to purchase a certain amount of their power from renewable sources. The current tariff policy mentions separate percentages of RPO for solar and non-solar sources. “If we have to achieve the target of 1,00,000 MW of green power, ... Read More »

    ABB showcases its multi-source microgrid

    According to reports, ABB, a power and automation technology company, showcased its first full-fledged multi-source microgrid at the global customer fair — Automation and Power World (APW). The three-day fair, organised in New Delhi, closes on November 6. The microgrid is equipped with a battery bank for power storage and balancing, and can function independently or as a supplement to the main grid. Powered by solar and wind, it can generate up to 125 kilovolt ampere (kVA) — enough clean ... Read More »

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