New Delhi: Indian solar power tariffs’ sharp decline will get arrested in the short term with Chinese solar module prices set to increase post the US International Trade Commission’ (USITC) recommendation on Friday.
Hyderabad: India became the largest generator of energy from renewable sources, generating 10.2 billion units in June, acccording to latest available data.
BENGALURU: Solar developers and the Jharkhand government have resolved an 18-month long deadlock over the price of solar power, with the developers agreeing to a reduced tariff of Rs 4.95 per kwH.
To combat climate change, the world is taking recourse to production of green and renewable energy like solar and wind, along with other forms of clean energies like hydro, biomass, natural gas and nuclear.
MUMBAI: Dubai-based emerging markets buyout fund Abraaj Group has joined hands with ENGIE, a multinational utility company and global independent power producer to set up a wind energy platform in India.
BENGALURU: Karnataka has written to the central government suggesting that the quota of renewable energy states are mandated to buy should be considered as the minimum requirement, a move that may encourage greater use of alternative sources of power.
The Gujarat government, at a reverse auction of 500 MW of solar projects, saw a low winning bid at Rs 2.65 per kwH. The auction was conducted on Tuesday, according to a report in the Economic Times.
The government plans to bring offshore wind energy and large hydro-electricity projects under the ambit of renewable energy, which will scale up the target of 175 gigawatts of green power capacity by 2022.