Of the tenders issued, Andhra Pradesh has already received expression of interest for its 600 MW hybrid power project from close to a dozen companies
Prime Minister Narendra Modi's government has set a goal to raise solar power generation to 100 GW and wind to 60 GW by 2022
UP eyeing renewable energy capacity of 10,700 mw in near future
Ayana was launched to develop utility-scale solar and wind generation projects across India
The cost of wind power will be between Rs 2.3-2.6/kWh and of solar power in the range of Rs 1.9-2.3/kWh by 2030, the report projected
Renewable energy sector, especially wind and solar segments remain exposed to near term challenges
Interest margins of the banks are shrinking with consolidation in the energy sector
To meet the short-term power requirement, 5,725 MUs were traded on the Indian Energy Exchange in September 2018, up 44 per cent m-o-m and 40 per cent y-o-y
Tariffs in solar have fallen 80 per cent in the past five years to Rs 2.44 per unit (kilowatt per hour)
Wood Mackenzie's solar analyst Rishab Shrestha said India faces a myriad of challenges in the renewables industry
Madhya Pradesh, a participant in the event, sees tariff fall to Rs 1.38 but net metering remains a challenge
RE-Invest 2014 saw a commitment of 200,000 MW by 126 investors and a financing commitment of around Rs 9,000 bn by 27 banks and financial institutions
According to the agency, renewable energy's share in the electricity generation mix is likely to rise to around 18 per cent by 2022, from close to 7.8 per cent as of March 2018
The MNRE has also removed the mandatory registration for RE projects with respective state nodal agencies
38% of infra, power firms assigned 'D' rating in 2018 are from renewable energy sector
India's renewable energy sector is consistently growing and continues to remain attractive to investors from across the world
Data shows that states aren't doing enough to comply with the Renewable Purchase Obligation (RPO), which envisages buying a certain proportion of power from renewable sources, mandated by the ministry
The 3.8 mn jobs created in renewable energy sector by 2030 could easily offset 259,000 jobs that could be lost by scaling down of carbon-intensive and resource-intensive industries, says an ILO report
India installed 12 Gw of renewable energy capacity in 2017
The government's power projection indicates that India will have to bid out 140 Gw of wind energy to meet demand by 2030