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Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd

Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […]

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Siemens Develops 1st Dynamic Power Grid Control Centre 

Siemens’ DynaGridCenter is capable of visualizing dynamic processes that bring the energy transition to the power grid and provide targeted recommendations for actions to optimize the grids and prevent blackouts. Leading energy sector player, Siemens, while working alongside researchers, has developed world’s first cutting edge Dynamic Power grid control Centre ‘DynaGridCenter’. Siemens’ DynaGridCenter is capable […]

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Azure Power Gets LoI to Electrify HAL

The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […]

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SECI’s 5000MW Solar Auction Gets Single Bidder

As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […]

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World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally

Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […]

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innogy to Kick Off Australia’s Largest Solar Power Plant Construction

Limondale project is located near Balranald, New South Wales and the company commences the preparation works and pre-pilling tests. Following the acquisition completion in mid-September, German energy firm innogy SE has decided to construct Australia’s largest solar project – Limondale with an installed capacity of 349 MWp. Limondale project is located near Balranald, New South […]

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India’s Renewable Energy Addition Falls Almost 20% YoY: Report

According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […]

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Solar-Powered Cochin Intl Airport Wins UN’s Highest Environmental Honour

“Cochin International Airport will take home the award for Entrepreneurial Vision, for its leadership in the use of sustainable energy,” says UNEP. World’s first solar-powered Cochin International Airport has been conferred with the United Nation’s highest environmental honour for 2018 ‘Champion of the Earth’ award in the Entrepreneurial Vision category. The United Nations Environment Programme (UNEP) […]

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Statkraft to Invest $1.2 Bn in Renewable Energy

In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […]

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