Tag: India

Policy Shift Puts 3 Gigawatts of Wind Energy Capacity in India for Sale

As India moves towards competitive auctions and away from incentives, companies that do not engage in renewable energy generation as their core business are now looking to offload these assets. According to recent...

India’s Renewable Energy Capacity Addition In Q2 2017 Lowest In 6 Quarters

India added the least renewable energy capacity it has added in six quarters during Q2 2017, which is also 25% less than what was added during the same period last year. According to...

India’s Q2 2017 Wind Energy Addition Lowest In 2 Years

India’s wind energy capacity addition during April and June 2017 fell to historic levels as the sector added less than 7% of the capacity added during the preceding quarter. Compared to the 3,579...

Renewable Energy To Exceed Thermal Power Capacity In India By 2027, Says Government Study

The rapid growth in renewable energy sector in India will easily overtake that in the thermal power sector and would result in more renewable energy capacity being operational than thermal power capacity...

Renewable Energy Can Deliver 25% Of India’s Energy Demand By 2030

A new report from the International Renewable Energy Agency has concluded that India can meet a quarter of its energy demand with renewable energy sources by 2030. The new study published by the...

Ratings Agency Says India Needs To Do More To Achieve 175 Gigawatts Renewables Target

Delay in payments from utilities, non-compliance with renewable energy procurement targets, and non-availability of transmission infrastructure for power injection are some of the major issues Indian renewable energy developers are facing. These...

India’s Recent 500 Megawatt Rooftop Solar Auction Sees Lowest Bid Of 3.4¢/kWh

India has auctioned the largest capacity of rooftop solar power projects in history and the results are extremely promising and could provide a much-needed boost to the rooftop solar power market. The Solar...

Tata Steel Commissions First Solar Project At Indian Iron Ore Mine

India’s second largest steel maker, Tata Steel, recently commissioned the country’s first solar power project located at an iron ore mine. Tata Steel has commissioned a 3 megawatt solar power project at an...

India Begins Anti-Dumping Investigations On Imported Solar Modules

As India and China face off at the troubled international boundary around Tibet, India has opened anti-dumping investigations against Chinese solar module imports. Along with Chinese modules, those imported from Taiwan and...

French Utility Engie May Buy Out Equis Energy India Assets

Indian media outlets have reported a new development on the market buzz that Equis Energy, a renewable energy IPP in India, is looking to sell its assets. Business daily Mint has reported that...

Indian Wind Tender 3X Oversubscribed, New Record Low Tariff Expected

The Solar Energy Corporation of India (SECI), responsible for conducting wind energy auctions in India, has seen a tremendous response to the latest 1 gigawatt tender. According to media reports, project developers have...

The Rising Price Of Chinese Modules Could Jeopardize New Indian Solar Plants

As top executives of some of the leading Indian and international project developers slugged it out for more than 24 hours at a stretch in May of this year to outbid one...

Tamil Nadu, India, Generates Record Wind Power, Is Forced To Shut Down Thermal Plants

The monsoon season in India brings with it very high wind speeds, especially in the southern part of country. This year it has enabled record wind power generation in at least one...

Indian Wind Slowdown Hits Siemens Gamesa Revenues

A temporary downturn in the Indian wind market is at the heart of a 7% decrease in Siemens Gamesa’s quarterly revenues, but the newly minted company expects to speed up its integration...

India’s First Solar-Powered Train Makes its Debut (VIDEO)

India's diesel-powered train network has a new kid on the block. The gas-guzzling Indian Railway system has just debuted its first solar-powered train, called the Diesel Electric Multiple Unit (DEMU). It will...

India’s Tamil Nadu Allocates 1.5 Gigawatts Of Solar In Latest Tender

The south Indian state of Tamil Nadu has completed one of the largest solar power capacity allocations in the country. The state government recently confirmed that project developers have agreed to develop...

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