Solar Power Projects Demonstrates Atmanirbhar Bharat Strategy: Prime Minister Modi

Pledging the 750 MW Rewa project in Madhya Pradesh to the nation, Modi labeled solar energy as “sure, pure and secure”. He said such large-scale solar projects were an exemplification of ‘Atmanirbhar Bharat’

Policies & Regulations | 13/07/2020 | By News Bureau

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 News Bureau

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 News Bureau

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 News Bureau

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 News Bureau

Government Must Rescue Ailing Power Sector Suffering from Reduced Demand Due to COVID-19

The electricity consumption in April 2020 was 18.1% and 15.1% lesser than what it was in February and March 2020, respectively. Although consumption picked up towards the latter part of May, the scenario is expected to remain the same at least for the next couple of months

Business | 13/07/2020 | By News Bureau

Clir Renewables Expands Market Presence in Spain with New Senior Appointment

“I look forward to supporting wind and solar project owners and operators across Spain in getting the most out of their assets through the unparalleled insights Clir’s market-leading platform can provide.”

Business | 13/07/2020 | By News Bureau

Corporate Funding in Solar Sector in H1 2020 Drops 76 Percent to $462 Million: Report

Total worldwide corporate funding in the solar sector during January-June 2020 stood at $4.5 billion, down 25 percent from $6 billion in the corresponding period of the previous year.

Business | 13/07/2020 | By News Bureau

ADB, IEA Revamp Agreement to Cooperate on Energy Sector Sustainability in APAC Region

ADB first signed a 3-year MOU with IEA in March 2017 to facilitate knowledge and analytical work to advance clean energy development in ADB’s developing member countries. As part of this, ADB worked with IEA to study power system flexibility in India to integrate more solar and wind energy in the grids

Business | 13/07/2020 | By News Bureau

NTPC Wins Prestigious CII-ITC Sustainability Awards 2019

NTPC always strives for sustainable development of its communities around the power stations. Its flagship CSR program GEM (Girl Empowerment Mission), a 4 weeks residential program has been institutionalized in the vicinity of its power stations for benefit of school-going girls from an underprivileged background to support in their overall development

Business | 13/07/2020 | By News Bureau

CATL and Honda Join Forces for Strategic Alliance on NEV Batteries

This agreement will enable the two companies to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries

Other Energy Applications / Sustainable Transport | 13/07/2020 | By News Bureau

Growatt Introduces New Generation Three-Phase Inverter into Brazilian Market

The new inverter series provide flexibility to meet the grid requirement of different voltages for commercial and industrial (C&I) solar plants, including MAC 15-36KTL3-XL for three-phase application at 220V and MAC 50-70KTL3-X LV/MV at 380V

Energy Storage | 13/07/2020 | By News Bureau

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 News Bureau

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 News Bureau

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 News Bureau

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