USAID, MNRE Join Forces to Enhance Clean Energy Development

To maximize the impact of this partnership, the SAGE consortium in discussion with MNRE and its technical institutions, the National Institute of Wind Energy and the National Institute of Biomass Energy has identified several key topics

Policies & Regulations | 08/07/2020 | By Moulin

Viability of 2.36/Kwh Bid Tariff to Depend on PV Module Prices & Pass Through of Duty: ICRA

The safeguard duty imposed on imported modules, currently at 15% is about to expire in July 2020 and the Government of India is likely to impose basic customs duty (BCD) from August 1, 2020, onwards

Renewable energy / Solar PV | 08/07/2020 | By Moulin

Rising Global Interest in Indian Solar Sector Led to Competitive Bidding: CRISIL Report

"A big reason for lowering of tariff compared with even ISTS VIII was the timing of the auctions, which offered a window of opportunity before any additional taxation (in the form of safeguard duty and/or basic customs duty) set in. Without the current duty of 15 percent, keeping module prices stable, capital costs would be lower by 5-7 percent"

Business | 06/07/2020 | By Moulin

India Accomplishes Remarkable Low Solar Tariff of Rs 2.36 Per KWh for 2-GW ISTS Tender

The key reason behind such low tariffs was zero safeguard duty for developers, access to low-cost financing, and a pass-through from basic customs duty under ‘change in law’ provision in this precise period, which is expected to considerably reduce project costs, it added

Renewable energy / Solar PV | 01/07/2020 | By Moulin

Investments Worth $1 Trillion Required by 2030 for Power Sector Transition to Decarbonization

The COVID-19 pandemic will reduce investment levels in the short term, but the market will recover. Throughout the decade, $846 billion will be invested in DER, supported by a further $285 billion that will be invested in battery storage

Business | 29/06/2020 | By Moulin

Reliance, bp Join Forces for Novel Indian Fuels and Mobility Venture

Reflecting on the companies’ net zero ambitions, the new joint venture aspires to provide Indian consumers with advanced fuels with lower emissions, electric vehicle charging, and other low carbon solutions over time. RBML is also committed to the decarbonization of its own operations as well as that of its wider ecosystem

Other Energy Applications / Sustainable Transport | 10/07/2020 | By Moulin

UL's GREENGUARD Certification Earns Recognition in the Singapore Green Labeling Scheme

UL is collaborating with government agencies, NGOs and non-profits across the Association of Southeast Asia Nations (ASEAN) to provide manufacturers of GREENGUARD Gold Certified products more streamlined access to markets where VOC emissions limits are common

Standards & Certifications | 10/07/2020 | By Moulin

Vestas Appoints Dr. Ragu Balanathan as Global Head to Expand its Grid Capabilities

Benefitting from his consulting experience and his time at the National Electricity Market Management Company Limited (previously NEMMCO now known as Australian Energy Market Operator) he will strengthen the design application and grid compliance capabilities for Vestas' renewable energy projects around the world

Business | 10/07/2020 | By Moulin

Nexans Wins Major Power Cable Contract for the Regeneration of Serbia’s Largest Power Plant

The addition of the flue gas desulfurization unit is a key step in achieving a major reduction in sulfur dioxide and particulates emissions from the plant to enable it to meet stringent EU environmental standards

Conventional energy / Thermal Power Plants | 10/07/2020 | By Moulin

Prime Minister Modi Inducts Asia's Largest Solar Power Plant worth 750 MW in Rewa, MP

The solar park has been developed by the Rewa Ultra Mega Solar Limited (RUMSL), a joint venture company of Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) and Solar Energy Corporation of India (SECI)

Renewable energy / Solar PV | 10/07/2020 | By Moulin

EESL, NOIDA Authority Inks Agreement to Install EV Charging Units and Related Infrastructure

EESL will make an upfront investment on services on the agreement along with the operation and maintenance of public charging infrastructure by qualified manpower. NOIDA authority will be responsible for the provision of space for the charging infrastructure

Other Energy Applications / Sustainable Transport | 09/07/2020 | By Moulin

Siemens Gamesa Launches Its Next Generation SG 3.4-145 Wind Turbine in India

he new wind turbine is specifically designed and optimized for wind conditions in the country and has a clear objective to deliver the lowest possible Levelized Cost of Energy (LCoE) with high reliability. The turbine is strongly positioned to cater to the needs of the auction market and aims to further drive the growth of wind power in India

Renewable energy / Wind Power | 09/07/2020 | By Moulin

Enel Green Power Partners with Norfund to Accomplish Green Projects in India

Italy's biggest utility said it's Green Power unit would take the lead in developing and building each project that would be mutually financed and governed by Enel and Norfund

Business | 09/07/2020 | By Moulin

Sterlite Power Wins Two Prestigious Awards at Asset Triple A Asia Infrastructure Awards 2020

Sterlite Power won the ‘Utility M&A Deal of the Year’ award for attracting KKR and GIC as investors to India Grid Trust (IndiGrid)

Business | 09/07/2020 | By Moulin

Hitachi ABB Power Grids India Wins Rs. 120 Crore Order For Indian Railways Electrification

The global technology leader will enable a public electric locomotive manufacturer to advance the government’s mission for 100 percent railway electrification and a low carbon footprint

Business | 09/07/2020 | By Moulin

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