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  • Latest Renewable Energy News

    Sembcorp increases stake in India renewable energy business to 72%

    According to reports,  SEMBCORP Utilities, a wholly owned subsidiary of Sembcorp Industries, announced on Thursday that it is increasing its stake in its India renewable energy business Sembcorp Green Infra, to 72 per cent for one billion rupees (approximately S$21.4 million). Sembcorp Utilities has subscribed to an entire rights issuance by Sembcorp Green Infra to fund the company’s growth in the renewable sector in India, including the portion of the rights issuance that was not subscribed to by its partner ... Read More »

    India Power in talks with 3 companies to acquire renewable projects

    According to reports, India Power Corporation is in talks with three large non-power companies in Gujarat and West Bengal for acquiring renewable generation capacity totalling 110 mw, a top official said. “Having successfully acquired 1,000 mw thermal power capacity of Meenakshi Energy from French power company Engie in February last year, we are now looking at acquiring renewable assets from non-power companies that are not keen on maintaining these assets,” said Raghav Kanoria, managing director at the Kolkata-based power generation and utility ... Read More »

    Wind generation falls, Tangedco may purchase power

    According to reports, wind power generation fell to 495MW on Monday night from nearly 3000MW a few days ago. Monday being a holiday due to Janmashtami, power demand in the state was less than 10,000MW, and with the help of standby thermal units, Tangedco was able to supply power. Wednesday could be a challenge for the discom when the demand is expected to cross 13,000MW. Without wind power generation and both the units of Kudankulam, it could be tough to ... Read More »

    Grid Connectivity for Wind Power: Making a case for bid winners

    According to reports, the Ministry of New and Renewable Energy has made a strong pitch before the central electricity regulator seeking that wind developers who have bagged projects at recent bidding exercises and those who go on to win bids in future auctions be accorded “priority” for getting transmission connectivity to the grid. The ministry, in its August 11 missive to the Central Electricity Regulatory Commission (CERC), has cited the need for “regulatory support” as a prerequisite to achieve the ... Read More »

    How India can improve its rooftop solar journey

    According to reports, energy security is perhaps the most powerful lever that pivots the growth trajectory of an economy irrespective of the country’s political milieu. Massive international efforts invested in decarbonization over the past few decades have proven that renewable energy, with its enduring potential is no doubt a far more potent propeller of inclusive development than its conventional counterparts. Ideologically too, this movement toward greener energy is redefining what it means to be a responsible entity, be it individual, ... Read More »

    Indian Energy Exchange plea for spot trading of renewable energy shot down by CERC

    According to reports, the Central Electricity Regulatory Commission (CERC) did not approve the proposal of the Indian Energy Exchange (IEX) to introduce spot trading of renewable energy on its platform. While the IEX expected the mechanism to provide more options to fulfill renewable purchase obligations (RPO) of discoms, encourage new capacity addition and address the uncertainties around signing of long term PPAs and cost recovery issues for renewable energy players, CERC felt that the current market condition is not yet ... Read More »

    Renewable energy: Govt to hold second edition of RE-Invest in Dec this year

    According to reports, after postponing the mega renewable energy event RE-Invest three times in last two years, the Central government has finally decided to hold it in Greater Noida in December this year. “We have been facing problems in arranging the sponsors for this event. Hopefully, the problems will be resolved by November and the event in December would be as successful as the last one,” said a senior government official on the condition of anonymity. The first Global RE-Invest ... Read More »

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