According to China's renewable energy law, power transmission companies are obliged to take on all the electricity generated by local renewable sources, but many projects have still been left with inadequate grid access.
In 2017, India added the third largest amount of national solar capacity, just behind the U.S. and China, and was overtaking Japan, based on IEEFA research.
In 2014, the year Modi took office, India had 3 gigawatts of solar power. By the end of 2017, it had nearly 7 times that, or 20 GW, according to industry tracker Bridge to India, a renewable energy consultancy.
Suzlon said it will execute the entire project on a turnkey basis and will also provide comprehensive operation and maintenance services for the complete project lifecycle.
The solar power tariff fell to an all-time low of Rs 2.44 per unit during the auction of 500 MW of capacity at Bhadla (III) in Rajasthan.
Electricity has become a hot political issue over the past year, after a string of blackouts and price spikes hit households as well as major industrial users, including global miners BHP and Rio Tinto , in eastern Australia.
The company's MD said he was open to developing independent sources of energy - solar, wind and thermal - to mitigate the uncertainty in price and availability of electricity in South Australia state, which is notorious for sudden power outages.
For major trading houses that ship millions of barrels of oil every day, the prospect of diminishing fuel demand and a shift to renewable power poses a brain-racking challenge with few obvious solutions.
Reliance Commercial Finance Ltd on Monday said it has signed an agreement with Indian Renewable Energy Development Agency Ltd (IREDA) for Rs 300 crore loan.
The DOE's SunShot Initiative, launched in 2011 by the administration of President Barack Obama, set a goal of reducing the price of utility-scale solar to 6 cents per kilowatt-hour by 2020.
The Survey’s diagnosis of the economy’s ills and its prescriptions are unlikely to blind observers of the economy with any dazzling originality. That does not mean they are not sound, although some qualifications apply.
According to the request for selection (RFS) document, GUVNL has invited bids to procure solar and wind power to fulfil renewable power purchase obligations (RPO) and to meet the future needs of its distribution companies (discoms).
TCCL, a joint venture between Tata Capital and International Finance Corporation, currently has an asset/loan book size of Rs 2,400 crore.
The world added a record 138.5 gigawatts of renewable power capacity in 2016 despite a 23 percent drop in investment, reflecting the falling cost of clean energy, the UN announced today.
Private dairy Hatsun Agro Product has commissioned wind power plants with a capacity of 24 MW in Tuticorin.
In a BSE filing, Inox Wind said it has bagged repeat order from "ReNew Power Ventures Pvt Ltd... for 50 MW wind power project to be executed in Gujarat".