Source: Business Standard Synopsis: The decision of the center to impose a basic customs duty from April 2022 and the expiration of the existing safeguard guard duty will result in higher solar imports. This move will benefit solar plant developers, but create more problems for domestic manufactures. Background: Indian solar cell and module makers may… Continue reading Expiry of safeguard duty: Boon for solar developers, bane for manufacturers
Tag: renewable energy
India to call bids for battery storage system in Ladakh
Source: Livemint What is the News? India will be calling for bids for the largest global tender for a 13 gigawatt-hours (GWh) grid-scale battery storage system in Ladakh Region. What are Battery Storage Systems? Battery storage systems are devices that enable energy from renewables like solar and wind to be stored and then released when… Continue reading India to call bids for battery storage system in Ladakh
New Hydrogen-Producing Method Shows Energy-Efficient Route To Manufacture Fuel
Source: PIB What is the News? Researchers at IIT-Bombay have discovered a new way of producing hydrogen by using magnetized catalysts during electrolysis. This process lowers energy consumption in the process. Hydrogen as a fuel: Hydrogen as a fuel has a critical role to play in driving the paradigm shift towards a green and sustainable… Continue reading New Hydrogen-Producing Method Shows Energy-Efficient Route To Manufacture Fuel
Just Energy Transition
Source: Indian Express Relevance: Achieving a clean energy transition for India, which is just and inclusive. Synopsis: A people-centric approach will help India build a clean and inclusive energy future and also provide a model for other countries and communities worldwide. Current scenario in India It is among the world’s top five countries in terms… Continue reading Just Energy Transition
India’s renewable energy plan of 175 GW by FY22-end faces multiple risks
Source: The Business Standard Relevance: There are certain problems associated with the renewable energy sector which is hurting India’s renewable energy targets. Synopsis: India is now chasing its target of 450 GW of renewable power by 2030. However, several issues, including delays in the signing of power sales agreement (PSAs) stand in the way of realising… Continue reading India’s renewable energy plan of 175 GW by FY22-end faces multiple risks
India must show global leadership on climate crisis by adopting a holistic approach to energy
Source: The Indian Express Relevance: Renewable energy and its issues are direct topics on Energy. Synopsis: Meeting the Energy demands of people and government policy on them have to address some critical issues to achieve energy security. Global countries on Climate Change: Political leaders of Western nations express alarm and make promises about the climate crisis,… Continue reading India must show global leadership on climate crisis by adopting a holistic approach to energy
RE-INVEST 2019
News:The Ministry of New & Renewable Energy (MNRE) has postponed the 3rd Global Renewable Energy Investors(RE-INVEST) meet. Facts: Re-Invest: It is a global platform to explore strategies for the development and deployment of renewables. It showcases India’s clean energy market and the Government’s efforts to scale up capacity to meet the national energy demand in… Continue reading RE-INVEST 2019
R K Singh approves proposal to declare ocean energy as Renewable Energy
Ministry of New and Renewable Energy(MNRE) has approved a proposal to declare ocean energy as renewable energy. This means that energy produced using various forms of ocean energy such as tidal, wave and ocean thermal energy conversion will now be considered as Renewable Energy. This decision will help the sector to grow as it will… Continue reading R K Singh approves proposal to declare ocean energy as Renewable Energy
India beats U.S. at WTO in renewable energy case
India has won a major trade dispute against the United States at the World Trade Organization(WTO). The WTO dispute resolution panel has ruled that US domestic content requirements and subsidies provided by eight of its states in the renewable energy sector are violative of global trade norms. The panel concluded in its ruling that the… Continue reading India beats U.S. at WTO in renewable energy case
Govt to ask RBI to remove priority lending limit for renewable energy sector
The Ministry of new and renewable energy(MNRE) has decided to ask the Reserve Bank of India(RBI) for removal of the priority sector lending limit for the renewable energy(RE) sector. This will encourage the PSBs(public sector banks) to lend more for renewable energy projects and help RE developers access easy finance. India is running the world’s… Continue reading Govt to ask RBI to remove priority lending limit for renewable energy sector
