“Energy security of the nation can’t be achieved with renewables alone”: Power minister
RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.
Coal, a heavy burden on Indian Railways
Recognizing coal’s network congestion effects and accelerating clean energy can enable the Indian Railways to better serve an expanding economy, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Adani Electricity powered Mumbai with 100% renewables on Diwali
Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.
Serentica Renewables secures INR 2,600 crore in debt funding from PFC
The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.
Avaada Energy, Al Jomaih to collaborate on renewable energy projects in the Middle East
Avaada Energy and Al Jomaih Energy and Water (AEW) have signed a Memorandum of Understanding (MoU) to collaborate on renewable power projects, including solar, wind, hybrid, and battery energy storage solutions in the Middle East.
Technip Energies, IIT Madras collaborate on energy research
Technip Energies has joined hands with The Energy Consortium at the IIT Madras to develop new technologies in the energy segment.
Shell Energy commits over $363 million for renewable energy plant, EV charging stations in Gujarat
Shell Energy India has signed a memorandum of understanding (MoU) with the Gujarat government to invest INR 3,000 crore ($363.24 million) in building a renewable energy generation plant and EV recharge stations in the state.
India and Egypt talk renewable energy, green hydrogen
Hassan Allam, chief executive officer of Egypt’s Hassan Allam Holding Co., discussed cooperation with Indian companies in renewable energy and green hydrogen, during his recent meeting with India’s prime minister Narendra Modi.
Reviving stranded power plants better than investing in new thermal capacity
Strategic acquisitions and subsequent revival of stranded thermal power plants will better serve India’s short-term energy security needs than investing in new ones.
Govt panel outlines electricity market roadmap
A power ministry-constituted panel on electricity market development in India has proposed a market-based mechanism for secondary reserves, power purchase agreements (PPAs) of 12-15 years duration, and 5-minute metering, scheduling, dispatch, and settlement.
