Ministry of New and Renewable Energy (MNRE) has set another record in the wind power capacity addition by adding over 5400 MW in 2016-17 against the target of 4000 MW.
The Ministry of New and Renewable Energy (MNRE) is working on a set of guidelines to provide compensation to solar power generators in case they are asked to back-down capacity by distribution companies.
With sales of LED bulbs exceeding 6 lakh a day, India can proudly claim achieving a substantial benchmark of distributing over 20 crore LED bulbs under its flagship UJALA scheme and more than 10 crore by the industry outside the UJALA scheme. Alongside, close to 16.5 Lakh Street bulbs have been replaced with LED Lights throughout the country under Street Lighting National Programme (SLNP).
Over 30 crore energy efficient LED bulbs have already been distributed so far which includes 20 crore LED bulbs by the EESL under the government’s UJALA scheme and more than 10 crores by the private domestic LED companies.
Union minister of state for power, renewable energy, coal and mines, Piyush Goyal said on Monday that India was fast emerging as the LED capital of the world.
In order to achieve the 175 GW clean energy target by 2022, the government’s clean energy initiatives will have to bear fruits in financial year 2018.
“ARUN” Mobile Application Launched
Ministry of New & Renewable Energy (MNRE) organized a two days National Review Meeting with the State Government officials of Renewable Energy sector from 23rd to 24th January 2017.
a majority of the bigger investments have come from Mauritius, Malaysia, Philippines, Singapore, Japan, Germany, Spain, US and Seychelles. Under automatic route for projects of renewable power generation and distribution, 100 per cent FDI is allowed subject to provisions of the Electricity Act, 2003.
India witnessed a total of $1.77 billion equity investment in the form of foreign direct investment (FDI) in the non-conventional energy sector between April 2014 and September 2016, the Modi government said in an “Achievement Report” of its flagship Make in India initiative.
For hotels and industries that have been violating the solar norms claiming installation of rooftop solar power systems is next to impossible in already-built buildings, the state government has come up with an alternative.
MD Ashvini Kumar said SECI is committed to finalise 5,500 MW of solar energy in next few years for which PPAs to produce 3,200 MW are already in place.
Solar Energy Corporation of India (SECI) said on Monday that it will shortly float tenders for putting up 2300 mw of solar power projects. Alongside, SECI said it has also signed Power Purchase Agreements (PPAs) with various stakeholders for 3,200 MW of solar power.
Overall, 2017 will prove to be a bumper year for the solar power sector in India. Total installed capacity is expected to reach 18 GW by the end of the year.
With a pipeline of around 14 GW of utility scale projects, about 7.7 GW is expected to be commissioned in the year—a growth of around 90% over 2016. Combined with 1.1 GW of expected rooftop solar capacity, India should add a total of 8.8 GW in 2017, ranking it amongst the top three global markets after China and the USA.