Recharge time for renewable power


Recharge time for renewable power

It’s not all tailwinds and sunshine for the country’s renewable energy sector. It’s actually time to take stock of the various issues impeding the sector’s progress, say industry watchers.

Significantly, with 70 per cent of fresh power generation capacity set to come from renewable energy, a concerted effort is required for its sustainable growth, they stress.

Interaction with leading players in solar and wind energy shows that while they are bullish about the prospects, they expect some mid-course correction towards the larger goal of achieving the target of 175 giga watt (GW) by 2022.

Developers are faced with payment concerns, discoms are hard-pressed to honour payment commitments, large-scale auctions (giga watt plus) are getting tepid response Read More

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