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

Vestas Holds Top Spot Among World’s Prominent Turbine Manufacturers: BNEF Report

“In spite of losing 4 percentage points of onshore market share Vestas continued to lead the global wind turbine market in 2019 with 9.6 GW of fully commissioned wind capacity of a total of nearly 61 GW,” BNEF said

Renewable energy / Wind Power | 19/02/2020 | By Moulin

Bureau of Energy Efficiency Plans to Introduce ISO 50001:2018 Standards in Andhra Pradesh

The ISO 50001:2018 energy management system will reduce costs and increase the profitability of businesses. Nagulapalli Srikant, secretary of the energy department said BEE has nominated Andhra Pradesh for the launch of ISO 50001:2018 standards because of its energy policies

Energy efficiency | 19/02/2020 | By Moulin

Canadian Solar Trades Solar Plant Worth 56.3 MW in Japan for $205 Million

Canadian Solar expects to recognize the revenue from the transaction in the first quarter of 2020. This sale was originally planned to close in the fourth quarter of 2019 but was delayed due to regulatory and contractual obligations required to be met prior to closing the transaction

Renewable energy / Solar PV | 19/02/2020 | By Moulin

Approximately 27 GW of New Solar Capacity Addition in India in Last Three Years: RK Singh

According to the data issued by the minister, behind Karnataka, with 3572.93 MW of installed solar capacity in Rajasthan, followed by Tamil Nadu – with 2723.45 MW of new capacity installed over the last three years

Renewable energy / Solar PV | 19/02/2020 | By Moulin

India’s Renewable Energy Sector Sees Investment worth 1.32 Lakh Crores in Past Three Years

In the solar power segment alone, a total investment of Rs 37,451 crore and Rs 26,116.8 crore were made in 2017-18 and 2018-19, respectively. Solar power projects worth Rs 22,199 crore were set up in the current fiscal till December

Business | 19/02/2020 | By Moulin

India's Renewable Energy Sector to Appeal $10 Billion Investments Per Annum: Bank of America

The government's target of producing more than 10,000 megawatts of energy from renewable sources will draw huge investment into wind and solar projects, even though changing regulatory goalposts is a disturbance, Ray Wood, the head of power, utilities & renewables at the bank, told

Business | 19/02/2020 | By Moulin

Solis Stock Reaches 10% Daily Limit Once Again, Up Industry Best 69% in 2020

Since the Spring Festival, Solis’ stock price has increased from 45.23 yuan to today’s closing price of 70.19 yuan, a 55% increase in just 12 trading days. Year to date, the stock has increased 69%, earning the top spot within the new energy A-share market

Business | 19/02/2020 | By Moulin

Vedanta Limited, GE Inks Agreement for Digital Smelter Solutions

The move, which is rolled to considerably increase its operational efficiency and productivity, will be the first such deployment of digital twin technology at any aluminium smelter in India

Business | 18/02/2020 | By Moulin

Standard Chartered Pledges $75 Billion for Achieving Sustainable Development Goals

The move comes amid a wider shift among financial firms globally to tackle their role in backing fossil fuel projects, as public concern matures about the climate crisis

Business | 18/02/2020 | By Moulin

Shell Launches ‘Scale Track’ For Mature Start-Ups Under Its E4 Programme

The Track is customized to support start-ups in strengthening their strategy and scaling up operations by offering insights from global companies and industry leaders, material resources including full access to their lab at the Shell Technology Centre Bangalore, and access to a focused mentorship programme

Business | 18/02/2020 | By Moulin

 
 
 
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