India’s Solar Power Capacity Addition to Develop by 15 percent to 7,500 Mw in FY 2019-20

By contrast, last financial year’s solar capacity addition is projected to have continued restrained in a range between 6,000 Mw and 6,500 Mw because of weak trend in award of solar projects in calendar year 2017.

Renewable energy / Solar PV | 23/04/2019 | By Moulin

ADB Approved Closely USD 4 Billion in Sovereign Loans and Co-Financing to India in 2018

The Manila-headquartered ADB dedicated numerous projects in India, including in Bihar, Himachal Pradesh, Madhya Pradesh, Karnataka, Tamil Nadu, Assam and Odisha

Business | 17/04/2019 | By Moulin

India Will Reach 227 GW of RE Capacity by 2022: Vice President

The Vice-President called upon town planners to make sustainable solutions such as harvesting solar energy and enhancing green cover an important part of town planning.

Policies & Regulations | 15/04/2019 | By Moulin

Growatt Showcases Latest Inverters at Global Trade Shows

Growatt engineers and representatives received delegates at Smart Energy Conference & Exhibition in Australia, International Green Energy Expo & Conference in South Korea, Solarex Istanbul in Turkey and the Solar Show in Vietnam

Business | 10/04/2019 | By Moulin

Orb Energy Commences Installation of Phase III of India’s Largest Multi-Site Rooftop Solar

Klene Paks is India’s largest manufacturer and exporter of fertilizer bags, and expects to save more than INR 6.5 crores per annum with payback in less than 3 years

Renewable energy / Solar PV | 08/04/2019 | By Moulin

India & Bhutan Settles Rs 4.5K Crores Mangdecchu Hydro Project’s Power Tariff Procedure

The starting tariff for a term of 35 years is Ngultrum 4.21 (Eqv. INR 4.21) per unit. That will go up at a rate of 10% every 5 years till Bhutan’s loan for the project is repaid and 5% afterward. Government of India has funded INR 33.82bn for the project with 70% of that as loan and 30% grant

Renewable energy / Hydropower | 26/04/2019 | By Moulin

GERC Retains Power Tariffs Unchanged for FY 2019-20

In order to simplify the tariff structure for residential consumers, GERC has reduced the number of slabs from five to four by merging 100-200 units and 200-250 units slabs into one slab of 100-250 units

Business | 26/04/2019 | By Moulin

ADB Sanctions $100 Million Facility for Pacific Renewable Power Projects

The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in ADB’s Pacific developing member countries over a 5-year period. ADB’s Pacific Department (PARD) and Private Sector Operations Department (PSOD) will work together to implement the program

Business | 26/04/2019 | By Moulin

Hero Future Energies and IFC to Devote Rs.1,404 Crores in Rajasthan Solar Project

The project will be buoyed by the World Bank’s International Finance Corporation (IFC), which will invest about $43.3 million (Rs 300 crore). The project will be established by Clean Solar Power (Jodhpur), a subsidiary of HFE

Renewable energy / Solar PV | 26/04/2019 | By Moulin

ISA Funding Will Be Consider as Domestic Funding: Home Ministry

The resolution was taken as part of India’s efforts to help and help achieve the goal of increasing the use of solar energy, officials said. The United Nations, Intergovernmental Panel on Climate Change, International Labour Organisation, and International Monetary Fund are among 109 organisations exempted by India from foreign funding licences

Business | 26/04/2019 | By Moulin

World Bank Sanctions $200 Million Regional Off-Grid Electrification Project in West Africa

The new project maximises finance for development by crowding in private investments to deploy innovative technologies. By developing a regional market, it will help better address the important growth in demand for reliable electricity and will help create jobs

Renewable energy / Solar PV | 26/04/2019 | By Moulin

SGRE Will Solidify Leading Position in Offshore Wind Segment After Replacing GE: Globaldata

Siemens Gamesa (SGRE) has stepped in to fill the space, signing a new framework agreement with EMF for the remaining two projects after GE’s exit

Renewable energy / Wind Power | 26/04/2019 | By Moulin

Suez Water Technologies & Solutions Leverages Digital DNA For India’s Energy Production Demands

Using a variety of Bentley applications, including OpenPlant, AutoPIPE, Navigator, ProSteel, and STAAD, SWTS created and implemented a digital model for managing this project

Business | 26/04/2019 | By Moulin

NITI Aayog Seeks Assistance from Oil Ministry for Installing EV Chargers at Petrol Pumps

Setting up charging stations at fuel pumps could be effective preliminary steps toward popularizing EVs, though after a while charging points will proliferate to almost all places that can park a car or bike

Other Energy Applications / Sustainable Transport | 25/04/2019 | By Moulin

ASSOCHAM, REPA Inks MoU for Promoting Renewable Energy

As per the MoU signed, both the organizations will work together to promote significant and palpable actions The move will help the two associations in nurturing the co-operation among them

Business | 25/04/2019 | By Moulin

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