Concentrating solar power (CSP) plants,” explains the Solar Energy Industries Association, “use mirrors to concentrate the sun's energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night.” Despite all the promise [...]
Costs of building large-scale solar installations in India fell by 27 percent in 2018. A short time ago, solar power was considered a marginal power source. But it is now one of the major drivers behind the transition to a greener, more sustainable energy. Around the globe, prices are falling and India is now producing [...]
Stressing the need for robust last-mile connectivity, the Centre has urged the Delhi government to release funds to procure 427 electric buses by Delhi Metro Rail Corp (DMRC). Informed sources said that DMRC had submitted a proposal in January 2018 to the Delhi government for providing a grant under the Viability Gap Funding (VGF) [...]
As India moves towards greater adoption of renewable power in the energy mix, a dispute resolution committee has been formed to consider unforeseen disputes between public and private players. Minister of State for Power and New & Renewable Energy (Independent Charge) R K Singh approved the formation of a three-member dispute resolution committee to consider [...]
One of India’s leading private sector power companies is the latest to reportedly consider setting up a yieldco Power generation company Tata Power is reportedly considering setting up a yieldco for the operational renewable energy projects of the company. Tata Power is India’s largest integrated power company and part of the massive industrial conglomerate the Tata Group. [...]
Panel upholds India’s claims that renewable energy subsidies in eight American states violated a core global trade rule The renewable energy sector win may help India in settling other disputes with the US Geneva: India on Thursday won a major trade dispute against the US at the World Trade Organization, with a dispute settlement panel pronouncing [...]
Despite financial losses of state-owned electricity distribution companies (discoms) rising 44% annually to rs 21,658 crore at the end of FY19, electricity regulators of most major states have either delayed or announced meagre tariff hikes that would exacerbate the discoms’ financial woes in FY20. As it is, limited or no tariffs hike was [...]
The new tender seeks to set up 6 GW of solar plants, against 2 GW of manufacturing units. After repeatedly postponing the last date for receiving bids for the manufacturing-linked solar scheme, the Solar Energy Corporation of India (SECI) has tweaked its bidding requirements. The new tender seeks to set up 6 GW of solar [...]
The Chandigarh Renewal Energy, Science and Technology Promotion Society (Crest), the nodal agency for installation of solar plants in Chandigarh, had recently proposed to extend the deadline CHANDIGARH: The UT administration has extended the deadline for the installation of solar plants by three months in the third extension given so far. The Chandigarh Renewal Energy, Science and Technology Promotion [...]
The government also wants to encourage people with rooftop panels to install batteries Britain’s biggest energy companies will have to buy renewable energy from their own customers under new laws to be introduced this week. Homeowners who install new rooftop solar panels from 1 January 2020 will be able to lower their bills by selling [...]
