MNRE to Set Up Renewable Energy Standarization Cell

The Standardization cell envisages acting as a channel of communication facilitating the identification of new subjects & relevant subject matter experts for standardization with different sectors

Policies & Regulations | 18/02/2020 | By Moulin

India Set to Undertake Initiative Towards Green Economy, Emphasis on Renewable Energy: PM Modi

The Prime Minister sustained that the international solar alliance, the partnership for disaster-resilient infrastructure and industries transition leadership have seen promising participation from countries globally

Policies & Regulations | 17/02/2020 | By Moulin

India’s Renewable Sector Necessities Around $700 Billion in Fresh Investment by 2030: IEEFA

The new report India’s Renewable Energy Policy Headwinds - Recommendations for Urgently Accelerating Activity in the Renewable Energy Sector finds a number of recent policy positions have undermined growth in India’s renewable energy sector

Business | 13/02/2020 | By Moulin

MNRE Inaugurates “Industry and Investors’ Facilitation Centre”

The centre will be headed by Amitesh Kumar Sinha, a Joint Secretary of MNRE. The centre will “catalyze and boost investor confidence and safeguard timely completion of projects in the sector,” according to the ministry. A devoted portal for this task will be set up soon

Policies & Regulations | 12/02/2020 | By Moulin

India May Find It Difficult to Meet Its 175 GW Target by 2022: CSE Report

The slowdown, naturally, raises doubts about India’s capability to meet the 175 GW target. To catch up, the country is now required to install 37.8 GW of solar rooftop, 32.1 GW of solar utility and 23.3 GW of wind power capacity in a short span of just two and half years

Business | 12/02/2020 | By Moulin

India's Reservoir Surface Area Worth 18K Sq Km Can Generate 280 GW Solar Energy: TERI Report

In order to keep the pace of development proportionate with India's national targets for solar capacity additions, substitutes such as floating solar need to be reconnoitered and established, it said

Renewable energy / Solar PV | 18/02/2020 | By Moulin

Coronovirus Outbreak Impacts Deferrals in Chinese Wind Installation: Wood Mackenzie Report

According to the research agency, the outbreak has conveyed much of China’s wind turbine component production to a halt in recent weeks. The quarantine and travel restriction measures will impact an already tight supply situation for key components

Renewable energy / Wind Power | 18/02/2020 | By Moulin

Pexapark Launches Freemium Version of Pexaquote Software Use to Inform 25% of European PPA Deal

Since 2019, the business has used insights from its software and database to support more than 50 PPA deals struck in Europe. Pexapark developed PexaQuote in 2019 to analyze power price data and provide a quote based on real-time energy valuation and the specifics of a given project.

Business | 18/02/2020 | By Moulin

Responsible and Sustainable Investing The ‘New Norm in Less Than Five Years’

Currently, the U.S. and Europe lead the charge in ESG investment, with 80% of the responsible-investing market. Asia is currently lagging behind. But, says Mr. Green, this could change and will further fuel demand

Business | 18/02/2020 | By Moulin

Srei Equipment Finance, UCO Bank to Co-Lend Through iQuippo Platform

The lenders will use the iQuippo platform, a unique digital market place with more than 90,000 registered users, for loan origination and sourcing of prospective borrowers and electronic auction of equipment as and when required

Business | 18/02/2020 | By Moulin

EESL Signs MoU with BSNL to Install 1000 Public Charging Stations Across India

EESL will make the entire upfront investment on the services pertaining to the MoU, along with the operation and maintenance of the charging infrastructure by using qualified personnel. BSNL would be responsible for providing the requisite space and power connections for installing the charging infrastructure

Other Energy Applications / Sustainable Transport | 18/02/2020 | By Moulin

Sembcorp & Singapore’s ASTAR Partners for Offshore, Marine and Clean Energy Research

By signing a master research collaboration agreement (MRCA) the two parties aim to “shorten the development cycle and time-to-market of new offshore, marine and clean energy solutions achieved through their research efforts”

Business | 17/02/2020 | By Moulin

NY Green Bank Witness Strongest Q4 worth $117.5 Million in Clean Energy Investments

This accomplishment supplements NY Green Bank’s strongest calendar year yet with a total of USD 276.1 million committed in 2019, growing its total portfolio obligation to over USD 909 million and driving up to USD 2.4 billion in clean energy investments

Business | 17/02/2020 | By Moulin

Tata Power Aims to Set Up 700 EV Charging Stations by 2021

"We are mapping the locations where EVs are launched and we will be setting up charging stations in those cities. We aim to take this number to around 700 by next year," company's CEO and Managing Director Praveer Sinha said

Other Energy Applications / Sustainable Transport | 17/02/2020 | By Moulin

ENGIE Completely Commissions Kadapa Solar Project Worth 250 MW in Andhra Pradesh

Over 1 million panels and over 2,700 string inverters were installed with 1.9 million safe man-hours put by over 1,200 skilled and unskilled manpower in a site spread across 1,250 acres, it said

Renewable energy / Solar PV | 17/02/2020 | By Moulin

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