IOCL Plans Investments worth Rs. 25,000 Crores in Clean Energy Projects

The company plans to scale up its solar and wind power portfolio to 260 MW by 2020 from 216 MW now, which includes 167 MW of wind and 49 MW of solar

Business | 20/08/2019 | By Moulin

India Will Required USD 500-700 Billion in RE Investments by 2030: IEEFA Report

Author Tim Buckley, Director of Energy Finance Studies with IEEFA, said the world is looking to invest in India’s renewable energy sector

Business | 19/08/2019 | By Moulin

Ginlong(Solis) Tops China’s Inverter Export Data List for The First Half of 2019

The company have met these challenges and have increased sales, market share and export volumes, consolidating the top three positions in the PV inverter market

Renewable energy / Solar PV | 13/08/2019 | By Moulin

SECI Floats 1.2 GW Renewable Energy Storage Tender

The developers can set up wind or solar or hybrid projects of solar and wind energy, according to the conditions mentioned in the tender floated by SECI. A group of the company can bid for a maximum capacity of 600 MW and the project size may remain between 50 MW to 300 MW

Renewable energy / Solar PV | 09/08/2019 | By Moulin

IRENA and UNFCCC Partners to Fast-track Promotion & Adoption of Renewable Energy

In a Memorandum of Understanding (MoU) signed in Bonn between the heads of IRENA and UN Climate Change, the two organizations have agreed to step up the exchange of knowledge on energy transition, collaborate more closely at expert meetings, increase capacity building to promote renewables and undertake joint outreach activities

Business | 05/08/2019 | By Moulin

Over 72% of Germany’s Power Needs to Be Met by Non-Hydro RE by 2030: GlobalData

The report reveals that in 2018, renewable energy dominated Germany’s power capacity mix followed by thermal, hydro and nuclear power with 53.4%, 36.9%, 5.2% and 4.4% shares respectively. In the non-hydro renewable energy mix, wind contributed a 51.4% share while solar photovoltaic (PV) a 39.4% share

Business | 20/08/2019 | By Moulin

Researchers at IIT-Mandi Developing Technology to Transform Heat into Electricity

In the Western world, many automobile companies, including Volkswagen, VOLVO, Ford and BMW are developing thermoelectric waste heat recovery systems that promise 3-5 percent improvements in fuel economy.

Power R&D | 20/08/2019 | By Moulin

Global Offshore Wind Capacity Expected to Extent 193 GW by 2030, 500 GW by 2050: NREL

Funded by the US Department of Energy’s Wind Energy Technologies Office, the report covers the status of the 176 operating offshore wind projects through December, 31, 2018. The report also provides the status of, and analysis on, a broader global pipeline of 838 projects in various stages of development

Renewable energy / Wind Power | 20/08/2019 | By Moulin

PTC Signs Agreement for Bhutan’s 720 MW Mangdechhu Hydropower Plant

The project is assessed to generate 2,923 GWh (2.923 billion units) of electricity and offset 2.2 Mt of CO2 a year. The energy generated will be transferred to India through Jigmeling and Salakati sub-station

Renewable energy / Hydropower | 20/08/2019 | By Moulin

Renewables to Represent 30%of US Total Installed Capacity by 2030: GlobalData

GlobalData's latest report, ‘US Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations and Competitive Landscape’, reveals that the share of coal-based capacity will decline from 27.2% in 2018 to 13.5% in 2030 as it is replaced by renewable energy, storage projects and stable gas-based generation in the near future

Business | 20/08/2019 | By Moulin

Siemens to Upgrade and Modernize Hindustan Zinc Limited’s Power Asset Fleet

The modernization of the power asset fleet of Hindustan Zinc Limited includes state-of-the-art design steam turbine components and digital technologies. Siemens will also provide on-site project services on a turnkey basis

Business | 20/08/2019 | By Moulin

WBPCB Issues Tender for Setting Up 50 Rooftop Solar Systems Worth 500 kW

The last date for bid submission is September 11, 2019, and the techno-commercial bids will be opened on September 13, 2019. The date and time of opening of the financial bids will be intimated to the successful technical bidders later

Renewable energy / Solar PV | 20/08/2019 | By Moulin

MNRE Relaxes Bidder Selection Rules under PM KUSUM Scheme

As per the new revisions of the government, to guarantee quality and post-installation services only manufacturers of solar water pumps or manufacturers of solar panels would be permitted to participate in the bidding process

Policies & Regulations | 20/08/2019 | By Moulin

Government Set to Inaugurate Integrated Power Scheme in 53 J&K Towns

“The scheme will bring improvement in consumer satisfaction and power supply reliability, monitoring of all feeders, proper energy accounting and auditing as meter data will be acquired automatically from remote avoiding any human intervention,” said the proposal

Policies & Regulations | 20/08/2019 | By Moulin

Lanco Thermal Power Receives Financial Entitlements Worth Rs 24,000 Crore

Among the 15-20 creditors to the company are Andhra Bank, ICICI Bank, Axis Bank, Canara Bank, and IDBI Bank, sources said

Business | 20/08/2019 | By Moulin

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