Global Energy Investments to See Significant Plunge Worth $400 Billion Due to COVID-19: IEA

It added that this would be the prevalent drop in global energy investment in history, with outlay expected to plunge in every major sector from fossil fuels to renewables, and efficiency

Business | 27/05/2020 | By Moulin

India’s Present Solar Tariffs 30 Percent Lower Than Current Thermal Power Costs: Study

According to Vibhuti Garg, co-author of the study by IEEFA and JMK Research & Analytics and energy economist at IEEFA, as per present market conditions, tariffs below Rs 2.50 per kWh are economically not viable in India’s solar sector

Business | 22/05/2020 | By Moulin

Global Green Energy Growth to Drop for First Time in 20 Years: IEA Report

The world is set to build fewer wind turbines, solar plants, and other installations that produce renewable electricity this year as energy demand has been reduced across commercial and industrial sectors and logistics issues delay projects

Business | 20/05/2020 | By Moulin

Asia Set for Renewable Energy Transition, Regardless of COVID-19: IEEFA Report

“India imported some $250 billion worth of fossil fuels in 2019, both a massive economic drain and a major energy security risk. Leveraging renewable energy resources allows for domestic diversification away from imports and helps reduce energy security risks,” IEEFA said

Business | 18/05/2020 | By Moulin

Govt. Provides Economic Stimulus to Power Discoms with Liquidity worth Rs. 90,000 Crore

State-owned Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) will instill the liquidity by raising an amount of about ₹90,000 crores from the market against the receivables of discoms. The state governments will provide a security

Policies & Regulations | 13/05/2020 | By Moulin

Zunroof Launches Residential Solar Rooftop Plan Worth Rs 660 Per Month in Delhi

“In today's unprecedented times, it becomes all the more important to be there for everyone who wants to go solar and thus, helping them make the payment over 84 months or seven years can be a game-changer,” said Pranesh Chaudhary, founder, and chief executive officer, Zunroof

Renewable energy / Solar PV | 28/05/2020 | By Moulin

PXIL to Launch Real-Time Market (RTM) For Electricity from 1st June 2020

The Real-Time Market (RTM) provided by PXIL would ensure that Buyers and Sellers can purchase or sell electricity from anywhere across the country with just one hour’s prior notice. The entire transaction would be online and accessible from any corner of the country

Business | 28/05/2020 | By Moulin

EESL’s JV Becomes the Fastest-Growing Indian Owned Company in The UK

The JV, between Energy Efficiency Services Ltd (EESL) and British impact focussed energy efficiency firm EnergyPro Asset Management Ltd (EPAM)) has grown at a rapid clip, further reaffirming India’s role as a global energy efficiency pioneer

Energy efficiency | 28/05/2020 | By Moulin

Advanced Power Transmission Technologies Increase Capacity, Expand Distribution Network in Asia

To enhance Asia’s energy transition, Black & Veatch is extending its Breakthrough Overhead Line Design ® (BOLD) consultancy services to India, Indonesia, Philippines, Thailand, and Vietnam. Black & Veatch is the exclusive design consultant of BOLD®’s innovative transmission line technology in Asia

Power R&D | 28/05/2020 | By Moulin

Siemens Gamesa to Supply SG 14-222 DD Offshore Wind Turbines for CVOW Project

Once online, the project is expected to provide enough clean energy to power 650,000 homes at rated wind speed, avoiding 3.7 million tons per year of carbon emissions compared to fossil fuel-based power generation

Renewable energy / Wind Power | 28/05/2020 | By Moulin

Wind Turbine Sizes Keep Developing as Industry Consolidation Endures: GWEC Report

According to the report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity, a new supply-side record in terms of capacity for the industry

Renewable energy / Wind Power | 28/05/2020 | By Moulin

PM Modi Evaluates Power, Renewable Energy, Proposes Need for Innovative Models in Rooftop Solar

For the renewable energy sector, he said that there is a need for an all-inclusive approach for the entire supply chain in the agricultural sector oscillating from solar water pumps to decentralized solar cold storages

Policies & Regulations | 28/05/2020 | By Moulin

PV Evolution Labs Issues New PV Module Rankings Based on Independent Test Results

Participation in PVEL's PQP is voluntary for manufacturers and only top-performing module models are ranked in the Scorecard. Since PVEL launched its PV Module PQP in 2012, it has tested over 360 bills of material (BOMs) from more than 50 module manufacturers

Renewable energy / Solar PV | 28/05/2020 | By Moulin

Record Engine Powers World’s Largest Containership

While the engine’s power delivery has been adjusted downwards to achieve an optimal fuel consumption, the ME-C Mk 10.5 type is capable of delivering 6,870 kW per cylinder, making it the most powerful engine ever developed by MAN Energy Solutions’ Two-Stroke business. Physically, it measures almost 22 m in length, 18 m in height and 2,230 t in weight

Business | 28/05/2020 | By Moulin

Tata Power Gets Ready to Enable India’s Shift to Clean Mobility with ‘EZ Charge’

As part of its plans to help the EV migration in India, Tata Power will be investing substantially to expand its network of smart EV charging points from around 170 now to over 700 by end of the current financial year under the Brand name of Tata Power EZ Charge

Other Energy Applications / Sustainable Transport | 28/05/2020 | By Moulin

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