renewable energy

70 Billion Units of Electricity Generated by Renewable Energy Sources in the 10-Month Period from April 2016 to January 2017

In the 10-month period from April 2016 to January 2017, in the current fiscal, 70.13 billion units of electricity were generated from renewable energy sources, stated Minister for Power Mr ...
/ / Other, Renewable Energy
LED

90 Million LED Bulbs Distributed Under UJALA Program in Financial Year 2015-2016

Energy Efficiency Services Limited (EESL) has distributed 90 million LED bulbs under the Unnat Jyoti by Affordable LEDs for All (UJALA) program in the financial year 2015-16. Under the UJALA ...
MNRE to Receive ~Rs.53.41 Billion (~$817 Million) From National Clean Energy Fund for FY2017-2018

MNRE to Receive ~Rs.53.41 Billion (~$817 Million) From National Clean Energy Fund for FY2017-2018

The Ministry of New and Renewable Energy (MNRE) will receive ~Rs.53.41 billion (~$817 million) from the National Clean Energy Fund (NCEF) for financial year 2017-2018. The National Clean Energy Fund ...
/ / Finance and M&A, Other
grid Integration

Renewable Energy Accounts for 16 Percent of India’s Energy Mix

Renewable energy generation in India continues to grow, accounting for ~16.10 percent of India’s energy mix. The country’s total installed power generation capacity is 315,369.08 MW with renewables accounting for ...
/ / Other, Renewable Energy
Month in a Minute

Month in a Minute: February 2017

Important Headlines and Data Points from the Indian Renewable Sector in February 2017 The 2017-18 budget proved to be a dampener for the Indian renewable energy sector. Manufacturing sector did ...
/ / Other, Renewable Energy
ADB

PGCIL Secures $500 Million from ADB to Develop the Green Energy Transmission Corridor

The Asian Development Bank (ADB) is providing a $500 million (~Rs.33.4 billion) loan to Power Grid Corporation of India (PGCIL) for the development of Green Energy Corridor, according to a ...
/ / Other, Renewable Energy
SECI Auctions 1,000 MW Wind

SECI Auctions 1,000 MW of Wind

Wind Tariff of Rs.3.46 (~$0.051)/Unit Discovered in India The Solar Energy Corporation of India (SECI) successfully auctioned 1,000 MW of wind in India. This was the first time that competitive ...
/ / Other, Wind
Indian port

CERC Releases Draft Renewable Energy Tariff Regulations for 2017-2020

The Central Electricity Regulatory Commission (CERC) released their draft tariff regulations for 2017 to 2020. The public hearing on the draft will be held on March 15, 2017, and the ...
/ / Other Energy
ReNew Power

Japan’s JERA Invests $200 Million in ReNew Power

JERA, a joint venture company of two of Japan’s largest utility companies – Tokyo Electric Power and Chubu Electric Power, invested $200 million for a 10 percent stake in India’s ...
/ / Finance and M&A, Other
shipping containers

CEEW: Solar Tariffs, Domestic Manufacturing and Jobs Expected to Increase after GST Rollout

Solar tariffs are expected to see a rise of 10 percent once the Goods and Services Tax (GST) is rolled out, according to a study by the Council on Energy, ...
/ / Other, Renewable Energy
Cumulative RE Installations

Cumulative Renewable Energy Installations Cross 50 GW in India

The share of renewable power in India’s energy mix continues to increase with cumulative installations now exceeding 50 GW. The solar sector is witnessing installations and project commissioning at a ...
/ / Other, Renewable Energy
Month In A Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in January 2017

Important Headlines and Data Points from the Indian Renewable Sector in January 2017 Solar Energy Corporation of India (SECI) released the list of successful developers for the 500 MW rooftop ...
/ / Other, Renewable Energy
Bonds

2017-18 Budget a Disappointment for the Indian Renewable Energy Sector

Overall, India’s 2017-18 budget is a disappointment for renewable energy sector. There were no major subsidies or incentives announced. There had been hope that reduction in accelerated depreciation and the ...
/ / Markets & Policy, Other
Lending rates

