Monday, June 20, 2016

Indian Renewable Energy Development: A case study for developing nations



The continuous use of fossil fuels for the past decades has made their availability much lesser now and the increasing human population makes them even scarcer. This results in increasing their price manifold. So power deficiencies resulting from it pose as a global issue. Renewable energy projects developed by various nations therefore try to combat this global threat. Assisted by the government India became the very first country in the world to establish a ministry of non-conventional energy resources back in the 1980s, called the Ministry of New and Renewable Energy.

Also, the issue of renewable energy production becomes a matter of utmost importance especially in developing countries namely- India, China and various others. Such nations have a raging population and thus have exorbitant hunger for highly polluting non-renewable fossil fuels like oil, coal and gas which makes it an even more important to produce renewable resources by them.  Adopting and enforcing policies to work towards establishing renewable energy resources as primary energy sources, these nations can grow up to be the leading nations in renewable energy production. Especially tropical countries get enough sun to harness its energy for power production. Also, wind in universally available and hence wind power becomes an easy option for developing countries to replace the polluting energy resources such as the fossil fuels. And considering the constant availability of cheap labour owing to high population in these countries makes it easier to incentivise technology and product innovation in this sector. Just that, developing nations should keep the production and storage cost of the renewable energy sources in check. Because they do not have overflowing national coffers, cost – effectiveness becomes an important issue to look into. So whatever be the means, these countries should aim at supporting sustainable development by minimising pollution in a cost effective way. 

Welspun Renewables is a pioneer of renewable energy projects in India. Backed by many eminent international investors, Welspun Renewables has been effectively contributed to the production of solar and wind power in India and stands as one of the leading solar and wind IPPs in the country. The company has created a total energy having a capacity of 680 MW. The Asian Development Bank is instrumental to the development of Welspun Renewables and in their work for setting up sustainable development in the country.

About Author: 
Nikhil Mehra is a specialist on Indian Renewable Energy Development projects in India and is a professional who is well acquainted with industry news and similar development stories.



Thursday, June 16, 2016

Renewable Energy in India: Can India march ahead of developed nations



The increased human population causes a pressure to develop on fossil fuels and that makes them makes them the primary energy source. But with constant use, they are seen to become scarce and consequently has their cost increase multifariously. So the world including our nation confronts power deficit problems. Funded by the government from its inception, India established a ministry of non-conventional energy resources back in the 1980s and thus turned out to be the first country in the world to do so.

India shares the honour of being the second highest energy producing country in the world, after US, with China. But India is way behind a number of developed countries in renewable energy production but that day will not be far when India will be able to sealing the gap but for that certain initial guidelines have to be followed which will help it progress a little towards bridging the gap:

(a) Industry leaders must enforce stringency on distribution companies to make them purchase power produced only from renewable resources and if any company fails to do the same, that company will be penalised.

(b) Government must fund most of the renewable energy production projects and also they must be backed by cheap capital investment so that it can be a long term process.

(c) Technology must be incentivised innovation in products is a necessity. It should become a matter of ease in India owing to the availability of cheap labour.

(d) India should also try cutting down on high-polluting sites like coal-based thermal power plants by revoking their licenses.

And Welspun Renewables is a significant renewable energy India source provider in our country. It has contributed to the production of solar and wind power throughout India including Madhya Pradesh, Rajasthan, Maharashtra, Punjab and Karnataka. It has been able to successfully produce a total energy of capacity 680 MW. Welspun Renewables has lifted the structural framework from high carbon utilizing regime to a low carbon utilizing one. The company has set up various solar and wind power plants throughout Indian of capacities ranging from 19 to 151 MW.

Wednesday, June 15, 2016

Wind IPPs in India: Will they find enough land?



With the growing population and the consequent growing demand on fossil fuels, fossil fuels are becoming more and more scarce thereby witnessing a considerable increase in their cost.As a result, the power deficit poses as a global issue and the need to minimise it becomes almost inevitable. Renewable resources come to save the situation by working towards remedying the problem and thereby emerge Renewable Energy IPPs. Renewable Energy IPPs or the Independent Power Producers is an upcoming and lucrative market that works towards minimising the power deficit problem of India. Thus, private investors are actively contributing in the power generation sector as much as possible. Of them, a successfully emerging sector includes the wind IPP India. The wind sector initially developed as a private / SME market but then it witnessed a sharp fall in wind installations. Also, problems crept up due to the lowering of solar tariff. But due to the recent IRR increase of wind projects which is well over 15% and being backed up by state government policies, wind IPPs are witnessing a surge in their development and economy. 

Wind power is advantageous in a lot of ways – 

1. The PLF or Plant Load Factor is very high in case of wind power, more than that of solar power. 
2. Wind energy is available throughout the day as long as wind is there.
3. Wind energy driven power plants do not require water for running. 
4. The wind power plants are highly susceptible to wear and tear. 

Problems creep up while finding a proper location for the installation. The Wind Turbine Generators or WTG cannot be installed near townships as they produce a lot of noise and that can result in inconvenience. Hence open places away from townships make apt locations for WTG installations. So appropriate lands need to be procured along with the acquirement of the necessary permits and financing. 

Welspun Renewables is one of the leading wind IPP India, and also the various renewable energy projects undertaken by Welspun Renewables rank among the biggest power generating plants in India. Till date, the company has produced energy having a total capacity of 680 MW. Renowned international investors invest in the company, globally. Welspun Renewables has, in fact, successfully evolved from high carbon utilizing infrastructure to a low carbon utilizing one. It is one of the highest renewable energy resource producers in the country that is currently trying to replace the use of fossil fuels and hence working towards sustainable development. An instance of a wind power plant helmed by Welspun Renewables is located at Rajasthan which has a total capacity of 126 MW.