Page 2 - Energy Sector

Managing the rupee

An orderly adjustment would be healthy

Risks of imported energy get real

If energy prices remain this high for a year, they could shave 3 per cent off India's GDP, weaken the currency

Sustainable growth possible only with sustainable energy sources: PM Modi

India can be a global hub of green hydrogen as an ample availability of renewable energy gives the country an inherent advantage, Prime Minister Narendra Modi said on Friday.

Philippines approves revival of nuclear power to help replace coal

Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country's energy mix

Ukraine crisis: Exodus of firms from Russia reversing 30 years' investment

Foreign energy majors have been pouring in money since the 1990s

'Russia-Ukraine crisis to further hamper coal supply to CPPs, industries'

According to the Indian Captive Power Producers Association, amid rising energy prices globally, electricity producers will pressurise the government for more domestic coal to fulfill their demand

First Green Hydrogen Policy offers sops to makers and users both

Manufacturing zones to be set up for green hydrogen/ammonia

India's renewable energy sector can employ 1 mn people by 2030: Study

Renewable energy sector has the potential to employ around one million people by 2030, and most of the new jobs would be generated by small-scale renewable energy projects, according to a study.

NTPC invites bids to set up 3GW energy storage facility in India

NTPC's arm, NTPC Renewable Energy Ltd (NREL), has invited bids for selection of developers for inter-state transmission system (ISTS)-connected energy storage facility of 3,000 MW capacity

Conflicting trends for energy stocks: State polls only add to uncertainty

Petrochemicals producers may have seen declines in bottom lines

Budget wishlist: Here're the key challenges for renewable energy sector

The amount overdue from discoms to RE generators has increased from Rs 13,761 crore in March 2021 to Rs 19,341 crore in December 2021

Reliance becomes promoter in SWREL, holds over 40% stake

Sterling & Wilson Solar Ltd is now known as Sterling and Wilson Renewable Energy

Govt tackling single-use plastic, achieved non-fossil energy targets: Modi

Highlighting the country's efforts towards conserving the environment along with building developmental infrastructure, the Prime Minister said this step was being recognised even globally

UK energy companies get billions to take clients of failed rivals

About 24 household suppliers have collapsed since early August as wholesale gas prices soared

Renew Power adds 300 MW; total capacity addition at 1.5 GW in FY22

Renew Power, which is traded on the Nasdaq exchange, has commissioned a 300 megawatt SECI solar project in Rajasthan, taking its total operating asset to a record 7.4 gigawatt till date. The Gurugram-based company has installed a record 1.5 GW of renewable energy projects so far this fiscal year despite the pandemic challenges and supply chain disruptions and is on track to meet its goal of 8.2 GW of operational capacity by the end of 2021-22. In 2020-21, Renew Power had closed with an operating capacity of 5.6 GW, it said in a statement on Tuesday. The bulk of Renew's organic capacity addition that led it to surge past the 7 GW-mark is in Rajasthan and Gujarat. The new 1.5 GW capacity addition has more than 1.3 GW of utility scale solar projects. These include 1.2 GW in Rajasthan, 105 MW in Gujarat, and 20 MW in Maharashtra. In wind projects, it has installed over 150 MW, including 136 MW in Karnataka and 22 MW in Gujarat. As much as 1.05 GW of the new generation capacity has PP

JSW Energy (Barmer) buys back shares for Rs 1,000 crore

The firm is a wholly owned subsidiary of JSW Energy Limited

India's rooftop solar addition triples to 1.3 GW in Jan-Sep 2021: Report

India's rooftop solar capacity addition tripled to 1.3 GW during January-September 2021 as compared to the same period a year ago, as per a report. The country added 448 megawatts (MW) of rooftop solar in July-September this year, a 14 per cent drop quarter-on-quarter (QoQ) compared to 521 MW installed in April-June, according to Mercom India Rooftop Solar Market Report Q3 2021. "In the first nine months (9M) of 2021, India added 1.3 GW of rooftop solar, a 202 per cent increase compared to 9M 2020 (January to September). Installations are the highest ever recorded in the 9M of a year," it said. Rooftop solar installations in July-September (Q3) were up 189 per cent year-on-year (YoY). In Q3 2021, 54 per cent of rooftop solar was installed in the residential sector, followed by commercial & industrial, and government sectors, with 44 per cent and 2 per cent, respectively. Residential installations were the highest for the second quarter in a row. "The rooftop market is showing ...

Shell & EKI Energy Services launch joint venture for carbon credit

A carbon credit is a certificate signifying that one tonne of carbon dioxide emission has been reduced from the atmosphere.

Adani Green inks agreement with SECI to supply 4,667 MW green power

The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020

No RE investor will come if energy bills not paid, action needed: R K Singh

Power Minister R K Singh expressed concern over rising dues of renewable energy producers that have not been paid by discoms