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

AIIB Endows $100 Million to L&T Finance arm for Green Energy Funding

LTIF’s association with AIIB will also help the company develop its environmental and social capabilities which will in the future enable it to tap the international market for green finance, the bank said

Business | 15/07/2019 | By Moulin

Government to Compensate Consumers for Load Shedding: R K Singh

The government intends to provide ’24X7 Power to All’ at affordable rates. Therefore, there would be a provision in the tariff to cap transmission and distribution losses. Once the tariff policy is approved, the distribution companies would not be allowed to pass on these losses beyond 15 percent

Policies & Regulations | 15/07/2019 | By Moulin

India’s RE Investments Surged by 10 percent,stands at $5.9 Billion in 1st Half of 2019

The jump in investments in solar and wind energy projects in India came even as the global renewable energy investments dropped 14 percent to $117 billion, led by a 39 percent slump in China at $28.8 billion, a 6 percent dip in the US at $23.6 billion and a 4 percent dip in renewable energy investments in Europe

Business | 11/07/2019 | By Moulin

SunEdison Capitalizing Rs 2.12 Cr for Acquiring Major Stake in two RE Companies

SunEdison, which is into the installation of solar water pumps, solar rooftop panels, etc announced the development. The company is expecting that the procurement will help SIL in conveying high-performance solar assets to the customers with improved customer service and visibility

Business | 10/07/2019 | By Moulin

Andhra Pradesh Requests SECI, NTPC to Review Tariffs for Few Solar Projects

The state’s power distribution companies had signed contracts also with the projects of Acme Solar (150 MW), Azure Power (50 MW), Tata BP Solar (100 MW) and FRV Solar (100 MW) at Rs 4.50 per unit through bidding conducted by SECI

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

E-Mobility is a Huge Opportunity for India: CEO, Niti Aayog

"Electric vehicles are a sunrise opportunity as India has over 72 percent two-wheelers; our endeavor should be to make these electric, and also manufacture EVs for the world, in India," Kant believed

Other Energy Applications / Sustainable Transport | 17/07/2019 | By Moulin

Alfanar Group to Expand UK Operation Through £1 Billion Investment into RE Sector

The waste-to-energy projects will contribute to the UK Government’s recent commitment to “net zero” greenhouse gas emissions by 2050. The projects will also divert more than a million tons of waste away from landfill, supporting the UK Government’s Industrial Strategy Grand Challenge around Clean Growth

Business | 17/07/2019 | By Moulin

Palau Becomes the 76th Member Country to Join ISA Framework

Palau President Tommy Remengesau contracted the ISA Framework Agreement during a special ceremony at the Permanent Mission of India to the United Nations. Remengesau acknowledged the ISA as a key initiative for encouraging sustainable energy

Business | 17/07/2019 | By Moulin

NTPC Commissions First Unit of Nabinagar Plant; Installed Capacity Touches 55,786 MW

Nabinagar Power Generating Company, NTPC said, is a 50:50 joint venture between NTPC and Bihar State Power Holding Company Limited

Conventional energy / Thermal Power Plants | 17/07/2019 | By Moulin

Power Ministry Working on Distribution Plan to Guarantee 24X7 Electricity Supply For All

The ministry said that the efforts towards making a distribution plan are aimed at sustaining the goal of 24X7 uninterrupted power for all with the increasing demand for electricity from consumers

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

Government Requests Proposals for Implementation of EV Charging Infra Under FAME-II

Proposals are requested from entities that propose to develop EV charging infrastructure in million-plus cities as per the 2011 census, and smart cities as notified by the Ministry of Housing and Urban Affairs

Other Energy Applications / Sustainable Transport | 17/07/2019 | By Moulin

Vakrangee Deliberates Setting Up EV Charging Infrastructure Pan-India

At present-day, the company has 3,504 such outlets spread across 19 states, 366 districts, and 2,186 postal codes. More than 68 percent of outlets are from tier 5 and tier 6 cities. Through these outlets, the company has set a target of reaching at least 75,000 charging stations by FY2021-22 and 3,00,000 outlets by FY2024-25.

Other Energy Applications / Sustainable Transport | 16/07/2019 | By Moulin

NTT Com-Netmagic Partners with Tata Power to Build 50 MW Solar Power Project

This solar power project is aimed at reducing CO2 emission at an average by about 70,000 tonnes

Renewable energy / Solar PV | 16/07/2019 | By Moulin

Italy to Conduct 1st 500 MW RE Auction on September 30

Auctions will be open to projects exceeding 1 MW in size and will exclude agricultural projects, forcing developers to plan their facilities unused surfaces in urban or industrial areas

Business | 16/07/2019 | By Moulin

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