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
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
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
“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
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
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
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
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
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
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
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
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
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
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, 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
Kadri Simson, European Commission discusses about The European Green Deal & its future RE plans
Yash Jain, MicroSun Solar Tech Pvt Ltd. talks about the company’s progress and its future plans
Honey Raza, Solis India talks about company’s plans for India and opportunities from COVID-19
Energetica India talks to Rana Adib, REN21 to learn about Renewables 2020 Global Status Report