Author: Ayush Verma

Distributed Renewables Could Create 400,000 Jobs in India

A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […]

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4 Lakh EVs in India, Half of Them in Delhi & UP: Nitin Gadkari

Nitin Gadkari has informed that at present there are nearly 4 lakh (3,97,184) registered EVs or battery operated vehicles in India The Minister for Road Transport and Highways, Nitin Gadkari, has informed that at present there are nearly 4 lakh (3,97,184) registered electric vehicles (EVs) or battery operated vehicles in India and that more than […]

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4.5 mn People in Africa to Benefit With Off-Grid Power by 2025

AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […]

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Masdar Signs MoU in Armenia for Development of 500 MW RE Projects

Masdar has signed an MoU to pursue renewable energy opportunities to the tune of 500 MW in solar and wind energy projects in Armenia. Masdar or the Abu Dhabi Future Energy Company has announced the signing of a Memorandum of Understanding (MoU) to pursue renewable energy opportunities in the Republic of Armenia, a country with […]

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KSL Cleantech Planning Rs 200 cr Investment in EV Venture

KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers through its EV Venture Kolkata-based KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers and expanding manufacturing capacity besides sales and […]

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Government to pay Damages to Consumers for Load Shedding

R K Singh has confirmed that the aim of the Government is to have “One Nation One Grid” and that it will pay damages to consumers in case of load shedding. Union Minister for Power and New and Renewable Energy, R K Singh has said that the aim of the government is to have “One […]

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BHEL Floats Tender for 10 MW Solar Plant in Telangana

BHEL has issued a tender for the deployment of a 10 MW solar power plant at the Singareni Thermal Power Plant (STPP) in Telangana. Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible bidders for the deployment of a 10 MW grid-connected solar PV power plant at the Singareni Thermal Power […]

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Financial Close for 588 MW Offshore Wind Farm off Scotland

The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities. The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities, Beatrice Offshore Windfarm Ltd (BOWL) has announced. […]

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NSEFI Urges Govt to cap RE Tariff at Rs 3/Unit under SECI/NTPC Auctions

NSEFI has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit for auctions by state-owned SECI and NTPC. The National Solar Energy Federation of India (NSEFI), an umbrella organization of all solar energy stakeholders of India, has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit […]

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