Guidelines for using coal-fired power generation to balance intermittent renewables
The Ministry of New and Renewable Energy has specified how procurement of back-up grid capacity will work for electricity distribution companies. The rules consider energy storage solely as part of the 51% clean energy requirement, and instead contemplate coal – with a variable price tariff element – as necessary for evening out supply.
MNRE puts call for ‘global supergrid’ proposals on hold
India’s Ministry of New and Renewable Energy had invited consulting proposals for its ambitious globally interconnected power grid plan called ‘one sun, one world, one grid’ (OSOWOG). The program—taken up with assistance from the World Bank— aims at seamless sharing of renewable energy resources among countries for mutual benefits and global sustainability.
India, Russia to fund joint R&D in renewable energy
The programme aims to create market-ready technology-based solutions, products, and services with the potential to scale in India, Russia, and other countries.
BHEL seeks string monitoring boxes for 20MW NTPC solar project
An aggregate 104 quantities of 16-string monitoring boxes are required for the 20 MW NTPC solar project at Gandhar in the state of Gujarat. Bidding closes on August 4.
NTPC opens tender to acquire 1 GW of already-built solar projects
PV plants should have a minimum generation capacity of 50 MW (AC) and offer power at a maximum price of Rs5/kWh.
Azure Power secures Letter of Award for 2 GW Greenshoe option
With this, the NYSE-listed developer has been awarded 4 GW in total as part of an auction won in December, which is one of the largest solar projects ever awarded globally.
Commercial and industrial rooftop solar set to surge
Rooftop solar is the obvious choice to save on electricity costs for businesses as they look to preserve capital and find ways to cut expenses post Covid-19.
Fourth Partner Energy raises US$15 million from Swiss investor responsAbility
The Hyderabad-headquartered developer will utilize the debt funding towards construction of upcoming projects for its clients as it aims to add around 350 MW capacity across both open-access and distributed solar portfolios this fiscal year.
India to have 60% electricity generation from renewables by 2030
To support renewable energy integration, the government aims to make the thermal capacity flexible, almost 55% in the first stage and gradually extend it to the entire capacity.
NHPC, GEDCOL sign MoU to develop 500 MW floating solar in Odisha
The two entities shall form a joint venture to plan and develop an aggregate 500 MW of floating solar capacity in a phased manner, preferably in 50 MW packages, in the state.
