Indian Oil Tenders for 350 KW Solar PV Project in Haryana

State-owned energy major Indian Oil Corporation Ltd (IOCL) has floated a tender inviting bids from eligible bidders for setting up of 350 KWp captive solar photovoltaic (PV) project on Lump-sum turn-key (LSTK) basis at its LPG Bottling Plant in Gurugram, Haryana. The earnest money deposited (EMD) for the tender is fixed at Rs 1,61,400.

Renewable energy / Solar PV | 03/08/2020 | By Manu Tayal

Now Consumers in Chattisgarh Can Get 1kW Solar Rooftop System in Rs 24,000

This was after Chattisgarh State Renewable Energy Development Agency (CREDA) discovered Rs 40,000 per kW rate for capacity range between 1 kW to 10 kW, in response to a tender floated for the empanelment of System Integrators (SIs) for installation of grid connected rooftop solar photovoltaic (GRPV) system under phase II of MNRE program.

Policies & Regulations | 30/07/2020 | By Manu Tayal

Cumulative RE Capacity Estimated at 120-125 GW by December 2022, Aided by Utility Solar & Wind

Nonetheless, the overall medium to long term investment outlook for the renewable energy sector remains strong supported by highly competitive tariffs, policy support and new schemes such as peak supply, round-the-clock supply, and RE plus thermal blending, which mitigates the risk of intermittent RE supply to some extent

Business | 29/07/2020 | By News Bureau

Government Considers Withdrawal of Customs Duty Concession for Wind Turbine Parts

“MNRE has examined which components are entering India and from where. Several rounds of discussions have been going on. It realized that most of the components are coming from China because it’s cost-competitive,” said sources

Policies & Regulations | 29/07/2020 | By News Bureau

NTPC Floats Tender to Acquire Operational Solar Projects worth 1 GW

Besides, NTPC, formerly known as National Thermal Power Corporation, is having a long-term plan of capacity building through renewable energy sources by over 32 GW till 2032, which comprises of nearly 25 percent of its overall power generation capacity

Renewable energy / Solar PV | 24/07/2020 | By Manu Tayal

Analog Devices, Intel Partner to Create Radio Platform to Address 5G Network Design Challenges

Nasdaq-listed Analog Devices (ADI) has entered into partnership with Intel Corporation to create a flexible radio platform to address 5G network design challenges and will enable customers to scale their 5G networks more quickly and economically.

Business | 05/08/2020 | By Manu Tayal

Godrej & Boyce Expects Spike in Demand for Precision Equipment

Amidst rising momentum for ‘Make in India’, Godrej Group flagship company Godrej & Boyce (G&B) is expecting a rapid demand surge for precision equipment and larger opportunities for growth in bespoke engineering systems and equipment offerings.

Solar manufacturing | 05/08/2020 | By Manu Tayal

Change-in-Law Payments a Rs 4k Cr Booster for Solar: CRISIL

These developments come on the back of continued regulatory support such as the Ministry of New and Renewable Energy’s (MNRE) memorandum upholding the ‘Must-Run’ status of renewable energy amid the Covid-19 pandemic, and extension of completion timelines for under-construction projects by the authorities in view of the lockdown.

Power R&D | 05/08/2020 | By Manu Tayal

ReNew Power Strategies to Set Up Solar Manufacturing Unit Worth 2000 MW in Rajasthan

The company has sought additional subsidies besides what Rajasthan Industrial Promotion Scheme -2019 (RIPS-2019) offers and has cited the incentives that the companies in China avail making their products cheaper by 20-25%

Solar manufacturing | 05/08/2020 | By News Bureau

Best Power Equipment Successfully Completed Two Decades of Journey

BPE provides a complete suite of power management solutions including UPS from 600 VA to 1000 kVA Customized smart rack solutions, and solar inverters. It focused on Green UPS designs energy-saving technology. Today, it has over 1 lakh installation base, 300 plus channel partners, National distributor Ingram Micro and IRIS Computers.

Energy Storage | 05/08/2020 | By Manu Tayal

Unicorn India Ventures Invests in IoT enabled Smartgrid Automation Startup Probus

With an aim to help energy utilities to save money in last-mile power distribution segment, Mumbai-based early stage VC fund house Unicorn India Ventures (UIV) has recently invested in (Internet of Things) IOT enabled Smartgrid automation startup Probus Smart Things Pvt Ltd.

Smart Grid / T&D | 05/08/2020 | By Manu Tayal

Ayana Renewable Acquires 40 MW of Solar Assets in Karnataka from First Solar

Shivanand Nimbargi, MD and CEO of Ayana, commented: “This is the first step in Ayana’s long journey of acquiring high-quality operating renewable assets. With US$ 330Mn committed equity, Ayana will continue to pursue similar opportunities for acquisition and focus on inorganic growth.”

Renewable energy / Solar PV | 04/08/2020 | By News Bureau

Clifford Chance Advises on Bangladesh's Largest Independent Gas-Fired Power Generation Project

It is the first time that a Japanese sponsor has taken a leading role in the development of a Bangladeshi power project and the first time for JBIC and NEXI to provide project financing in Bangladesh

Business | 04/08/2020 | By News Bureau

NTPC Group Achieves 13.3% Growth in Gross Generation in July

With a total installed capacity of 62910 MW, NTPC Group has 70 Power stations comprising of 24 Coal, 7 combined cycle Gas/Liquid Fuel, 1 Hydro, 13 Renewables along with 25 Subsidiary & JV Power Stations

Business | 04/08/2020 | By News Bureau

Oscilla Power Gets $200k Grant to Develop Technology to Recharge Underwater Vehicles

Oscilla Power, a company working on ocean wave energy, said that it has received a grant of USD 2,00,000 from the United States Department of Energy (US DOE) to further develop technology that enable autonomous underwater vehicles (AUVs) to recharge themselves using ocean waves.

Renewable energy / Ocean Energy | 04/08/2020 | By Manu Tayal

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