In order to realize RE benefits, a successful RE strategy for India will need to be integrated with and complemen-tary to existing and planned fossil-based power projects.
Marking a significant milestone in its emissions reduction journey, PSA Mumbai is now India''s first 100% renewable energy-powered container
To address system-wide barriers to the integration of higher shares of intermittent renewable energy generation into the grid and take advantage of the opportunities arising from the
With improvement in forecasting of renewable profile, the excess energy available can be auctioned in the Day ahead and real time market. This will ensure cheaper power is available
India requires unprecedented investment in renewables, storage and grids to achieve its target of 500 GW of clean power by the end of the decade. Facilitating this large-scale infrastructure
Investing in renewable energy projects in India presents an exciting opportunity, but understanding the Return on Investment (ROI) is crucial
Investing in renewable energy projects in India presents an exciting opportunity, but understanding the Return on Investment (ROI) is crucial before making financial commitments.
PSA Mumbai is located in Jawaharlal Nehru Port (JNP) in Maharashtra, India''s largest and premier container gateway. PSA Mumbai''s Phase 1 development has a quay
Demand prospects for renewable energy (RE) capacity in the commercial & industrial (C&I) segment remain strong, given the superior tariff competitiveness and growing sustainability
India''s cost of capital for grid-scale renewable energy is one of the lowest among its emerging market and developing economy counterparts. However, it is still 80% higher than in advanced
India''s cost of capital for grid-scale renewable energy is one of the lowest among its emerging market and developing economy counterparts. However, it is still
This issue poses a serious risk to India''s renewable energy goals for 2030 and threatens to erode investor confidence unless addressed proactively. An effective strategy
PSA Mumbai is located in Jawaharlal Nehru Port (JNP) in Maharashtra, India''s largest and premier container gateway. PSA Mumbai''s
Marking a significant milestone in its emissions reduction journey, PSA Mumbai is now India''s first 100% renewable energy-powered container terminal following the commission
Achieving suficient volume to achieve RE targets will require a more strategic approach to encouraging renew-able investment, and progression from the short-term, and somewhat piecemeal policy approach, which stimulated investment flows of up to USD 12.7 billion in 2011, but has not sustained them.
The proportion of renewable power development in India developed under the IPP model is increasing. Current IPP plans for wind projects in India run to more than 24 GW. To date, the type and nature of support mechanisms provided by government has influenced the type of inves-tor attracted to renewable projects.
RE projects are perceived as riskier with more uncertain returns. Thirdly, as a greater proportion of the overall cost occurs upfront in an RE project (CAPEX and no fuel costs) relative to a conventional power plant, the higher cost of financ-ing has a disproportionately large impact.
But renewables are different. For India to capture the benefits of renewables as “the main occupant of the house” will require the rethinking and reengineering of institu-tions, the redefinition of policies, the re-tuning of power grids and systems, and the replacement of old habits with new ones.
Access-ing high quality resources generally lowers the per-kWh generation cost of VRE power plants. However, connecting distant plants to the grid can be costly. There is also a trade-off between the cost of transmission and the proportion of rated capacity that can be accommo-dated.
The business case for a renewable power plant depends on a financial appraisal. During this, investors seek to de-termine the risk profile represented by the project, consid-ering issues such as resource assessment, technology selec-tion, construction process and timetable, and O&M plans.
