Solar projects with 3200 mw capacity will be set up in Maharashtra in the next two years, power minister Chandrashekhar Bawankule said Wednesday. He said the chief engineer in each of the 16 zones of Mahavitaran, the state-run power distribution company, has been directed to ensure setting up of 200 mw solar projects (total 3,200 […]
Government of India recently announced the completion of 100 percent village electrification. This massive accomplishment of bringing electricity to 5,97,464 villages along with introduction of Saubhagya Scheme to provide free electricity connections to about 40 million homes and smart grid projects in urban areas, government of India is making all efforts to provide 24 X […]
Adani Green Energy (AGE) recently said it has acquired 51 per cent equity share capital of Kodangal Solar Parks Pvt Ltd (KSPPL) from FS India Devco Pvt Ltd for about Rs 1.69 crore. Adani Green Energy already held 49 per cent stake in KSPPL. KSPPL was incorporated in August 2015 and has set up 20 […]
Energy conservation is “Mission Area” on Indian Railways. As part of its mission, three more railways stations of the Central Railway zone are now being powered by wind and solar energy. Central Railway has already changed to energy efficient LED lights 100% at its stations and service buildings, etc. Asangaon station of Central Railway has […]
The global solar sector witnessed a total corporate funding activity worth USD 9.7 billion in 2018, a 24 per cent drop compared to the year-ago period, according to a report. Mercom Capital Group said the total global corporate funding, including venture capital (VC), debt financing and public market financing stood at USD 9.7 billion, a […]
In a development that will boost the country’s technology infrastructure and vitalize the concept of green data centers, the Government of Andhra Pradesh (GoAP) on Wednesday signed a MoU with the Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This ambitious project […]
The government on Thursday approved a pact between India and France to enhance technical bilateral cooperation in new and renewable energy. The decision was taken by the Union Cabinet chaired by Prime Minister Narendra Modi here. “The Union Cabinet has approved the memorandum of understanding (MoU) between India and France on technical bilateral cooperation in […]
Implementation of National Energy Storage Mission has become India’s priority to secure the leadership slot in RE and Energy Storage on global platform. In its endeavour to drive India’s ambitious National Energy Storage Mission, Energy Storage India (ESI) on Friday began with power packed sessions from International thinkers, industry experts, eminent industrialists and top most […]
The renewable energy sector in India has been dynamic in the last two decades, and especially over the last few years, with ambitious targets. That said, recent bottlenecks the sector has faced suggest that businesses in the sector require to focus on creating “economic moats” to enable the next phase of growth. The term “economic […]
Central Electricity Regulatory Commission (CERC) floated terms of reference (tor) for assessment of regulatory impact of renewable energy certificate mechanism. Renewable Energy Certificate (REC) Mechanism, a market based instrument, was introduced in 2010 by Central Electricity Regulatory Commission (CERC) through notification of CERC (Terms and Conditions for Recognition and Issuance of Renewable Energy Certificates for […]
