20 January 2017 2017 10:04 AM GMT

Tata Commissions Solar And Wind Projects, Strengthens Position In India

Tata Power Renewable Energy Ltd (TPREL), India’s largest renewable energy company and Tata Power’s wholly-owned subsidiary, has announced the commissioning of 2 solar and wind projects. A 36 MW wind capacity of a 100 MW wind farm (under construction) at Nimbagallu in Andhra Pradesh, and 49 MW solar plant at Kayathar, Tamil Nadu, under Welspun Renewable Energy Private Limited (WREPL). With these, the operating renewable energy capacity of TPREL grows to 1,876 MW, comprising 841 MW wind, 915 MW solar, and 120 MW waste heat recovery capacity as of today. In FY16, Tata Power Renewable Energy Ltd increased its operational capacity by 1169 MW.

TPREL completed the acquisition of WREPL last year to become the largest Renewable Energy company in India. In 2016, TPREL has won 320 MW of solar bids, which are under development and will be commissioned in 2017. The company has also added 304 MW wind capacity in 2016, which are under development and construction in Gujarat, Andhra Pradesh, Madhya Pradesh and Karnataka.

Speaking on this achievement, Mr Rahul Shah, CEO & Executive Director, Tata Power Renewable Energy Limited, said, “With the commissioning of these 2 projects, TPREL continues to fortify its position of being the largest renewable energy company in the country. Our strategic approach is in line with Tata Power’s aim to expand its clean energy portfolio up to 35-40% by 2025. We are extremely proud of this development and we continue to seek to grow our portfolio in India and in select international markets through organic and inorganic opportunities.” Its strategy emphasises the development of clean energy generation from non-fossil fuel and renewable energy sources to balance the carbon emissions from fossil fuel-based generation capacity while contributing towards energy security of the country.

TPREL is a wholly owned subsidiary of Tata Power. It is Tata Power’s primary investment vehicle for clean and renewable energy based power generation capacity. Its present operating capacity is 1876 MW, comprising 841 MW wind and 915 MW solar, located in the states of Maharashtra, Gujarat, Madhya Pradesh, and Rajasthan. The company is also in the process of implementing nearly 500 MW of renewable power projects at various locations. In order to aggregate its clean and renewable energy portfolio, Tata Power has initiated the process of carving out its 500MW clean energy assets from its books into TPREL. TPREL is seeking to grow its renewable portfolio in India and in select international markets through organic and inorganic opportunities. With the acquisition of Welspun Renewable Energy Pvt. Ltd. and the project pipeline, TPREL’s portfolio grows to about 2.2 GW making it the largest Renewable Energy company in India.

Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10477 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India where it is serving more than 2.6 million distribution consumers and has developed the country’s first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3042 MW.

Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk (“BSSR”); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called ‘Cennergi’ to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 185 MW hydro project which is scheduled to be commissioned in 2016;  in Australia through investments in enhanced geothermal and clean coal technologies and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. Tata Power claims that with its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, it is poised for a multi-fold growth and committed to ‘lighting up lives’ for generations to come”.

May 22nd 2018
Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

June 20th 2018
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

December 6th 2017
Renewables Provide 17.8% Of Total US Electricity. Solar Now 2.0% And Wind 6.0%

According to the latest issue of the U.S. Energy Information Administration’s (EIA) “Electric Power Monthly” report, U.S. electrical generation from renewable energy sources (i.e., biomass, geothermal, hydropower, solar – inc. distributed solar, wind) rose by 14.69% during the first three-quarters of 2017 compared to the same period in 2016. Simultaneously, electrical generation by fossil fuels and nuclear power combined declined by 5.41%. Nuclear power and coal both dropped by 1.5%, natural gas (including “other” gas) was down by 10.7%, and oil (i.e., petroleum liquids and petroleum coke) plunged by 17.1%.

June 18th 2018
IET’s Renewable Power Generation Conference Comes To Copenhagen

The Institution of Engineering and Technology’s popular Renewable Power Generation conference will be making its first visit to Denmark this year. The conference, now in its 7th iteration, will be hosted by the Center for Electric Power and Energy at DTU, which also manages the world-class experiment platform for research and development of renewables integration – PowerLabDK. Over 180 new research papers will be presented at the conference. Attendees will be able to find out the latest ideas and thinking around wind power plant modelling and control; wave and tidal energy; renewable energy forecasting; power conversion and grid interaction; Hybrid systems combining multiple energy sources; the impact of distributed generation and use of HVDC.

June 20th 2018
Growth Of Renewables In Peru As Enel Opens Largest Wind Farm In Country

Enel is now Peru’s leading renewable energy generator with around 1.1 GW of installed capacity following the commissioning of Wayra I which, with more than 132 MW, is now Peru’s largest wind farm. Built in approximately a year and comprising 42 wind turbines of 3 MW over each, it’s expected to produce 600 GWh per year; enough to avoid the annual emission of over 285,000 tonnes of CO2 into the atmosphere. The energy generated by the wind farm is being delivered to the Peruvian transmission grid (SEIN) through the Poroma substation. The project is supported by a 20-year energy supply contract with Peru’s Ministry of Energy and Mines.