Posts

Showing posts from 2017

Goa Government Notifies & gazettes the much awaited Solar Policy 2017

Image
Features of the Goa Solar Policy: Catagory of consumers P rosumer: Consumer  who has connected load with the Goa Electricity Department (GED) & is also a producer of solar energy.  As per the solar policy, prosumers are of following types: Small Prosumer:   These consumers have LT Connection with a maximum load of 100 KW. They can install a solar project capacity of 100 KW or up to their connected load whichever is lower. These consumers can install their solar plant either through gross-meter connection or net-meter. Large Prosumer:  These consumers have HT connection and load between 100 kW-2000 kW. They can set their solar plants only through net-meter. The solar policy in their case does not allow gross-meter. Producer:  Entity intending to set up a Solar Power plant with a capacity of more than 100kW exclusively for sale of power to the Distribution Licensee under gross metering as per the tariff discovered by Reverse Bidding. Producers

WIND TARIFF HAS HIT A NEW LOW IN A REVERSE AUCTION HELD

Image
-reverse auction for grid connected wind project of 500 MW in Gujarat which took place on 21 December 2017 saw the tariffs dipping to a historically low value of Rs 2.44/kWh. This is lower than the price determined in the second auction for SECI’s 1 GW wind capacity by Rs 0.21/kWh. The lowest tariff was quoted by Sprng Energy Pvt Ltd and K.P. Energy Ltd for capacities of 197.5 MW and 30 MW respectively.  Following graph depicts the trends followed by wind tariff in this year:

MNRE ROLLS OUT CLEAN ENERGY TRAJECTORY, PLANS TO ADD 100 MW SOLAR AND WIND CONTRACTS

Image
The Ministry of New and Renewable Energy (MNRE), in order to fulfill its target of installing 175 GW renewable energy in the country by 2022, is planning to award 100 GW of solar and wind contracts by March 2020. Solar power shall form 75 GW of the total awarded power in the country.  To achieve 100 GW of solar capacity by 2022, the state and central ministries shall work together to lay bids for ground-mounted solar parks for 20 GW. Following is the plan suggested by the MNRE for solar capacity addition: The Government plans to complete the bid process by March 2020 to give the developers time to build these projects. The MNRE also plans to set up solar projects for farmers. Such projects would involve setting up of small solar plants on fallow land and solarizing water pumps. There have been talks about setting up 20 GW solar manufacturing capacity, 5-10 GW floating solar power projects and 10 GW hybrid solar-wind power systems.

Nearly 50 countries vow to use 100% renewable energy by 2050

Image
Nearly 50 countries vow to use 100% renewable energy by 2050 Nearly 50 countries vulnerable to climate change have agreed to use only renewable energy by 2050. The 48 members of the Climate Vulnerable Forum made the decision while attending the United Nations Climate Change Conference in Marrakech, Morocco. The Climate Vulnerable Forum was set up in 2009 and is made up of countries that are disproportionately affected by climate change. Members, including the likes of Ethiopia, Marshall Islands and Bangladesh, agreed to make their energy production 100 per cent renewable “as rapidly as possible” and by between 2030 and 2050 at the latest. Low-lying Bangladesh is particularly vulnerable to rising sea levels while fellow members the Maldives and the Marshall Islands have already suffered heavy flooding linked to climate change. The forum also vowed to take action to help limit global warming to 1.5 degrees Celsius above pre-industrial levels.

Wind capacity addition to fall to 1.5 GW in FY18: India Ratings

Image
Unwillingness on the part of state discoms to sign long-term purchase agreements at the higher feed in tariffs is likely to affect wind power generation as only 1,000-1,500 MW of capacity is likely to be added in this financial year, India Ratings (Ind-Ra) said today. By: PTI | Mumbai  According to the rating agency, there could be a substantial dip in capacity addition in FY18 to 1000-1,500 MW from about 5,400 MW in FY17. (Reuters) Unwillingness on the part of state discoms to sign long-term purchase agreements at the higher feed in tariffs is likely to affect wind power generation as only 1,000-1,500 MW of capacity is likely to be added in this financial year, India Ratings (Ind-Ra) said today. According to the rating agency, there could be a substantial dip in capacity addition in FY18 to 1000-1,500 MW from about 5,400 MW in FY17. “This will be because of the unwillingness of state discoms to sign long-term purchase agreements at the higher feed in tar