Government Classifies Ocean Energy Under Renewable Sources
Projects utilizing ocean-based sources for energy generation can now be considered for non-solar renewable purchase obligations
August 26, 2019
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The Ministry of New and Renewable Energy (MNRE) has informed all the stakeholders that energy from the ocean like tidal, wave, ocean thermal energy conversion, will be accepted as renewable energy. Projects utilizing ocean-based sources of energy can be considered as non-solar renewable purchase obligations (RPO) that are required to be fulfilled by various entities.