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1.December 2022 deadline for 175 GW renewable energy: MNRE

The Ministry of New and Renewable Energy has pointed out that the installation of 175 GW of renewable energy could be done by December 2022. The current installed renewable capacity is 81.3 GW after a relative slowdown in adding generation capacities in FY2019.

2.MNRE directs the release of PBGs within 45 days after project completion

Reportedly, the Ministry of New and Renewable Energy (MNRE) has instructed NTPC and Solar Energy Corporation of India (SECI) to release performance bank guarantees (PBGs) for all the commissioned wind and solar power projects. The PBGs can be released in the span of 45 days from the commercial operation date (COD), on the condition that all required submission of necessary documents is fulfilled.

3.MNRE’s launches State Rooftop Solar Attractiveness Index; Karnataka ranks 1st

RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, has launched the State Rooftop Solar Attractiveness Index – SARAL

4.1.2 GW renewable energy storage tender issued, encourages solar energy mission

In a bid to boost Prime Minister Narendra Modi’s enterprising goal of achieving up to 175 GW of energy – relying solely on renewable sources – the government has yet again floated a renewable energy storage tender. A major chunk of the goal, amounting to 100 GW is dedicated to solar power.

5.Renewable energy to be a separate segment?

The Ministry of New and Renewable Energy (MNRE) has reportedly made a decision, to request the Reserve Bank of India (RBI) to categorise renewable energy into a separate segment from power, and remove the priority sector lending limit for the sector to ensure higher financing.

6.Will RBI remove priority lending limit for renewable energy?

MNRE requests RBI to make renewable energy a separate segment from power

7.NHPC issues EPC contract to construct 40 MW solar project in Odisha

The project is expected to be completed in the span of nine months from the date of issue of letter of award of the contract

8.Sustainability in Affordable Housing

The impact of incorporating sustainability in this segment will be huge

9.Jammu and Kashmir to get 23 GW of solar projects

A plan for the implementation of 23 GW of ultra mega solar projects in the Leh and Ladakh regions of Jammu and Kashmir have been launched by the Ministry of New and Renewable Energy.

10.India installs 4.8 GW of solar in the first half of 2017, surpassing all of 2016

According to an update released by Mercom India Research, the Indian solar market added 1,869 MW in the second quarter of 2017. This brings the total installations in the first half of the year to 4,765 MW, effectively eclipsing the 4,313 MW installed in all of 2016.

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