Solar Lending Rates Witness Slight Dip in the last Quarter

The Indian solar sector witnessed a slight dip in lending rates over the last quarter (Oct-Dec 2016). The average interest rates for solar projects came down slightly compared to the ...
/ / Finance and M&A, Other
Finance

ADB Approves $390 Million Financing Package for ReNew Power to Develop 709 MW of Solar and Wind in India

The Asian Development Bank (ADB) has approved a $390 million (~Rs.26.54 billion) financing package for ReNew Power, an Indian renewable energy project developer. The funds will be utilized to develop ...
/ / Finance and M&A, Other
Hindustan Salts Limited to Tap Developer for 100 MW Wind Project in Gujarat

Hindustan Salts Limited to Tap Developer for 100 MW Wind Project in Gujarat

Hindustan Salts Limited, a Government of India-owned company, has invited expression of interest from wind power developers to construct and develop a 100 MW wind power project in Kharaghoda, Gujarat ...
/ / Other, Wind
NREDCAP Tenders 4 MW of Wind in AP

NREDCAP Tenders 4 MW of Wind in Andhra Pradesh

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has tendered a 4 MW wind project in Andhra Pradesh. The bid-submission deadline is January 18, 2017. The estimated ...
/ / Other, Wind
Welspun Energy Divestment

Welspun Enterprises to Divest Entire 15.49 Percent Stake in Welspun Energy

Welspun Enterprises, an infrastructure company, has announced that it is going to divest its entire 15.49 percent stake in Welspun Energy, an independent power company. The Board of Directors has, ...
/ / Finance and M&A, Other
SECI Invites Tenders to Set Up 1,000 MW of Interstate Transmission System Connected Wind Projects

SECI Invites Tenders to Set Up 1,000 MW of Interstate Transmission System Connected Wind Projects

The Solar Energy Corporation of India (SECI) has invited tenders to set up 1,000 MW of Inter-State Transmission System (ISTS)-connected wind power projects. The development is in line with Ministry ...
/ / Other, Wind
India's Renewable Energy Installed Capacity Doubles with the Inclusion of Hydro

India’s Renewable Energy Installed Capacity Doubles with the Inclusion of Hydro

At the recently conducted Power Ministers’ conference in Goa, Hydro power has been granted renewable energy status. It was also decided that a separate renewable energy purchase obligation (RPO) should ...
/ / Other, Other Energy
Kerala

Kerala Targets 1 GW in Renewable Energy Installations to Meet Energy Demand

The renewable energy sector in Kerala could soon get a boost. The state plans to set up close to 1,000 MW of renewable energy projects comprising of solar and wind ...
/ / Other, Other Energy
renewable survey

Commercial and Residential Consumers Say it is Important for India to Develop and Use Solar Power, Mercom Capital Group’s India Consumer Survey Reveals

The “India Consumer Perceptions on Renewable Energy Survey,” conducted by Mercom Communications India, a wholly-owned subsidiary of Mercom Capital Group, llc, a global communications and consulting firm, focused on gauging ...
/ / Other, Renewable Energy
Solar

94 Percent of Commercial Establishments say Steady Power Can Bring an Improvement in Their Business Mercom Capital Group’s India Consumer Survey Reveals

The “India Consumer Perceptions on Renewable Energy Survey,” conducted by Mercom Communications India, a wholly-owned subsidiary of Mercom Capital Group, llc, a global communications and consulting firm, focused on gauging ...
/ / Other, Renewable Energy
Survey

Mercom Capital Group’s India Consumer Survey Reveals Consumer Attitudes Towards Renewable Energy Sources, Impact of Power on Business

Mercom Capital Group, llc, a global communications and consulting firm, released results of a consumer awareness study on renewable energy focused on gauging people’s and businesses’ perception and attitudes toward ...
/ / Other, Renewable Energy
wind turbines

Wind Sector VC Funding Reaches $455 Million in 2013, Project Funding $18.1 Billion

Strong IPO activity in wind sector in 2013 Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) ...
/ / Other, Wind