Farmers to pay only 10% cost of solar pumps under Budget scheme
The country’s farmers are likely to witness government’s generosity owing to the schemes announced in Budget 2018. According to Power Minister R K Singh, the Indian farmer will effectively bear only 10 per cent of cost for solarising his agricultural pump under a scheme unveiled in the Budget 2018-19.
The wind power sector is going through a transformation with the entry of competitive bidding process. Though it could keep up the pace as of now, analysts say, it will slow down going ahead.
REC, T-Hub join hands to produce renewable energy projects
The Rural Electrification Corporation’s REC Foundation and tech start-up incubator T-Hub have come together to roll out a programme to help 1,800 young college innovators in the two Telugu-speaking states to produce 600 projects focused on renewable energy.
Picking up pace with technological changes
Power electronics started with the development of the mercury arc rectifier. Invented by Peter Cooper Hewitt in 1902, it was used to convert alternating current (AC) into direct current (DC).
Logistics clouding coal
Though weak logistics support and lack of preparedness of power plants are to be blamed for the recent coal shortage at power plants, the crisis could have been avoided with better co-ordination among stakeholders.
Cloud over Solar Power
India, with more than 14,000 MW of installed solar power capacity, is one of the fastest growing markets in the world. In September 2017, the country crossed 60,000 MW of renewable energy capacity, which includes mainly wind and solar energy.
Power-packed M&A thrust
It can be a pure 'make-in-India' story in the making. Ever since the US has decided to pull out of the historic 'Paris Accord on Climate Change,' the weather for the renewable sector in the country is turning out to be exciting.
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