India to Witness 6-Fold Rise in RE Capacity by 2029-30: CEA Report

“The projected gross electricity generation (BU) during the year 2029-30 is likely to be 2,508 BU comprising of 1,297 BU from Thermal (Coal, Gas, and Lignite), 887 BU from Variable RES, 197 BU from Hydro, 101 BU from Nuclear and 26 BU from Biomass” states report

Business | 23/07/2019 | By Moulin

EV Start-Up SmartE Receives Rs 100-Crore Outlay from Mitsui

The company will use the capital to swiftly increase its fleet size within Delhi-NCR as well as other key cities around the country. It will also use the funds to significantly ramp up its charging infra network to offer both plug-in vehicle charging and battery swapping solutions

Other Energy Applications / Sustainable Transport | 22/07/2019 | By Moulin

India Set to Surpass Paris Agreement Targets by 60%: IEEFA

Based on India's Central Electricity Authority (CEA) projections, instead of 40 percent, India will have 63 percent of installed capacity from non-fossil fuel sources by 2029-30. This amounts to 60 percent more than what India had dedicated to accomplishing under the 2015 Paris Agreement on Climate Change, believed IEEFA

Business | 19/07/2019 | By Moulin

Investment in Indian RE Sector Doubled in Last 5 Years, Outshines Coal in 2018: CEEW-IEA Report

The report arises in the backdrop of the Economic Survey underlining that India’s additional clean energy investment necessity is nearly $80 billion till 2022, developing more than three-fold to $250 billion during 2023-30

Business | 19/07/2019 | By Moulin

India’s RE Capacity Achieves 80 GW Mark: R. K Singh

In a separate reply to the House, Singh said that solar power capacity addition was 5,525.98 MW in 2016-17, 9,362.63 MW in 2017-18 and 6,529.20 MW in 2018-19

Policies & Regulations | 17/07/2019 | By Moulin

NTPC Releases NIA for Enrollment of EV Charging Infrastructure Developers

To be qualified, the bidder should have manufactured and supplied, or be a charge point provider of off-board EV DC charger(s). The cumulative installed capacity should be at least 50 kW or above, out of which at least one such charger should be of 15 kW or above prior to the date of techno-commercial bid opening

Other Energy Applications / Sustainable Transport | 23/07/2019 | By Moulin

IFC Provides $35 Million to Davivienda Costa Rica for Green Energy Projects

The loan will donate to fund a channel of green projects in Costa Rica including sustainable buildings, energy efficiency and small-scale renewable energy generation under the standards for green lending described in the Green Bond Principles, published by the International Capital Markets Association in 2017

Business | 23/07/2019 | By Moulin

ZunRoof Develops Footprint to 3 New Cities; Contemplates to Range 100 Cities by FY20

The move has come as the Pranesh Chaudhary and Sushant Sachan backed home-tech startup targets to offer its residential solar rooftop solutions to sovereign homeowners and Small and Medium-sized Enterprises (SMEs) in these cities

Business | 23/07/2019 | By Moulin

Adani Releases RfS for Hybrid Wind-Solar Projects worth 350 MW

The last date for bid submission is August 9, 2019, and the bids will be opened on the same date. A pre-bid meeting has been scheduled for July 29, 2019, to address the concerns raised by the prospective bidders

Renewable energy / Solar PV | 23/07/2019 | By Moulin

MNRE Requests Proposals for Hydrogen Fuel Buses Testing in Delhi-NCR

MNRE, of late, has been involved in the promotion and development of the more unconventional sources of renewable energy and green fuels. In June, the ministry had invited project proposals for “Solar-driven seawater hydrogen production and producing methane by sequestering CO2”

Renewable energy / Hydrogen / Fuel Cells | 23/07/2019 | By Moulin

CG Power Secures Contract for 400-MW Wind Farm in Saudi Arabia

The wind farm is being developed by an association of EDF Renewables and Masdar that will supply power to the Saudi Power Procurement Company, a subsidiary of the Saudi Electricity Company

Renewable energy / Wind Power | 22/07/2019 | By Moulin

BEE to Help Build Energy-Efficient Housing in Andhra Pradesh

Financial support for the efficiency programmes is grant-in-aid nature (100% free). The BEE has decided to provide technology for the state’s flagship programme of ‘affordable housing’ for the poor, without any financial burden on the government, through Energy Conservation Building Code for Residential Buildings (Residential ECBC)

Other Energy Applications / Sustainable Building | 22/07/2019 | By Moulin

AG&P Receives Landmark Equity Investment from Osaka Gas and JBIC

This capital will be used to execute AG&P’s multiple LNG initiatives worldwide, including the development and roll-out of various business plans

Business | 22/07/2019 | By Moulin

Asia Aligns Power Infrastructure Investments to Meet Dynamic Energy Transition Needs

Black & Veatch’s new regional leader brings focus to integrated conventional, renewable, distributed generation and the power grid

Business | 22/07/2019 | By Moulin

Schneider Electric launches flagship iRewards program in India with Paytm

The globally recognized partner incentive program has been successfully implemented in more than 51 countries across the globe. The flagship program has more than 5000 active users from IT Channel community across the world

Business | 22/07/2019 | By Moulin

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