According to recent reports, the Solar Energy Corporation of India (SECI) has witnessed a significant surge in its payments to wind and solar developers in February 2023. The payments made to the developers have grown by a whopping 62% on a year-on-year basis, highlighting the government’s increasing focus on renewable energy sources. SECI, which is…
India, one of the world’s leading nations in renewable energy, has announced plans to set up ultra mega solar parks with a combined capacity of 40GW. The initiative is aimed at promoting the use of clean energy sources and reducing the country’s carbon footprint. The project will be developed across multiple states in India and…
India’s solar energy capacity has witnessed a remarkable growth, reaching 54 GW with a Compound Annual Growth Rate (CAGR) of 41.39%, according to recent data released by the Ministry of New and Renewable Energy. The country’s solar energy capacity has grown from a mere 2.6 GW in 2014 to 54 GW as of December 2022,…
In a major boost to the country’s renewable energy sector, India is set to become less dependent on other nations for the manufacture of solar energy components in the coming years. This was announced by the Finance Minister Nirmala Sitharaman during the presentation of the Union Budget 2023. The government has allocated a substantial sum…
CCSM Bureau Indian firms ONGC Tripura Power Company Limited (OTPC) and Assam Power Distribution Company Limited (APDCL) have joined forces to install up to 250 MW/500 MWh battery energy storage capacity in the northeastern state of Assam. The companies last week unveiled a memorandum of understanding (MoU) that will pave the way for the creation…
CCMS Bureau Ladakh’s much-anticipated mega solar power project has been delayed and is now expected to be fully operational by 2026. The project, which was initially slated to be completed by 2024, will now take an additional two years to be completed. The reason for the delay is cited as logistical challenges in accessing the…
CCMS Bureau IRCON Renewable Power has issued a tender inviting bids to hire a project management consultancy (PMC) for solar power projects of capacity of 500 MW at Pavagada in Karnataka. IRCON Renewable Power is a subsidiary of the central government owned IRCON International. It’s a PSU of the railways. The IRCON tender document reads…
Amisha Yadav @CCMS Bureau Solar energy capacity in India has increased from 28,180 MW in March 2019 to 53,996 MW at the end of 2021-22, Union minister of new and renewable energy and Power RK Singh informed Parliament earlier this week. Accordingly, in the past three years, the solar capacity in the country increased by…
@CCMS From January 2022 till December 2022, approximately 13,956 MW solar capacity and 1,847 MW of wind capacity was added in India. This is about 17.5% and 26.6%, respectively, higher compared to 2021.In terms of cumulative installations, according to the data released by Ministry of New and Renewable Energy (MNRE) till December 2022, India’s RE…
