PM Modi led BJP stunned the Opposition and the country with a historic landslide victory in Lok Sabha elections 2019. As country voted for a majority government for yet another term, the renewable energy industry which witnessed a major boost during the first 5 year tenure of the government has come forward to congratulate the […]
Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030. Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest […]
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough to meet global development goals, according to a report released Wednesday. Furthermore, efforts to cut pollution from cooking food and promote renewable power for heat and transportation are likewise […]
Tata Power Renewable Energy Ltd, emerged winner in an auction conducted by Gujarat for 1000 MW of projects to be built at Dholera solar park. Tata Power and state-owned Gujarat Industries Power Company Ltd (GIPCL) were the only bidders who bid for 250MW and 50MW respectively at a tariff of Rs 2.75 per unit. Tata […]
Adani Green Energy said on Monday that two of its promoters Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece on Tuesday. The offer for sale would open for one day on Tuesday, May 21, 2019, stated a BSE filing. Adani […]
Diversified technology firm Panasonic India is betting big on its energy-related business and expecting to clock around Rs 700 crore in revenue by 2021 from this vertical, said a top company official. The company has divided its energy space business into two segments — energy storage and mobility solutions, Panasonic President and CEO Manish Sharma […]
Canada based firm Brookfield Asset Management Inc is gearing up to acquire Hyderabad-based Axis Energy’ two wind farms for INR 500 crore, reports ET citing sources. When acquired this will be Brookfield’s first direct acquisition in the renewable energy space in India. The firm back in 2017 acquired SunEdison’s solar yieldco TerraForm Global Inc, which […]
Author: Devashish Ganguli AI is one of the most important things humanity is working on. “It is more profound than, electricity” Says Google’s CEO Sundar Pichai.If you don’t sacrifice for what you want, what you want becomes the sacrifice. For four billion years living things have come from the realm of the organic. Artificial intelligence […]
EY in its 53rdRenewable Energy Country Attractiveness Index (RECAI) revealed that the renewable energy sector is entering a new phase of subsidy-free growth across the world. Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a […]
Aloha! India now carries the much awaited tag of the fastest growing energy market in the world. According to the International Energy Agency (IEA) investment in the energy sector in the country grew at a rate of 12 per cent in 2018 — the highest growth rate as compared to any other country. “Energy investment […]
