Renewable energy generation in India set several records during the quarter ending September 2017. The high generation was largely driven by record wind energy generation which benefited from the huge capacity addition witnessed in Q1 2017.
A couple of leading private renewable energy developers based in India have expressed interest in acquiring solar power assets currently owned and being developed by SkyPower Global.
Imports of coal from North America have risen rapidly in recent times in India, on the back of a regional ban on the use of petroleum coke and a domestic coal shortage, according to recent reports.
New research published this week by the Institute for Energy Economics and Financial Analysis predicts that India will reach peak thermal coal demand within the next decade.
India installed a total of 2.2 GW worth of solar in the third quarter, up 300 MW from the previous quarter, and left another 1 GW unconnected due to grid issues caused by government agencies, according to Mercom India.
The World Bank will provide the Government of India with $100 million to help the country develop large-scale solar parks in an effort to help India increase its power generation capacity through renewable energy sources.
Good monsoon winds and a sharp jump in installed capacity helped India generate record wind energy in the July-September 2017 quarter.
India’s largest solar power park, in Karnataka, will witness a re-tendering of 200 megawatts of capacity shortly.
As India prepares itself for the electric vehicles blitzkrieg over the next few years, several arms of the Indian government are planning pilot projects to get the motor running.
The record wind energy generation that India witnessed brought in record revenue (and profit!) for the state of Tamil Nadu, the leading producer of wind power in the country.
