Global electricity review 2024
Renewables generated a record 30 percent of global electricity in 2023, driven by growth in solar and wind especially from China, according to the Global Electricity Review 2024 released by the global
Energy
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Euro crisis cools oil, eases subsidy burden in India
Noor Mohammad New Delhi: While the euro zone debt crisis is a looming threat to the global economy, it has brought some cheer to policymakers here. Global crude prices have fallen by $15 a barrel thanks to the European turmoil, a development which stands the Indian government in good stead as it tries to cut the worrisome fiscal deficit, as lower oil prices would reduce its subsidy burden.
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Coal to power RILs future ambitions
NEWFOUND FREEDOM POWER IS LUCRATIVE RELIANCE Industries, freed from its non-compete agreement with the Anil Dhirubhai Ambani Group (ADAG) that barred it from investing in high-growth sectors, is likely to make its first big-ticket investment in coal-fired power plants.
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Shale gas transforms geopolitics, energy
For decades, India has kowtowed to Gulf countries, notably Iran. With large shale gas deposits and new technology to extract it, India can afford to act tough, says Swaminathan S Anklesaria Aiyar.
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Farmers' equity provision deleted from renewable energy policy
5 p.c. equity was to be provided in addition to market price for acquired land The norm which had put a ceiling on the maximum size of windmill to 50 MW has also been removed from the policy.
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Recommendations of the Committee set up for promotion of manufacturing in solar energy in India
Recommendations of the Committee set up for promotion of manufacturing in solar energy in India.
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Note on the National Solar Mission
The objective of the Jawaharlal Nehru National Solar Mission (JNNSM) under the brand `Solar India' is to create conditions, through rapid scale-up of capacity and technological innovation to driver down costs towards grid parity and establish India as a global leader in solar energy.
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Note on local content
After the announcement of the National Solar Mission, a Committee was set up to recommend a policy framework to encourage domestic production of raw materials and components required for expanding the domestic industrial base by identifying the critical elements/components which led themselves to indigenous manufacture and recommend the minimum indigenous content for solar power pojects, both sola
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Finalisation of the scheme for rooftop PV and other small solar power plants connected to distribution network
The policy framework provided in the National Solar Mission document is to enable solar technology penetration in the country, both at a centralized and decentralized level. The Ministry had started processes on the major components through a process of consultation with various Ministries as well as other stakeholders including industry and investors shortly after Cabinet approval.
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Wind power plant to be set up in Kurnool district
Kurnool, June 2: The managing director of Enercon India Private Limited, Mr Yogesh Mehra, said that the company would commission a wind energy plant with an outlay of Rs 600 crores under the Vaayu India Power Corporation Limited project in Kolimigandla mandal in Kurnool district.
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Sasol & Tata in $10-billion coal-to-motor fuel venture
Sasol Ltd, the largest producer of motor fuel made from coal, plans to spend $10 billion in India in partnership with the Tata Group on a block awarded last year, following similar investments in Indonesia and China.