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

KSL Cleantech Eyes Rs. 200 Crores Investment in its EV Venture

The company, which has been largely into the solar power space for the last 10 years, is also in talks with global firms for partnering in its electric mobility venture in areas including product development and supply of components such as lithium-ion batteries

Other Energy Applications / Sustainable Transport | 15/07/2019 | By Moulin

Hanergy’s MiaSolé Sets Large Area Flexible PV Efficiency World Record at 17.44 Percent

The cells and record modules were made using the MiaSolé production lines in Santa Clara, CA. MiaSolé's cell manufacturing process deposits CIGS on a flexible substrate using high-speed physical vapor deposition (PVD) that produces high-efficiency solar cells in a continuous and high throughput process

Renewable energy / Solar PV | 15/07/2019 | By Moulin

Greenko Secures $824 Million in Equity Funding from GIC and ADIA

The new capital will be used to fund its business plan, which includes the CAPEX of IREP projects and also other opportunistic and valuable acquisitions. Greenko has also issued warrants to its founders, which will bring in additional equity for the growth of the company when they are exercised over the coming months

Business | 12/07/2019 | By Moulin

IIT-Roorkee & Powergrid Corporation Inks MoU on Energy Efficiency

The MoU aims to bring together academic and industry/corporate prowess, in building efficient, reliable and low-cost energy systems

Energy efficiency | 12/07/2019 | By Moulin

India Added 10 GW RE Capacity Under Green Energy Corridor: RK Singh

“As on July 5, 2019, 2168.2 ckm of transmission lines and 4757 MVA of substations under Intra-State Transmission System and 2467 ckm of transmission lines and 13000 MVA of substations under Inter-State Transmission System have been charged under MNRE’s GEC project,” Singh wrote in his response

Policies & Regulations | 12/07/2019 | By Moulin

IL&FS Energy Issues EoI for Stake Sale in 2 Wind Energy Assets

The call for EoIs is a part of the asset monetization process as per the ‘Report on Progress and Way Forward’ submitted by IL&FS to the Ministry of Corporate Affairs in October 2018 which was later filed in the Mumbai bench of the National Company Law Tribunal

Renewable energy / Wind Power | 12/07/2019 | By Moulin

Power Charges Rise Approximately 50% at IEX

Some states have been asked to supply power 24x7 leading to amplified buying from the exchange. Power prices during the 9 pm – 10 pm slot were highest on Thursday during the week at Rs 7.45 per unit as demand outstripped supply by almost 25% for the slot

Business | 12/07/2019 | By Moulin

Tata Group to Establish Li-Ion Battery Plant worth Rs 4,000 Crores in Gujarat

According to a senior state government official, the company has already attained a land parcel of 126 acres in Dholera

Energy Storage | 12/07/2019 | By Moulin

L&T Secures "Substantial" Orders Across Several Business Segments

The company did not provide the value of the contracts but said the orders fall under "significant" category which ranges between Rs 1,000 crore and Rs 2,500 crore as per its grouping of contracts

Business | 11/07/2019 | By Moulin

Sungrow Reaches 4 GW Milestone in Indian Market

Sungrow is taking the lead in supporting the Indian energy transition and is witnessing a standout performance with optimal products and established service networks. In particular, the Company ranked No.1 in utility-scale applications in 2018, sourced by Bridge to India, an authoritative research institute

Business | 11/07/2019 | By Moulin

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