MNRE to Set Up Renewable Energy Standarization Cell

The Standardization cell envisages acting as a channel of communication facilitating the identification of new subjects & relevant subject matter experts for standardization with different sectors

Policies & Regulations | 18/02/2020 | By Moulin

India Set to Undertake Initiative Towards Green Economy, Emphasis on Renewable Energy: PM Modi

The Prime Minister sustained that the international solar alliance, the partnership for disaster-resilient infrastructure and industries transition leadership have seen promising participation from countries globally

Policies & Regulations | 17/02/2020 | By Moulin

India’s Renewable Sector Necessities Around $700 Billion in Fresh Investment by 2030: IEEFA

The new report India’s Renewable Energy Policy Headwinds - Recommendations for Urgently Accelerating Activity in the Renewable Energy Sector finds a number of recent policy positions have undermined growth in India’s renewable energy sector

Business | 13/02/2020 | By Moulin

MNRE Inaugurates “Industry and Investors’ Facilitation Centre”

The centre will be headed by Amitesh Kumar Sinha, a Joint Secretary of MNRE. The centre will “catalyze and boost investor confidence and safeguard timely completion of projects in the sector,” according to the ministry. A devoted portal for this task will be set up soon

Policies & Regulations | 12/02/2020 | By Moulin

India May Find It Difficult to Meet Its 175 GW Target by 2022: CSE Report

The slowdown, naturally, raises doubts about India’s capability to meet the 175 GW target. To catch up, the country is now required to install 37.8 GW of solar rooftop, 32.1 GW of solar utility and 23.3 GW of wind power capacity in a short span of just two and half years

Business | 12/02/2020 | By Moulin

Infineon Aims to Become a Carbon-Neutral Company by 2030

Through the use of its products and solutions by the customers of Infineon, 40 times more CO2 can currently be avoided than is generated during production. With its goal of going carbon neutral, the company is thus taking the next strategic step to fulfill its own mission

Business | 21/02/2020 | By Moulin

Taiwan Marching Towards Record Installation of 20 GW Solar PV by 2025: GlobalData Report

The country installed 1.6GW of new Solar PV capacity to end 2019 at a cumulative solar PV generation capacity of 4.3GW. Moreover, Taiwan is estimated to add record 2.25GW of new solar PV deployment in 2020

Renewable energy / Solar PV | 21/02/2020 | By Moulin

Vestas Secures 108 MW Wind EPC Order in Mexico

Agustín Sánchez-Tembleque, General Manager of Vestas México, added that the project underlines the competitiveness of wind energy in Mexico and Vestas ability to provide the lowest cost of energy to its customers

Renewable energy / Wind Power | 21/02/2020 | By Moulin

Goldi Solar Reinforces as A Tier-1 Solar PV Manufacturer on the BNEF List

Tier 1 module manufacturers are those that have provided products to six different projects, which have received non-recourse financing by six different banks in the past two years. Nevertheless, Goldi Solar has met all the criteria’s to be on this list of Tier 1 and it is the fourth Indian company listed

Renewable energy / Solar PV | 21/02/2020 | By Moulin

NextEra Energy Trades Equity Units Worth $2.5 Billion to JP Morgan, Wells Fargo & BofA

NextEra Energy Capital Holdings expects to use its general funds to fund investments in energy and power projects and for other general corporate purposes, including the repayment of all or a portion of NextEra Energy Capital Holdings’ outstanding commercial paper obligations

Business | 21/02/2020 | By Moulin

MNRE Recommends Draft Policy on Round-The-Clock Power Supply by Bundling Renewable with Thermal

Addressing the issues of intermittency, limited hours of supply and low capacity utilization of transmission infrastructure, the draft policy provides for reverse bundling, wherein high-cost thermal power is being allowed to be bundled with cheaper renewable energy

Policies & Regulations | 21/02/2020 | By Moulin

AES Distributed Energy Secures $341 Million of Debt Financing

The financing is the largest domestic debt facility raised for a portfolio of community and distributed solar and represents the third large umbrella facility AES DE has completed since 2017. Silicon Valley Bank (SVB), KeyBank N.A. and Nomura acted as coordinating lead arrangers

Business | 21/02/2020 | By Moulin

LG Chem & Span Launch Energy Storage with Customizable Backup Power

This new solution gives customers unprecedented flexibility to manage their energy whether their needs are driven by changing needs in the home, seasonality, or power outage scenarios

Energy Storage | 21/02/2020 | By Moulin

India Installed Solar Capacity Worth 2,308 MW in Q4 of 2019: JMK Research Report

“India commissioned 34 gigawatt (GW) of solar capacity and 38 GW of wind capacity as of 31 December 2019. The present pipeline of solar and wind projects stands at 32 GW, which is likely to be commissioned in the next two to three years,” the firm said in its renewable sector update

Renewable energy / Solar PV | 20/02/2020 | By Moulin

Black & Veatch, Rezatec Partners for Enhancing Management of Utility Infrastructure

Black & Veatch Europe’s ECO-X cloud-based digital ecosystem enables integration with partners like Rezatec to provide digitally enabled asset management tools that are readily interoperable with utility clients’ IT systems

Business | 20/02/2020 | By Moulin

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