hydropower

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India Now Third Largest Solar Power Producer But Emissions Rise in 2023: Report

India’s power sector emissions rose 7.2% in 2023 from the previous year as a decline in hydropower generation due to droughts, particularly in the second half of...

May 10, 2024

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Arshreet Singh

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Uncategorized
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JSW Energy’s Profit Rises 29% on Renewables Strength in Q3 FY24

JSW Energy, an independent power producer, reported a net profit of ₹2.32 billion (~$27.9 million), a jump of 29% year-over-year (YoY) in the third quarter (Q3) of the...

January 24, 2024

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Arshreet Singh

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Markets & Policy

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Renewable Energy
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SJVN Secures ₹100 Billion to Fund the Construction of Renewable Projects

In a first-of-its-kind transaction undertaken by a public sector undertaking, SJVN, a joint venture between the Government of India and the state of Himachal Pradesh,...

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NTPC REL, ACME and Blupine Energy Win PFC’s 1.25 GW Solar Auction

NTPC Renewable Energy (NTPC REL), ACME Cleantech Solutions, and Solarcraft Power India 12 (Blupine Energy) won PFC Consulting’s auction to develop 1,250 MW of interstate...

December 22, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Solar Accounts for 16% of Total Installed Power Capacity in Q3

Solar power accounted for 16.44% of the total installed power capacity and 39.4% of the total installed renewable capacity in Q3 of 2023, marginally up from 15.9% and 38....

November 13, 2023

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Mercom Staff

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Daily Wrap-up
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Power Ministry Revises RPO Targets Up to FY30, Eliminates Energy Storage Obligation

The Ministry of Power, in collaboration with the Bureau of Energy Efficiency (BEE), has issued a notification amending the Energy Conservation Act of 2001 to introduce...

October 25, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Maharashtra Proposes Amendments to RPO Compliance Regulations

The Maharashtra Electricity Regulatory Commission (MERC) has proposed amendments to the  Renewable Purchase Obligation (RPO), its Compliance and Implementation of...

August 17, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Floating Solar a Viable Option for Southeast Asia to Meet Energy Transition Targets

Floating solar could play a crucial role in the Association of Southeast Asian Nations’ (ASEAN) regional target of 35% renewable energy in the installed power...

July 7, 2023

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Rakesh Ranjan

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Floating Solar

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Markets & Policy

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Solar
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Rules Amended for Bundling Renewables With Thermal & Hydropower Projects

The Ministry of Power has amended the program for bundling renewables and storage with thermal and hydropower projects to allow the setting up of renewable energy...

June 22, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Government to Fast-Track Commissioning of Pumped Storage Projects in India

In a significant move to accelerate India’s renewable energy capacity, the government has introduced several initiatives to expedite pumped storage projects (PSP)...

June 9, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Renewables Accounted for 83% of the Total Generation Capacity Added in 2022

Renewable capacity grew by 9.6% in 2022, adding a record 295 GW worldwide. This accounts for 83% of all power capacity added last year and brings the global renewable...

March 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Government Proposes Green Finance Support for Pumped Storage Projects

The Ministry of Power has proposed that pumped storage projects be supported through concessional climate finance. Sovereign green bonds issued for mobilizing resources...

February 16, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Data-based Decision-making Vital for Africa’s Renewable Energy Planning

The Renewable Energy Performance Platform (REPP) has curated a spatially explicit database for existing and proposed renewable power projects in Africa to enable...

January 10, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Haryana Notifies Wind, Hydro & Energy Storage Obligation Until FY30

The Haryana Electricity Regulatory Commission (HERC) has amended its renewable purchase obligation (RPO) policy to include wind energy in the RPO and move solar energy...

December 28, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Himachal Regulator Allows DISCOM to Bridge HPO Shortfall with Non-Solar Power

Himachal Pradesh Electricity Regulatory Commission (HPERC) has allowed Himachal Pradesh State Electricity Board (HPSEBL) to make up for its hydropower purchase...

December 7, 2022

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Arjun Joshi

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Other

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Renewable Energy

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