A renewable energy-focused independent power producer, Vector Green Energy today has an operational portfolio of over 650 mw, in addition to a long pipeline of under-construction and investment-ready projects. In this Read more
ICRA expects the demand prospects for RE capacity addition by commercial & industrial (C&I) segment to remain solid, given the improved tariff competitiveness and strong sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going Read more
The Union ministry of power, on February 17, 2022, notified an important policy granting several facilities and concessions to producers of green hydrogen and green ammonia using renewable energy sources. The policy has the following provisions: Green hydrogen/ammonia manufacturers Read more
Godrej & Boyce Mfg Co Ltd announced that its Power Infrastructure & Renewable Energy (PIRE) business has secured orders worth over Rs.550 crore in the power transmission segment. The orders, all from the domestic market, involve greenfield development of Read more
The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects, notes credit rating agency ICRA in Read more
"The rooftop solar sector has suffered the most significant CY 2021 due to the proposal to limit net metering. The so-called “right of consumers acts 2021” has worked against consumers by reducing the earlier cap of 1 MW to Read more
Power Exchange India Ltd (PXIL) has launched the “Integrated Day Ahead Spot market (I-DAS)”, a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. In a release, PXIL said that I-DAS offers market participants the Read more
During its first year of operations, Indian Energy Exchange (IEX) traded 2744 MU of renewable energy, a release from IEX said. The first anniversary of IEX’s green market fell on August 21, 2021. In a release, Read more
“Congratulations to the country on crossing 100 GW of renewable energy capacity. This certifies our position as one of the leaders in the Energy Transition of the World. This is also a testament to the power of big Read more
India’s total installed capacity of power generation plants based on renewable energy crossed the 100-GW milestone on August 12, 2021. The renewable energy capacity entailed in this 100 GW excludes large hydropower (see note ahead). The total installed capacity Read more