RPO in India Renewable Purchase Obligation (RPO) was launched in 2010, making it mandatory for distribution companies, open-access consumers and captive power producers to meet a part of their energy needs through green energy. According to the RPO, a certain percentage of a state’s electricity generation must come from clean energy sources. CERC mandated that by [...]

Maharashtra – RE Policy with solar focus Maharashtra is India’s largest industrial state and home to India’s financial capital – Mumbai. The state has massive power requirements and as per CERC guidelines requires to install large amounts of renewable energy capacity.  Maharashtra has lagged in renewable energy capacity installation compared to other states like Gujarat, [...]

India to solve teething issues before seeing actual RE investments Almost each new day sees a major renewable energy developer announcing multi gigawatt investment plans in India. Adanis announced a 10 GW solar investment in Rajasthan and so did the Essel Group, which has not built even 50 MW till date. Even major US developers [...]

India Nuclear Energy India has a massive power deficit issue, which requires it to expand using all available fuel sources both green and non-green. The last government placed a huge emphasis on growing nuclear energy signing a landmark deal with USA, which broke its pariah status. Despite the numerous deals signed with uranium suppliers as [...]

IREDA to finance Solar Energy India’s main renewable energy funding agency IREDA is going to shift its focus towards solar energy as the country has made extremely ambitious plans to install multiple gigawatts of solar energy. IREDA has already raised its equity capital base and is set to increase its funding from different national and [...]

Risk for Renewable Energy Renewable energy has been on a big roll in the last couple of years, with solar energy leading the way. The massively falling costs of renewable energy has made it competitive with fossil fuel power in a large number of places. For example Solar energy over 25 years can be sold [...]