Once at the forefront of power generation in India, today hydro power has fallen far behind. We take a look at what ails the sector and the possible solutions to restore its former glory.

Indian wind Turbine Manufacturing Association (IWTMA), an apex body for wind sector, crossed yet another milestone by creating an installation of 5,500 MW in 2016-17 as against GoI’s target of 4,000 MW. IWTMA acknowledged the support of MNRE in framing and enforcement of various policies and initiatives.

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the first quarter of 2017.

Tata Cleantech Capital Limited (TCCL) - a joint venture between Tata Capital Limited and International Finance Corporation (IFC), has funded the solar rooftop project at the National Centre for Performing Arts (NCPA), established and installed by Avesta Solar Private Limited (ASPL), in Mumbai.

With the fourth generation of Logo!Power, Siemens has extended its power supply portfolio to include two additional power supply devices as well as additional functionalities and new scope for application.

While solar installations in India have picked up speed, tender and auction activity have been slowing down over the last couple of quarters. According to the Mercom India Solar Project Tracker, about 1.9 GW of solar was tendered in Q1 2017 (1 GW of this was a retender) compared to 3.4 GW in Q4 last year.

Essar Power Limited has delivered a strong operational performance in FY2016-17. While it generated 49 per cent more power in the fiscal, the company also added 165 MW capacity to its portfolio by commissioning one unit each at its Paradip and Hazira plants. The generation increased by 57 per cent year-on-year in the quarter ending March 31st, 2017.

Energy transformation has arrived in India. According to the Ministry of New and Renewable Energy (MNRE), India’s total renewable capacity including solar, wind, biomass and small hydro grew by around 11.2 GW in FY2016-17, at par with thermal capacity addition, which registered a decline of 50 per cent in the year.

Tata Power, India's largest integrated power company, announced that the company's generation crossed 51,000 Million Units (MUs) of power for the first time, collectively from all its power plants in the year 2016-2017.