India's evacuation conundrum
India is steadily moving to the ambitious target of 175 GW of installed renewable energy capacity by 2022 or even earlier. Total contribution from solar is tasked at 100 GW, out of which 40 GW is expected to be roof top solar, rest being grid connected.
Gearing up for Blockchain
Digitisation has been at the forefront of power sector for the past decade in India. Evidently, the stakeholders in the electricity value chain have been investing considerably in the Internet of Things (IoT) to enhance efficiency.
40percent of wind power capacity under cloud
Leading wind power producers are facing problems over payments and demand that affect close to 11,000 MW, or 40 per cent of the wind power generating capacity in the country.
Overseas investors eyeing stake in Hero Future Energies
The central government plans to ramp up the country-'s clean energy capacity by more than five-fold to 175 GW 2022 has attracted multiple global investors and set the stage for increased domestic M&A activity.
ReGen Powertech bags Rs.1,600-cr orders
ReGen Powertech, which manufacturers wind power turbines at its plant near Chennai, announced that it has received orders worth Rs 1,600 crore from Hero Future Energies and Sembcorp Green Infra.
Integrate the value chain to become true domestic manufacturers
There is low capital being infused and solar projects have large capital requirements. We are competing with China, where the smallest capacity is 1 GW and every player has at least 3-5 GW installed. But, we can only compete with them if the government gives us similar kinds of incentives.
Solar technology has many unique attributes which make it one of the most preferred sources of power, particularly in India, a densely populated country with a high energy deficit - it can be rapidly deployed across most parts of the country, it is modular in nature and it is environmentally friendly.
RE Commitments: Sunny or Windy days ahead?
With a total of 2.70 lakh MW of renewable commitments from public and private developers, 62,100 MW of manufacturing commitment from public and private manufacturers, and 6,000 MW of EPC commitments from players.